Anyone using paid ads for promoting Binance referral?

[awesomewebsites]

Is it still profitable in this bear market?

 

[Salamouna]

There are a few different ways that people are promoting Binance referrals. Some people are promoting paid ads, while others are relying on word-of-mouth marketing or social media outreach.

Paid advertising can be a very effective way to reach a large number of people quickly, but it can also be expensive. Depending on your budget and the size of your audience, paid advertising may or may not be the best option for you.

If you're looking for a more affordable option, word-of-mouth marketing can be a great way to reach new customers. You can talk to your friends and family about Binance and why you think it's a good investment opportunity. Social media is also an effective way to get more referrals.

For me all my referrals are from free traffic.

 

[awesomewebsites]

For me all my referrals are from free traffic.

I had used mix of free and paid. Paid was also profitable but at that time crypto prices were rising. Now it is on decline and thus less peple can be motivated to join crypto.

 

[Cypherpunk Zero #4027]

Paid was also profitable but at that time crypto prices were rising.

If it's not much to ask, how were the monthly profits? I get that you make more if you invest more, but how much % did you make?

 

[INCC]

So I follow this guy on Twitter who makes mostly BTC and ETH technical analysis and whatnot. He mostly shares the same predictions like other influencers. Just regular graphs etc but he has amassed a relatively large following.

What he does is that he makes PDF files on how to trade and shares them in his free Telegram group. These are not long tbh and no more than several pages for each topic. He adds this nice little touch to make these PDFs interesting or in a way that it's not very easy to copy him but if you have been around bhw then you'd know that you can create those same infographic-style PDFs with Canva or any similar tool to add your content.

The entire funnel looks like this:

Common TA prediction -> Post in Twitter -> Offer completely free trading course in Telegram -> Share Binance referral

The text content is inside the image so you really can't copy-paste it to plagiarism check but I'm quite confident that he copies this somewhere or rewrites it with minimal effort to make it unique.

Anyways, he has thousands of people in his TG all learning from those PDFs he has created. He always says that he teaches for free and does not charge a dime but shares his Binance code.

The entire concept is relatively easy but it's hard to get followers in your TG. I know for a fact that teaching trading is a hot topic right but it's really similar to CPA and other such offers if you think about it... He uses the old-school method of giving out ebooks for emails. There's nothing else in it. And he is killing it.

If you want to check his Twitter out and how he does it then:

https://twitter.com/emperorbtc

 

[Accountstealth]

It was way better around 4 years ago.

 

[GoldenMerc]

I'm also curious about this question, we've been in a bear market for so long it feels like. not so sure we will have many new faces around the crypto scene for another few years - once again.

I do notice however on twitter, the "big" influencer accounts that guage their whole audience on longing or shorting positions tent to post their most recent call with an img graph + referral code. Must work well for them especially if they are showcasing profits every trade!

 

[Chris Newman]

Is it still profitable in this bear market?

Your thread's heading refers to Binance referral. Most newbies who have never signed up for Binance, etc, think of it as a "place" or a platform where money can be made, rather than a "place" or a platform where (also) crypto can be exchanged.
So, the inital thought process of such newbies, is to do their research. Hence, even if they click on an ad (a paid ad) about Binance, they would not be signing up right away for Binance. They will then do their research and most of them NOWADAYS do such educational / informational research on Youtube. Remember, when it comes to researching with the motto of getting more information about a platform (or a software, etc, etc, etc), the number 1 "go to" for people is NOWADAYS Youtube.
Binance referral does not take cookies into account, it takes the Binance referral link / Binance referral code, into account.
Hence, a newbie would click on your paid ad, then get to know that perhaps Binance is awesome. Next, he or she will go to Youtube to research further and on Youtube he or she will see some awesomely created videos about how sexy profits can be made trading on Binance and the newbie gets hot and convinced. The Youtube video guy says "So, you've seen proof of how I have been earning my millions of US Dollars using Binance, so just click on the link in the description of this video, to become a sexy crypto trader like me". Then the newbie clicks on the Binance referral link of THAT YOUTUBER and it will be THAT YOUTUBER who will get the benefit of the Binance referral commisions and NOT YOU !!!
Paid ads will not be profitable for Binance referral OR for that matter any referral which does not take cookies into account.
Best platform to promote Binance referral, is Youtube (free, not paid ads). Next question : Does @krishnaverma have the skills to create amazing videos for Youtube ? (do the maths yourself).
The rest is upto you @krishnaverma However, I do understand that you are trying your best to increase your post counts & increase your visibility, but find some better & more effective ways of doing so. I will give you a hint : Don't only go on asking questions for which a simple Google search can give answers. Along with it, start adding value, by providing value. But, that again requires knowledge and skills. Start by adding a lot of leafy greens into your daily diet !!!

 

[INCC]

I do notice however on twitter, the "big" influencer accounts that guage their whole audience on longing or shorting positions tent to post their most recent call with an img graph + referral code. Must work well for them especially if they are showcasing profits every trade!

Correct.

The Twitter account I shared above, posted screens of his $21 million in BTC but he still needs to create free PDFs and get your referral fee

 

[Elvlin]

well if you say profitable atm paid ads. no.
but i think it's another way to invest annd have more token for next bull run

 

[mergiesing]

Is it still profitable in this bear market?

Yes , time for people start invest in low price

 

[razharov]

Yes , time for people start invest in low price

Could not laugh more, if there would be a coin for every time someone said this, there would be spammed to death amount of coins,..... ohh wait...

 

[mergiesing]

Could not laugh more, if there would be a coin for every time someone said this, there would be spammed to death amount of coins,..... ohh wait...

I never invest in shit coin, only major coin