What is Coinbase Impact? The Coinbase Impact program is an affiliate program designed for content creators. Content creators are rewarded with 50% of trading fees for referring customers to Coinbase. This is a free upgrade to the existing referral program.
I have personally used Coinbase for most of my cryptocurrency purchases since I began buying cryptocurrency a couple years ago. I have also utilized their existing customer referral program as I have talked to friends about buying cryptocurrency. So when I heard about this improved affiliate program I was quick to test it out for myself. Overall, I have been pleased with this new program but have also found that there are some advantages and disadvantages that people should know about.
Keep reading for details about the Coinbase Impact Program.
Who is the Coinbase Impact Program Designed For?
It is designed for website, blog, and content creators who have high traffic flow or the ability to influence larger groups of people. If you are not a content creator you will probably want to use the traditional referral program. Instead, you will find the traditional referral program rewarding.
What Is The Difference Between The Existing Referral Program and The New Impact Program?
The traditional referral program allowed you, and your referral, to each get paid $10 worth of Bitcoin when they made their first $100 transaction. The impact program allows a content creator to earn 50% of their referrals trading fees for the first three months. Your payout will be made in fiat currency.
How Are Payments Made?
Payments are made after your referrals total $50 or more. You can choose to have funds deposited into your bank account or paid to Paypal. Depositing to your account is free, while Paypal charges a transfer fee. In addition, you can choose which day of the month you would like to receive payment to your account.
What Does The Affiliate Support Page Look Like?
I am very impressed with the clean affiliate page Coinbase has created to support its users. There are many different types of ad banners, tracking links, reports, and ad tools. It is also very easy to navigate and is simple to use. You can even enter a landing page that is directly supported.
What Are The Advantages / Disadvantages?
-Higher payout potential.
-Receive payouts for three months.
-Easy to use.
-Great affiliate page and resources.
-Only for "super referrers"
-Paid in fiat currency instead of Bitcoin.
-Need to sign up and be approved. (Traditional referral does not require sign up and approval)
How To Sign Up For Impact Program
You will first need to submit an application and be approved.
Step 1: Start by visiting app.impact.com
Step 2: Sign up and fill in full application. (You will need quite a bit of information and it will take 5-10 minutes)
Step 3: Submit application and wait for approval.
Step 4: Once approved fill in bank account information and begin marketing.
What If You Are Not A "Super Referrer"?
Everyone can earn money for referring friends to Coinbase. Individuals should continue using the traditional referral program and earning $10 worth of Bitcoin.
Sign up for Coinbase account Here.
***Once you have established your account you will automatically have access to referral link which can be shared through text or email.
I have enjoyed using both the traditional Coinbase referral program as well as the Impact Program. If you are a content creator you will enjoy the impact program, while individuals can easily participate in the traditional referral program. Depending on if you have a preference between being paid in Bitcoin, or fiat currency, will also help you determine which program is best for you. Either way, both programs offer a great way for you to be rewarded for sharing coinbase with your friends.