ChrisPop
Legendary
Offline
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
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October 18, 2019, 08:57:20 AM |
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As far as I know the people who make money from trading platforms' affiliate programs are eithet marketing professionals and know how to target quality people that are really interested in trading - usually people with money because you as an affiliate earn money based on the trading volume of your referrals.
Besides that there are the established traders and opinion influencera on youtube or different channels. They also attract targeted audiences
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MonsterV
Legendary
Offline
Activity: 2212
Merit: 1008
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October 18, 2019, 10:07:09 AM |
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Join affiliates only on the top exchanges, I think you know that exchange. But here the problem is do you have a customer base? are you a famous person if you are not within that criteria then you will be difficult to make money from affiliate programs.
Just look, most people who join the affiliate program among YouTubers, bloggers, forum moderators / group chat, etc. Well, you should build a customer base first before starting it, unless you want to try being a spammer.
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xSkylarx
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October 18, 2019, 12:54:01 PM |
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Im trying to bring some referrals under my on 3 exchanges at the moment, is anyone doing this? did you made any $$?
Even if I have accounts on many exchanges I've never bothered asking for referrals. I don't see the self benefit of this and if you really want to earn in trading you will do it yourself and not depend on your invites from your referral. I never heard of someone that earned some decent amount from his referral in an exchange.
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NathanJB
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October 18, 2019, 02:19:06 PM |
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Im trying to bring some referrals under my on 3 exchanges at the moment, is anyone doing this? did you made any $$?
Even if I have accounts on many exchanges I've never bothered asking for referrals. I don't see the self benefit of this and if you really want to earn in trading you will do it yourself and not depend on your invites from your referral. I never heard of someone that earned some decent amount from his referral in an exchange. But if you are referring a whale who do daily trades with huge amount, you will also be earning nice. I have used referrals but since all of them are only trading sometimes or even seldom, I am not earning much from them. I do not even notice whether I made an earning or not. So if you are only referring users who are just like you, trying to earn by way of referrals, that is not worth it. But if there is a one-time payment for every referral then that is a clear earning for you. These are usually low reward though.
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Dart18
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October 18, 2019, 02:47:21 PM |
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Im trying to bring some referrals under my on 3 exchanges at the moment, is anyone doing this? did you made any $$?
Does this still works? I mean, is it really worth it by now? Plus, the possibility of someone clicking it is getting really low by now. I would rather make some money by myself than wait for something which is not exactly sure if it will happen or be paid. Before it is the hype of all but now? Not anymore.
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sana54210
Legendary
Offline
Activity: 3332
Merit: 1128
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October 18, 2019, 06:03:53 PM |
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I have done it at its peak on binance and I can tell you it doesn't worth it as much as people think it does.
It all depends on who you bring and not how many people you bring, I have brought maybe 20+ people (registered 30+ but some of them didn't traded at all) and only 1 or 2 people actually made me some money, all others traded a bit and usually either stopped or left to another exchange, people who do not trade properly and just rarely do not make you any money, there is about 100 bucks I made from 20+ people in the end whereas I probably made as much from just 2 people and probably even more money from those people.
One of them traded like crazy every single day for months and just that made more than the other 20+ to be honest, so it is not about how many people you have as affiliate, it is about WHO you have as your affiliate.
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Lanatsa
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October 18, 2019, 09:01:09 PM |
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I have done it at its peak on binance and I can tell you it doesn't worth it as much as people think it does.
It all depends on who you bring and not how many people you bring, I have brought maybe 20+ people (registered 30+ but some of them didn't traded at all) and only 1 or 2 people actually made me some money, all others traded a bit and usually either stopped or left to another exchange, people who do not trade properly and just rarely do not make you any money, there is about 100 bucks I made from 20+ people in the end whereas I probably made as much from just 2 people and probably even more money from those people.
One of them traded like crazy every single day for months and just that made more than the other 20+ to be honest, so it is not about how many people you have as affiliate, it is about WHO you have as your affiliate.
Quantity doesn't really matter if those referrals aren't trading.As said quality or on how those referrals do trading is the most important thing. Even if you do have one person but its a whale one then expect for profits without even doing something is there.Rather than having 100+ without having any trading activity at all. Money or profit making on affiliate is plausible which it will just depend on whome you do referred.
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Rodeo02
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October 19, 2019, 03:19:41 AM |
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Im trying to bring some referrals under my on 3 exchanges at the moment, is anyone doing this? did you made any $$?
Does this still works? I mean, is it really worth it by now? Plus, the possibility of someone clicking it is getting really low by now. I would rather make some money by myself than wait for something which is not exactly sure if it will happen or be paid. Before it is the hype of all but now? Not anymore. In exchange yes its possible to earn ,but all of your earning will be depend on what your referral trade so if the referal you invited is not actively doing trading this is just a waste of time and you will earn nothing from it. Your job in affliate program is not only finding a person to register but make sure that they also trade so your time will not be wasted.
