Coinbase Affiliate Program Review

 

Last updated on

Disclosure: This page contains affiliate links. If you click through and purchase an item, I may earn a commission. See my terms of service for details.

 

Coinbase is a digital currency exchange and wallet where businesses and individuals trade bitcoin, ethereum, litecoin, and other cryptocurrencies. Its offers a portfolio of products for different customer needs.

  • Coinbase Wallet is a highly secure crypto wallet.
  • Coinbase Card is a Visa debit card that is funded by your Coinbase balance.
  • Coinbase Pro offers an intuitive user interface with real-time order books, charting tools, trade history, and more.
  • Coinbase Prime is a professional trading platform for institutional clients.
  • Coinbase Custody is an independent, NYDFS-regulated entity that gives clients access to a secure, institutional-grade offline storage solution.
  • Coinbase Commerce integrates with leading ecommerce platforms like Shopify to accept cryptocurrency payments.
  • Coinbase Earn lets you earn cryptocurrencies while learning about them.
  • USD Coin (USDC) is a cryptocurrency by Coinbase. For customers with a US dollar bank account, 1 USDC can always be redeemed for 1 USD, giving it a stable price.

Company Profile

  • Founded by Brian Armstrong and Fred Ehrsam in 2012
  • Headquarters: San Francisco, USA
  • 30M+ users
  • $150B+ traded
  • Available in 40+ countries
Coinbase Affiliate Program

The Coinbase affiliate program is hosted on Impact, a top-rated affiliate network, and anyone can join it. Let’s review the benefits, drawbacks, commission rate, cookie length, and details of the program.

Program Benefits

Coinbase is a top-rated crypto entity that is backed by well-known companies, such as ICE/NYSE, BBVA, USAA, and Y Combinator. It’s one of the largest crypto exchanges in the world by trading volumes, website traffic, and valuation. It has avoided news headlines involving bad actors and shady activities, for example, missing founders, theft, and exchange breaches. One drawback is its trading fees, which are relatively high compared to other exchanges like Binance. However, Coinbase provides a premium platform, which justifies its higher pricing.

Coinbase’s affiliate landing page is excellent. An affiliate landing page is supposed to be informative, and Coinbase includes crucial details. It’s also well-designed. The only detail missing is the cookie length, which is 30 days.

Affiliates can earn high commissions. When you refer new customers to Coinbase, you’ll receive 50 percent of their fees for the first three months.

The commission payout threshold is low. Impact issues payments when commissions exceed 50 USD or the local equivalent. Payouts are sent to the affiliate’s bank account.

Deep linking is available. Deep linking is the practice by which an affiliate creates a link to a specific page on the merchant’s site. For example, instead of using a generic homepage affiliate link, I can link to an article that relates to my post. Publishers can create links and direct traffic to landing pages of their choosing.

Creative assets and banners are well-designed. Hand it to Coinbase’s web and marketing design teams. They’ve taken pages out of Shopify and HubSpot playbooks to provide sharp and appealing advertising materials. It offers a fantastic mix of creative assets, including logos and banners in different sizes.

There’s a full-time affiliate marketing manager. When a merchant has the staff to support publishers, it quickens processes and shows commitment. You can contact the affiliate team through Impact.

Impact’s affiliate software is top-notch. It offers excellent and reliable tracking solutions. Furthermore, the user interface and activity reports are user-friendly and easy to navigate.

Coinbase also has a referral program. Long before the launch of its affiliate program, it enabled users to earn money. As they state, “If your friend visits coinbase.com/trade and initiates a buy or sell of $100 or more (or 100 USD equivalent of your domestic currency) within 180 days of opening his or her account, you both will receive a 10 USD (or 10 USD equivalent of your domestic currency) referral bonus when the order completes. Orders can take up to 4 business days to complete.”

Program Drawbacks

A 30-day cookie is standard but could be longer. Funding an account and trading aren’t things people rush to do. Secondly, it takes time to get verified, deposit funds, learn the UI, and finally pull the trigger on a trade. All those minor delays make the 30-day referral period disadvantageous.

Recurring payments only last three months. Although the commission rate is high, 50 percent, your earnings will end quickly. Alternatively, a lower payout rate of 20 to 30 percent with ongoing payments for the life of the customer would be more promising.

Making Money

Can you make $1,000 a month as a Coinbase affiliate? You can, but it will depend on market sentiment and developments. Bitcoin and cryptocurrencies go through peaks and valleys like stock markets. When market participants are optimistic, they’ll want to trade and vice versa. Case in point, the “crypto winter” kept a lot of traders/investors on the sidelines for months, which lowered demand for digital currencies. As for Coinbase, its affiliate program is excellent, and it has an impressive assortment of products to convert traffic.

Where should Coinbase rank in your marketing activities? If you cover digital currencies, forex, money, investments, or anything related, it should be a mid to high priority. Otherwise, you can make it a low to middle focus. However, Coinbase must continue to innovate because of increasing competition from free crypto trading platforms, such as Revolut, Robinhood, and Square’s Cash App.

Related Affiliate Programs
 

Chad Tennant

Chad is an online marketer, consultant, and publisher. He helps businesses and individuals achieve growth and financial success. Learn more at digitalfodder.com/about