What is cryptocurrency affiliate marketing?

Cryptocurrency affiliate marketing is the process of profiting from differences in the prices of certain assets. Crypto affiliate marketing is a popular way to profit from differences in the value of assets in a particular trading pair on different platforms or markets. The term “trading pair” refers to 2 specific assets, one of which can be exchanged on the exchange for the other and vice versa.

Rates in such pairs may not be the same on different exchanges. In this case, a trader can exchange, for example, bitcoin for dollars at one crypto exchange at one rate, and then at a more favorable rate to make a reverse exchange and benefit, earning a certain amount of money on the transaction.

This scheme is considered to be the simplest. Traders usually use more complex exchange options, in which a certain cryptocurrency is exchanged for others several times, and then make a reverse exchange, receiving a financial benefit.

Currently, there are many cryptocurrency exchanges operating, and their number is constantly increasing. If five years ago there were just over four hundred crypto exchanges registered, last year their number exceeded one thousand. Prices on different exchanges are always slightly different. Therefore, traders are constantly busy searching for these differences. Performing it manually is too long and tedious. For this purpose, they usually use bots or use special scanners.

What types and strategies of affiliate marketing exist?

Affiliate marketing can be intra-exchange (if a trader makes transactions on one exchange), inter-exchange, and international.

Intra-exchange affiliate marketing is possible when there are different prices for certain assets in different parts of the same crypto exchange. Some crypto exchanges have P2P platforms. On them, crypto trading is carried out directly between users who post ads with offers to buy or sell cryptocurrency.

In inter-exchange affiliate marketing, a trader buys crypto on one crypto exchange at a low price and sells it on another at a higher price. Prices are not the same on different exchanges due to less activity on smaller exchanges than larger ones.

There are also 5 popular affiliate marketing strategies:

• Inter-exchange affiliate marketing on centralized venues. This strategy is most often used by beginners, buying crypto on one platform and selling it on another.
• “Triangular” classic affiliate marketing on centralized platforms. In this case, take advantage of the divergence in the cost of three different types of crypto on the same crypto exchange.
• P2P affiliate marketing. Users trade directly with each other.
• DEX-affiliate marketing. Profits in this case are made in the process of trading on decentralized crypto exchanges.
• International P2P affiliate marketing. When applying this strategy, profit is made by trading crypto directly with other users living abroad.

In the “Affiliate Networks” section of AffCommunity you will find crypto affiliate networks that will help increase your income.

It is impossible to call one of the above strategies more profitable than the others. Each of them can be quite effective with the right approach to trading. To make the right decisions and make competent trading operations, it is important to study the theoretical part well, get enough practice, constantly expand your experience and deepen your knowledge. A balanced, responsible approach to affiliate marketing with cryptocurrency makes it possible to make a fairly large profit with its help.

How much money can be earned?

People engaged in crypto affiliate marketing earn from 2000 dollars monthly. The amount of profit depends on the market used by the trader, the time he devotes to this activity and the size of his starting capital.

It is desirable to start with the amount of at least 1000 dollars, otherwise too large a percentage of income will be written off as commissions. Having invested at least 1000 dollars, you will be able to earn monthly from thirty to one hundred percent of the invested amount.

Read the article “How to competently run plus on crypto with Google Ads” to improve your knowledge.