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TRONTON
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October 19, 2019, 04:21:08 AM |
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continue to actively assist people who use your referrals, the profits will continue. Most people fail because they are limited to profit targets for themselves, or they/refs are no longer active after registering, I've experienced it. There are a number of exchanges that offer cashback programs for both parties, I think this is good for profitable symbiosis.
Be sure to be active and always updated, and they will bring good things to introduce their friends to follow your offer.
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moneyball (OP)
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October 20, 2019, 07:46:08 AM |
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im always trying my best to get referrals, but my methods become saturated very quiqly
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ardentvolcanoes
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October 20, 2019, 07:50:56 AM |
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In the past i really earn by promoting different trading site like mercatox and binance like everytime they do invest then i earn little by that so it works here then that's why they really turn popular like non-stop will promote their trading site then i do this always in my real friends and family in life like i refer them because once they create without my referral then that's bad like no reward coming from their investment or they use others referral so i do this faster like i really tell or say to them to use my referral
I also did the same using our local exchange where you can buy bitcoin and some other crypto coins, you can earned referral bonus each time the participants process the KYC and make the account verified but unlike exchange it's only one time bonus rewards after you received it there's nothing to earned from the site. Imagine if you can invite and convinced people, it's a free penny for small works.
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Google+
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October 20, 2019, 08:20:14 AM |
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if you invite your friends at the exchange place, you should be as selective as possible if you invite trading at the exchange place with the referrals method with people who really have trading capital, you can give direction to him to keep doing instant trading so you can get a lot benefit from your friends if you do that. if your friend does not have trading capital then it is difficult to be able to benefit from your friends
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cheesetoast
Newbie
Offline
Activity: 5
Merit: 0
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October 20, 2019, 09:50:28 AM |
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See a lot of people on Twitter shilling ref links, doubt they actually make any substantial profit on it, unless they are lucky. If you're an influencer with a lot of followers, it can really add up.
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beerlover
Legendary
Offline
Activity: 3052
Merit: 1188
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October 20, 2019, 04:38:01 PM |
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Inviting "friends" will never work, you have only so many friends plus how many rich friends could you have? In the end that number is limited unless you are friends with bill gates who wants to spend a few million to test crypto trading somehow which is unlikely because if you are friends with him you would already take advantage of that friendship more than a freaking affiliate link.
However, if you manage to market the link to strangers online then you may end up with a lot more money but you can't just post your link here and there and hope for the best, that only works if you are the top advertisement on google and that requires more money than you make honestly (tried) so I would say sell something related to crypto but make sure you give a promotion code for everyone who signs up with your link and use that as discount, it works wonders.
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erickastella
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October 21, 2019, 09:01:38 AM |
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now there is a boom in affiliation from the market exchanges, indeed it is very beneficial for the affiliated namely to increase profit sharing to the affiliate owner if followers / referrals make a trade or deposit, but besides being a follower also rarely gets profits, therefore many people which spread referral links on Facebook, telegram, Twitter and others to make a profit but not a few people also use these links and then delete the referral owner code
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wxxyrqa
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October 21, 2019, 03:38:36 PM |
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now there is a boom in affiliation from the market exchanges, indeed it is very beneficial for the affiliated namely to increase profit sharing to the affiliate owner if followers / referrals make a trade or deposit, but besides being a follower also rarely gets profits, therefore many people which spread referral links on Facebook, telegram, Twitter and others to make a profit but not a few people also use these links and then delete the referral owner code
I completely agree with your opinion, since I have already encountered such a situation when I provided a link for registration to several people, after which they undoubtedly registered, but apparently deleted the referral code when filling in the data. I made sure that the distribution of links for a referral is not profitable, because in most cases new users believe that they will be taken from them to pay interest to the owners of the referral link.
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ufaiz50
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October 21, 2019, 04:30:30 PM |
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Im trying to bring some referrals under my on 3 exchanges at the moment, is anyone doing this? did you made any $$?
I don't really like to seduce people to use my affiliate program. in my opinion it's troublesome if those under me keep asking. I'm the type of person who prefers not to involve others, while I can do it myself. The affiliate program gives us a small profit, while the exchanger gets a lot of profit.
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moneyball (OP)
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October 22, 2019, 11:03:10 AM |
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in this case paxful is the best affiliate program, with 3k referrals on lev 1 and 2 i can easily reach 3k per month!
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Wapfika
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October 22, 2019, 12:33:52 PM |
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thanks for all of your resposes guys, i will post my earnings when i will reach more then 100$ per day
I wonder if it will cost that much per day, I'd been doing referrals from a wallet with exchange but it didn't cost that much around $10 in a week since there is a need for some verification before I receive the reward. Though if you have many friends will sign up under your referral numbers then it can be that price. I'm always thankful when there are people who referred me in transaction in my business, if only I can ask hem to sign up in exchanges but its not easy to indulged them in crypto it's too risky.
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gandame
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October 22, 2019, 05:15:49 PM |
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Now i think nobody because every exchange now are not involved in to referrals. There some affiliation but not referrals.
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