Coinbase Launches Referral Program With 50% Trading Fee Payout
Similar to the programs running on both Binance and KuCoin, leading crypto exchange Coinbase announced this week that it has launched an affiliate program that will reward websites and blogs for successful referrals.
With our new affiliate program you can easily monetize your website or blog and get paid for successful referrals to Coinbase. More details here: https://t.co/QgPBzLg91E
— Coinbase (@coinbase) January 30, 2019
According to today’s announcement, Coinbase affiliates will receive 50% of their referrals’ trading fees for the first 3 months, including both buy and sell orders. The program allows for both crypto and PayPal payouts, and Coinbase will provide tracking tools and promotional assets.
By the looks of it, Coinbase’s program is more selective than the programs of both KuCoin and Binance, which allow retail investors to earn a percentage of trading fees from all referrals.
Coinbase is clearly focused on drumming up more users as it attempts to combat the stigma of the 13-month crypto winter. As we previously reported, a recent survey indicates that Coinbase is considering a subscription model for investors looking to reduce their transaction fees.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.