People are always looking for new ways of making money online and Bitcoin is now emerging as a new way of generating that extra cash. While arbitrage is what comes into mind when someone mentions making money with Bitcoin, it is also possible to have an online Bitcoin based business where you do not have to be directly involved in the buying and selling on this crypto currency.
You can join a Bitcoin affiliate program that would allow you to generate revenue by driving traffic to specific Bitcoin related programs. xCoins.io has a Bitcoin affiliate program where the revenue is paid in a CPA (cost per action) basis. There are three different ways you can ern money from the xCoins Bitcoin affiliates program: referring borrowers, lenders and other affiliates (also called sub-affiliates) to the website. The program pays out a commission that the site calculates as a percentage of the xCoins loan origination fee, which can either be 5 percent (for direct referrals) and 25 percent (for referrals by our sub-affiliates) of the transaction amount. Commissions for each transaction are deposited instantly into your xCoins wallet in the form of Bitcoin. For customer referrals, all affiliate commissions are paid for the entire lifetime of that customer.
How do you get started with this program?
To start earning money from Bitcoin as an xCoins affiliate, simply sign up for an account and start referring clients. Signing up takes only a few minutes as no approvals are required. Referring users to the site is the tricky, and most important part. Fortunately, there are numerous way of doing this. These include:
* Create a website and putting xCoins affiliate links on the site
* Using your social media page to share affiliate links
* Approaching people offline and referring them by giving them an xCoins promo code. You can also use promo codes on your website or social media pages.
Once users sign up through your promo code or affiliate link, you will be receiving a commission every time they complete a transaction on the website.
What are some of the benefit of this program?
xCoins is a pioneering peer-to-peer Bitcoin exchange that offers instant transactions. This has made it one of the most popular Bitcoin trading platforms on the web. Here is why you should consider joining their affiliate program.
1. High payouts
According to their website, they pay over 60 percent of their transaction fees to their affiliates. Not only do they offer some of the highest affiliate commission percentages, their transaction fees are also among the highest. Compare earning 5 percent per transaction with 1 percent on other sites.
2. Hight trade volumes
The site gets many repeat customers since users are attracted to the speed and convenience the service offers. This means that you can establish a steady stream of revenue once you successful refer a few clients.
3. They pay for life
xCoins continues paying commissions on all transaction placed by a referred user for life. This means that you will still be receiving payments ten years from now as long as the users you refer remain active on the site.