Company Updates

CoinGate Referral Program: Earn by Promoting Crypto Payments

Last updated: May 31, 2024 5 min read

Vilius Barbaravičius

In this detailed review, we’ll take an in-depth look at how the CoinGate Referral Program works, the benefits it offers, tips for maximizing earnings, potential drawbacks to consider, and whether it’s ultimately worth joining.

About CoinGate

CoinGate is a leading cryptocurrency payment processor. Our platform allows businesses to accept numerous cryptocurrencies over multiple networks as payment, including BTC, USDT, ETH, LTC. 

We offer a seamless and secure payment experience through the integration via major e-commerce platforms, API, payment buttons, and other methods.

Overview of the CoinGate Referral Program

The CoinGate Referral Program allows influencers, bloggers, website owners and other businesses to earn commissions by promoting CoinGate services.

As a referrer, you earn one fifth of our 1% service fee (or 20% commission) from businesses you refer to our platform, which is almost double the market standard, and the referred business enjoys a 10% discount on payment processing for the first three months.

To join the CoinGate Referral Program, create an account on our platform. Navigate to your dashboard, go to account settings, then referral, and create a referral link. 

You’ll immediately be able to create unique referral links to share on your website, blog, or social media channels. 

Commissions and Payment Details

CoinGate offers referrers a 20% commission on service fees for each and every referred merchant. 

For example, if a referred business processes $1,000 in transactions with an average fee of 1%, you’ll earn 20% of the $10 fee, which is $2. While this may seem modest, it can add up quickly with consistent referrals.

Generally, the minimum payout requirement is 50 EUR worth of currency. Commissions are paid out in various cryptocurrencies listed on our site’s withdrawal section or via SEPA/EUR withdrawals. Payout options may need to be approved by compliance. Commissions are valid for an unlimited time, as long as the referred business remains active.

CoinGate Referral Program: Pros and Cons

ProsCons
Lucrative commission rate (20%)Payments only once a month
Minimum payout requirement is lowNo dashboard for in-depth data tracking
Payouts in Euros (SEPA), Bitcoin and other cryptocurrenciesDepends on success of the invited business
High-quality promotional materials 
Unlimited commission validity 
Custom link creation 
10% discount for referred businesses 

The CoinGate Referral Program offers several compelling advantages. Firstly, it provides a high commission rate of 20%, which is competitive within and outside the crypto payment industry. 

The program also features low minimum payout requirements and commissions paid in both Euros and crypto (including Bitcoin), making it an attractive option for crypto enthusiasts. 

Additionally, commissions are valid indefinitely, as long as the referred business stays active.

On the flip side, instead of tracking dashboard, reports on referral activity and payouts are sent monthly, which might be a limitation for some referrers.

How to Join CoinGate Referral Program: Step-by-step Guide

Learn how to join the CoinGate Referral Program with these simple steps:

Step 1: Create an account

Sign up for the CoinGate account.

Step 2 (optional): Verify your account

Pass a quick KYC checkup if you expect large payouts.

Navigate to the Account Settings -> Referrals menu section and click the “+ New Referral” button, or click here. You can give your referral link a title and unique ID that will be visible in your referral URL.

You can also edit your referral title or enable/disable any referral link at any time.

Step 4: Start promoting!

You’re all set! Share your referral links on your website, blog, or social media to start earning commissions in no time.

Maximizing Your Earnings with the CoinGate Referral Program

Here are some tips to maximize earnings as a CoinGate referrer:

  • Target crypto-enthusiast audiences: Share CoinGate with websites and social media groups focused on cryptocurrency.
  • Promote new features and integrations: Highlight CoinGate’s latest features and partnerships to attract new users. You can find all the latest updates in the company section of our blog.
  • Create informative content: Write blog posts or create videos explaining the benefits of using CoinGate for crypto payments.
  • Use multiple channels: Promote CoinGate across your blog, email newsletters, social media, and forums to reach a broader audience.

Is the CoinGate Referral Program Worth It?

Determining if the CoinGate Referral Program is worthwhile depends on your audience and ability to drive conversions. With a high 20% commission rate it can be a lucrative option for those with a crypto-focused audience. 

Set realistic goals and track your progress. Each month, you will receive revenue reports via email, allowing you to track the growth and activity of your referrals and your income. Aim for a steady increase in referrals over time. 

With dedication, the CoinGate Referral Program can become a valuable source of crypto income.

FAQs

What is the CoinGate referral program?

The CoinGate Referral Program allows referrers to earn a 20% commission by promoting CoinGate’s cryptocurrency payment solutions.

Who should join the CoinGate referral program?

Anyone with an audience interested in cryptocurrencies and looking to earn commissions by promoting crypto payment solutions should join the CoinGate Referral Program.

Is there a fee to join the CoinGate referral program?

No, there is no fee to join the CoinGate Referral Program.

Are there any minimum requirements to become a CoinGate referrer?

There are no minimum requirements to become a CoinGate referrer. However, if you generate a considerable amount of referral commissions, verification may be requested.

Can the CoinGate program be combined with other referral programs?

Yes, the CoinGate program can be combined with other referral programs.

What information should I give to a business that I’m referring to CoinGate?

Every business that is interested in crypto payment processing wants to know the pricing of the services, supported countries, supported currencies, payment integration methods, and, most importantly, requirements for verification. More information about CoinGate services can be found throughout our official blog.

Written by:

Vilius Barbaravičius

Vilius is a seasoned copywriter and bitcoin enthusiast specializing in blockchain and cryptocurrency topics. He's been with CoinGate since 2018, writing blogs, social media content, sales materials, newsletters, FAQs, and more. He's relentless in pursuing knowledge and a better understanding of the crypto industry, which helps him create meaningful and engaging content every day.