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How Can Social Media Influencers Increase Their Income with Crypto?

Nov 30, 2022 5 min read

A recent survey in the US showed, almost 72% of Gen Z and millennials follow influencers, and teenagers are more likely to follow many of them.

What does it mean for you as a media influencer?

It means an opportunity to earn money on affiliate programs.

Which ones?

It is up to you to choose.

Different companies offer different conditions. In most cases, you can count on weekly or monthly payouts, usually, it is some % of the number of sales your followers make. Needless to say that this % is typically very low. In some cases, companies will offer their products for free instead of paying you.

These are the main reasons why not everybody manages to monetize their efforts in social media. And indeed, it is difficult to find a company that is ready to pay decently for your efforts. Even more difficult is to find a company that offers products that are in high demand.

But if you want to engage in something innovative and get a constant flow of income, paying attention to affiliate programs offered by crypto companies is one of the most promising ways. There are several reasons why.

  • Cryptocurrency companies cannot use social media to directly advertise their services. That’s why they build their affiliate programs in a way to make them attractive to influencers.
  • While with other companies, you may get payouts on a weekly or a monthly basis, while with crypto companies, you can count on instant payouts.
  • The income amounts are unlimited. The more swaps your followers make via the link, the more you earn.
  • The potential is immense. The cryptocurrency industry is still young but its adoption is growing exponentially. It means that your earning potential with crypto is going to grow, too.

The majority of big companies working with cryptocurrency offer affiliate programs. So, influencers can benefit from affiliate programs offered by Coinbase, Binance, and Changelly, among others. Even cryptocurrency wallets such as Trezor and Ledger offer to earn on affiliate programs. But not all of them offer the same conditions, and some affiliate offers, for example, the one of Binance, are pretty tricky even though the rewards can be high.

Some affiliate programs require you to purchase the platform’s native cryptocurrency and lock it for a specific time. Needless to say that in such cases, you’d need to invest more than you would eventually earn. Just as an example, Binance offers up to 40% affiliate commission if you hold 500 BNB in your wallet. At the moment of writing, it is over 130,000 USD. If you are looking for earning opportunities, you may want something that doesn’t require the initial investment and offer rewards worth your time and effort such as the affiliate program offered by LetsExchange.

What Does LetsExchange Offer for Its Partners?

With the LetsExchange affiliate program, you can choose from several options. You can opt for a customized widget or button if you have your own website, page, or blog. But we believe that an affiliate link would be the optimal solution for you.

Why?

Because you aren’t tied to a specific resource to use it. An affiliate link works on any social media platform – Facebook, Twitter, Instagram, YouTube, TikTok, or any other that you may prefer.

It doesn’t require any special effort from you. You don’t even have to create any crypto-related content. It is sufficient to mention sometimes that you change crypto with this service – and provide the link or mention that there is a link under the video or in comments.

How much can you earn?

It depends on you only. The more people swap crypto via your affiliate link, the more you earn, and the percentage grows with the increase of the sums swapped. You can also adjust referral fee to your target audience and promo strategy. To set up your campaigns for more profit one can explore detailed statistics in your personal account.

But what if you have a limited number of followers? Say, if instead of millions, you have just some thousands of them?

No worries. Statistics show that influencers with a smaller audience tend to build more trustful relationships with their followers. It means that you may have more chances to impact the choices of your followers than somebody with millions of people following him.

Is It Worth Your Time?

Joining an affiliate program doesn’t take a lot of effort from your side. Actually, you need just create an account, and then – a referral link. But if everything is done correctly, it can bring you good money. That’s why if you are looking for an additional source of income and have a good number of followers, an affiliate program may be a good option to consider.

If you choose LetsExchange affiliate program, you may choose not to disclose your personal data at all. You can earn absolutely anonymously, without any verifications. Of course, you can count on our support and get a consultation if needed.

To start, you need to perform these simple steps.

Step 1

Register your account. If you have a promo code, you get a bonus for the registration!

Step 2

Once you login to your account, you can start creating referral links – as many as you want, for all your networks and campaigns!

Step 3

Once the referral link is created, give it a name.

Step 4

Now, copy the referral link and paste it where you are going to use it. And on this page, you can see the results! Follow the statistical data here! Get all the data to set up your promo campaigns to make them work efficiently.

Step 5

Finally, you can check the Receipt with the data of all your transactions.

Do you want to start earning right now? Set up your account, create a referral link, and see your income growing!