So say i put my website down as www.whatever.com, i got approved by an advertiser and got the following link, as an example


http://www.tkqlhce.com/click-5xxxxx6-1xxxxxx2

Can i just give out this link anyway i want? or does the link have to be embedded on my website, www.whatever.com ??

You can give your affiliate link out however you want, however if you are thinking of spamming it everywhere you're better off putting a redirect up on whatever.com rather than direct linking to your affiliate url, just to act as a small buffer between the spam complaints and the affiliate network.