SocialManager
Elite Member
- Nov 26, 2018
- 3,155
- 3,678
Hi everyone! If you are interested in a new affiliate program in the cryptocurrency niche, I would recommend checking out BitMart. I have just joined the program myself, but my experience so far has been good.
Referral Sign-Up Link
Non-Affiliate Link
They have 2 main programs that pay commissions: BitMart Futures and BitMart Spot.
BitMart Futures
The payment ranges from 20% for 1 year up to 70% for the lifetime of a referral. However, general users should expect to stay on the 20% for 1-year tier. The next tier up requires a trading volume of 1,000,000 USDT ≤T ＜ 5,000,000 USDT each month, a difficult task unless you are a serious player in the cryptocurrency world. The Bitmart Futures program is single-tier.
BitMart Spot
The earing period is only 1-year for "Spot" trades, which are the most common trades your referrals will make. The bonus is that spot trades come with a 2-tier program (30% commission for tier-one, 10% for tier-two).
As explained on their website "Referrer can earn two tiers of commissions with 30% for tier 1 and 10% for tier 2. For example, User A invites User B to register at BitMart and later User B invites User C to register at BitMart. Then User A can earn 30% of User B’s trading fees and 10% of User C’s trading fees as commissions.
Why choose BitMart over Binance?
Binance offers a bigger, more trusted name, and currently offers lifetime earnings for all referrals. So why should someone sign-up with and promote Bitmart?
Personally, I promote both Binance and BitMart. I am finding it MUCH easier to get sign-ups for BitMart. I found out about BitMart while trying to buy SafeMoon. I struggled trying to figure out how to buy through PancakeSwap and ended up wasting a day and getting in too late to make a quick profit. BitMart was much easier for me as a newbie to understand and transfer money onto to start buying.
There are new coins being released constantly on BitMart. Most of them will end up being complete junk, but there are still a ton of people who want the opportunity to buy them. They want the thrill of the gamble, they want a little hope to look forward to a miracle return, they are newbies and have no idea what they are doing but insist on buying anyways. If they are going to buy them anyways, you might as well make a commission from it and make their lives a little easier.
Follow them on Twitter to watch for news about new listings and then look for people who are trying to buy and get them your referral link.
Create a social media account dedicated to promoting newly listed tokens or coins and push your referral links there.
They do support buying with Debit and Credit Cards, but the fees seem quite high for small purchases. So you might want to look into that further before advising your referrals to use that method. I have coins on Coinbase and I transferred from Coinbase to Bitmart.
That's all I have for now. Feel free to add questions or discussions below about this program. I don't know if I will have the answers for you, but I (and others) can try. If anyone else is currently promoting, please share your experience.
Referral Sign-Up Link
Non-Affiliate Link
They have 2 main programs that pay commissions: BitMart Futures and BitMart Spot.
BitMart Futures
The payment ranges from 20% for 1 year up to 70% for the lifetime of a referral. However, general users should expect to stay on the 20% for 1-year tier. The next tier up requires a trading volume of 1,000,000 USDT ≤T ＜ 5,000,000 USDT each month, a difficult task unless you are a serious player in the cryptocurrency world. The Bitmart Futures program is single-tier.
BitMart Spot
The earing period is only 1-year for "Spot" trades, which are the most common trades your referrals will make. The bonus is that spot trades come with a 2-tier program (30% commission for tier-one, 10% for tier-two).
As explained on their website "Referrer can earn two tiers of commissions with 30% for tier 1 and 10% for tier 2. For example, User A invites User B to register at BitMart and later User B invites User C to register at BitMart. Then User A can earn 30% of User B’s trading fees and 10% of User C’s trading fees as commissions.
Why choose BitMart over Binance?
Binance offers a bigger, more trusted name, and currently offers lifetime earnings for all referrals. So why should someone sign-up with and promote Bitmart?
- The two-tier affiliate program means that even if you stop referring new users, the users under you could start referring and you will get 10% of those commissions.
- Lots of people are already signed up at Binance, and most people have never even heard of BitMart yet, so there is a much wider audience available to sign-up under you.
- The base commission rate for spot trades on Bitmart is higher than Binance. The base commission rate on Binance is 20%, versus 30% on BitMart.
- Less competition promoting BitMart.
- Users can trade many coins and tokens that are not available on Binance.
Personally, I promote both Binance and BitMart. I am finding it MUCH easier to get sign-ups for BitMart. I found out about BitMart while trying to buy SafeMoon. I struggled trying to figure out how to buy through PancakeSwap and ended up wasting a day and getting in too late to make a quick profit. BitMart was much easier for me as a newbie to understand and transfer money onto to start buying.
There are new coins being released constantly on BitMart. Most of them will end up being complete junk, but there are still a ton of people who want the opportunity to buy them. They want the thrill of the gamble, they want a little hope to look forward to a miracle return, they are newbies and have no idea what they are doing but insist on buying anyways. If they are going to buy them anyways, you might as well make a commission from it and make their lives a little easier.
Follow them on Twitter to watch for news about new listings and then look for people who are trying to buy and get them your referral link.
Create a social media account dedicated to promoting newly listed tokens or coins and push your referral links there.
They do support buying with Debit and Credit Cards, but the fees seem quite high for small purchases. So you might want to look into that further before advising your referrals to use that method. I have coins on Coinbase and I transferred from Coinbase to Bitmart.
That's all I have for now. Feel free to add questions or discussions below about this program. I don't know if I will have the answers for you, but I (and others) can try. If anyone else is currently promoting, please share your experience.
