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Author Topic: Is anyone here that has referrals on any exchange?  (Read 849 times)
moneyball (OP)
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September 06, 2019, 08:03:30 AM
 #1

Im trying to bring some referrals under my on 3 exchanges at the moment, is anyone doing this? did you made any $$?

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September 06, 2019, 08:39:42 AM
 #2

did you made any $$?
Before I'm into referrals or affiliate marketing but not related to crypto. I made but that isn't too high because profit on referrals isn't really that much and stable.

A personality who's known for his activities can benefit from referrals as long as his activities are helpful, people would love to sign under his referral.

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September 06, 2019, 08:45:03 AM
 #3

Now some of these airdrop programs are really ridiculous. There are exchanges that not only do not return tokens to the referrer but also do not notify them for any reason.
I hate airdrop types about exchanges, so I don't join them anymore.

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moneyball (OP)
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September 06, 2019, 08:28:31 PM
 #4

ok thanks for your responses guys

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September 06, 2019, 08:46:19 PM
 #5

Im trying to bring some referrals under my on 3 exchanges at the moment, is anyone doing this? did you made any $$?

I only considering doing this depends on what type of benefits or rewards should I get.

For example, here in our local exchange, we can earn up to $1.45 per successful referrals who will sign-up and undergo KYC. And the fact that our local exchange is increasing popularity here, that is an advantage.

And take note that earning commissions from referrals do have terms. It's not as simple as your referrals will sign-up under you then that's it.

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September 07, 2019, 12:06:10 PM
 #6

Im trying to bring some referrals under my on 3 exchanges at the moment, is anyone doing this? did you made any $$?

I only considering doing this depends on what type of benefits or rewards should I get.

For example, here in our local exchange, we can earn up to $1.45 per successful referrals who will sign-up and undergo KYC. And the fact that our local exchange is increasing popularity here, that is an advantage.

And take note that earning commissions from referrals do have terms. It's not as simple as your referrals will sign-up under you then that's it.

Yeah right, to be an affiliate in a platform does sometimes require a variety of requirements, most of referrals are required to register and trade to extent to get a commission. And in my opinion this is indeed quite difficult, maybe it is easy if we already have a customer base such as through YouTube education channels, telegram channels, Facebook groups, blogs. But if we don't have it, it will be very difficult because there is no media for promotion except spamming.

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September 07, 2019, 12:08:53 PM
 #7

is anyone doing this? did you made any $$?

Exchange referrals are usually mostly shared by crypto-related websites, because it's one of the most effective ways of actually spreading referral links. Don't expect people and websites to promote your website for referrals if your website itself's bonus is not-so-good though, and especially if your exchange isn't good to start with. The reason why a lot of people are sharing their Binance referral links is because Binance is actually a good exchange, and the bonuses are great.

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September 07, 2019, 03:11:32 PM
 #8

Im trying to bring some referrals under my on 3 exchanges at the moment, is anyone doing this? did you made any $$?

Yes I did in Kucoin when Kucoin was just starting out, I just wrote a blog about Kucoin and their features and profit-sharing and post it to all my Facebook groups and pm my friends about Kucoin, my earning is not that big I earn a percentage coming from their trading, but unfortunately I don't have a whale in my list, so I'm not really making big referral income.

I think to blog about something you want to promote is great compared to just sending your referral links, they will thank you and readily sign up because they can understand just by reading what the program is offering.

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September 07, 2019, 04:00:58 PM
 #9

did you made any $$?
Before I'm into referrals or affiliate marketing but not related to crypto. I made but that isn't too high because profit on referrals isn't really that much and stable.

    A personality who's known for his activities can benefit from referralsas long as his activities are helpful, people would love to sign under his referral.


I believe you mean trusted and well-known personalities could do the affiliate marketing thing more profitably than regular people.
Did you consider building your trust first and see if you get more clicks/patronage? You should try having a niche and becoming a honest "expert" in that niche.
 If you keep sharing posts that help lots of people and you share your referral links one day, I bet you will be patronized by lots of those people especially the ones who enjoy what you do. You must never share something that will turn out to be scam else you lose many of your customers. You have to thoroughly research every product before sharing it and make sure you start with cheap products and  gradually move to sharing costly products once in awhile.
Make sure you understand exactly what your customers within your niche need.




    





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September 07, 2019, 07:36:03 PM
 #10

I have seen a few exchanges which offer Referral bonus for referring users to their site. They offer Bitcoins or Altcoins as a referral bonus. You can earn few coins from that.

