How the Affiliate Program Works
The program operates on a straightforward referral model. Affiliates can link to any page on LocalBitcoins.com—be it a country listing, payment method page, or the homepage. When a user clicks on your affiliate link, registers an account, and starts trading, you begin earning commissions.
Key Terms and Conditions
- Tracking Period: Any visitor who arrives via your affiliate link and registers is tagged as your affiliate for three months. This means if they trade within that timeframe, you’ll earn commissions.
- Commission Duration: You receive commissions for up to one year after the user’s registration, based on the trading fees that LocalBitcoins.com collects from that user.
- Daily Payouts: Earnings are paid out daily in bitcoins directly to your LocalBitcoins wallet, providing regular and prompt compensation.
- Commission Structure: Commissions are a percentage of the trading fees generated by your referred users—not a flat fee per trade.
Commission Example
To clarify the commission structure, imagine two users you referred—one buyer and one seller—complete a trade worth 100 BTC. The trading fees LocalBitcoins.com charges on this trade are split between the buyer and seller. You earn 20% commission on the fees from each participant, totaling 40% of the trading fees. In this example, this results in a 0.4 BTC commission for you, paid after the trade is finalized.
Compliance and Restrictions
LocalBitcoins.com places strict rules to maintain the integrity of the affiliate program:
- Prohibited Practices: Misleading advertising, spamming (unsolicited messages on forums, Reddit, or mass emails), and covert techniques such as hidden iframes are forbidden.
- Affiliate Link Usage: Only direct links or clearly visible affiliate iframes are allowed.
- Termination Rights: LocalBitcoins reserves the right to disable affiliates who violate terms at any time.
Final Thoughts
The LocalBitcoins.com affiliate program is a rewarding and transparent way to earn bitcoins by promoting a popular Bitcoin marketplace. With daily payouts, long tracking periods, and a lucrative commission model based on actual trading activity, it incentivizes affiliates to attract genuine users. However, strict compliance rules mean affiliates must market ethically and transparently. For crypto advocates looking to monetize their network or audience, this program presents an attractive and reliable opportunity.