Cryptocurrencies are going through some of the worst time in history. People who in 2017 thought simply buying altcoins is a great way for making money had their financial strategy painfully reviewed in 2018.
Bitcoin lost almost 50 percent since early November, as usually other cryptocurrencies followed the slide. What’s next? The usual answer to the loss in financial markets should be risk reduction. There are no strong signs showing anything is fundamentally wrong with Bitcoin and many other leading altcoins, so if you believe in cryptocurrency you should diversify your investments in these markets.
Apart from just buying and selling coins directly, spend some time developing day trading strategies. With day trading you can make profit when the crypto markets are going up or down. All you have to do is read crypto news and charts. If you do one of these, it may be the road for you.
Making money on crypto without trading
However, you don’t have to buy or sell anything to make money with crypto markets. It’s enough you know other people interested in trading and recommend a platform to them.
How to do it? It’s crucial to choose the right tool to promote. Choose a new or newly redesigned platform, perfectly with a fast-growing user base that’s easy to promote. An award-winning platform SimpleFX may be a good choice for a start since it’s growing fast after winning Cryptocurrency World Expo award for the best trading tool in 2017 & 2018.
The good thing is that you don’t have to buy anything, nor deposit any money, nor connect any payment method. All you need to do is sign up to the platform with your mail, and get your own personal referral link.
Next, share the link with your friends, promote it on a YouTube channel, blog or on chats and forums. The good part about it is that you don’t have to sell anything. It’s enough that a trader clicks on your link and signs up to SimpleFX and you will earn commision for every trade he or she ever makes with the platform.
How much can you get? For the first $8,000 you’ll get 5%, that is $40. But this won’t last long if you attract some active high volume traders. Once you hit $8,000 you get three times more, that is 15% revenue share, and when you cross $20,000 you get 25% of the spread. That means if all the traders recommended by you generate just $500 spread in 24 hours, you will earn $125 passive income a day.
That’s not all. You will also get 5% of the spread from any trader that ever signs up to SimpleFX clicking in the link shared by your referrals. This is called multilevel revenue share.
Get the right tool
To track lifetime revenue share streams you need a reliable software. SimpleFX uses a 3rd party solution Unilink.io. Here’s how it works.
Once you register to SimpleFX, click on the ☰ icon in the top left corner of the app and then choose “Refer friends” from the menu. You’ll get redirected to the Unilink.io dashboard.
The affiliate marketing campaigns are already there for you to use them. Just create a campaign, choose one of the engaging banners or landing pages designed by the professional creative team, and share them any way you like – on social media, blogs, YouTube, mail or ads.
In the Unilink.io dashboard, you’ll see the results of your efforts – the views of your ads, clicks, conversions, and what’s most important the direct and multilevel revenue in USD. The affiliate in the example has made $1392.52 of direct revenue in a month. That’s quite impressive.
Give it a try today. The sooner you start sharing your referral links the sooner they will provide some passive income for you.