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September 07, 2019, 08:05:59 PM
 #11

Im trying to bring some referrals under my on 3 exchanges at the moment, is anyone doing this? did you made any $$?

This was a thing in 2017, large exchanges like Kucoin and Binance has some sort of referral if I'm not mistaken (I don't know if they still does up to this day). But the problem is that there are a lot of exchanges popping around that you can refer to anyone, but there is still the question of trust. People would rather trade on a exchange which has a lot of liquidity and volume. Besides, there's a lot of bad connotation about newly built exchange specially if we are going to talk about exit scams.

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September 08, 2019, 03:38:33 AM
 #12

Im trying to bring some referrals under my on 3 exchanges at the moment, is anyone doing this? did you made any $$?

Any referral system is very hard, in my opinion. It will take years before you established yourself and get some referrals. And based on what I've noticed, those guys have a website to attract potential referrals. I'm not doing it because I know I'm not good at it. But if you have plans to make this your moneypot, at least a good website and make crypto trading platform reviews and then insert your referral link.

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September 08, 2019, 04:25:33 AM
 #13

In the early I am trading on local exchanges, I ask some of the friends to join under me, and gladly, they agree to do that, and they register it in the next day. Yes, I am making some additional income from them because they are deposit a big amount in that exchange, so I get some amount to as a reward. But then, I don't continue to search the referral because I don't invite the other friends to join in under me.

You can try that to gain more revenue from your friends but remember you need to explain to them how to trade. And you can also tell them that you will get some income from them if they deposit so they will do that with the other friends that want to join in under them.

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September 08, 2019, 04:37:07 AM
 #14

I have a few on binance and yes it works. Made some beer money already but they stopped trading a while ago. Especially one of them used to make good money for me.

It is hard to gain them though. You need to have some social media accounts with many followers. Even then it is still not guaranteed.

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September 08, 2019, 10:32:22 AM
 #15

The referral system works best on Binance. On some other exchanges, sometimes there are problems with payments or there are cases when a person registered using my referral link but he did not become my referral. Try to order advertising in different cryptocurrency telegram channels and place your referral link there. In this way, I received several referrals, but the problem is that it is difficult to find a referral who will trade in large volumes, otherwise you will receive a penny from referral deductions.

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September 08, 2019, 04:21:43 PM
 #16

I don't have. Don't have community or something that have a lot of followers. And for referrals, in my place there are no big players so i never think about refferals. But maybe if someone have large community, it is worth to ask other to be refferals as long both really help each others. But wouldn't work if people that we asked not use our referrals, in my community sometime when people share new exchange, they delete referral code.  Grin

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September 08, 2019, 04:32:24 PM
 #17

you better focus on your trading. the referral options pays very little and nothing much to gain from it. referrals are beneficial from ponzi schemes.  if you need to make your money from referrals, then join ponzi platform and top level programs that wants crowd to survive.

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September 09, 2019, 06:41:47 AM
 #18

i saw on binance that the nr 1 affiliate has made over 1600 btc onlly from the referral program!!! im at my 129 referral on binance at this point hope i can get to 500 untill the end of the year

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September 10, 2019, 06:38:32 AM
 #19

I have a lot of people on binance. I was lucky enough to be an admin of a huge telegram group when the binance craze started so I was lucky enough to pin my affiliate link there and suddenly there was tens of people joining right away and then I removed it because people were getting mad that I put my own instead of just information regarding it and was utilizing my position.

However, about 80 people joined under me and around 10-15 of them were active and I still have about 5 active people. Now they are no whales or anything but every month that brings me about 40-50 dollars, about 10 bucks a person, which is a nice little profit, it definitely is not a salary like thing but at least its better than nothing. Depending on how much you will invest into this idea then you gotta know its a long long game.

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September 11, 2019, 11:29:30 AM
 #20

you better focus on your trading. the referral options pays very little and nothing much to gain from it. referrals are beneficial from ponzi schemes.  if you need to make your money from referrals, then join ponzi platform and top level programs that wants crowd to survive.

I don't think that is a Ponzi scheme because as long as we can join in the recommended exchange like binance, we can get the additional income which we can use for trading or withdraw. I see that many people, including my friends, have raised their balance from the referrals programs because they can attract new people to join in binance. But I don't make a good income in binance because I am not too good to invite people to join in under me.



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