It’s a rare opportunity to be able to launch a full-scale business with zero upfront costs, but so long as you have access to the internet it is completely possible. And no, you don’t need to have advanced computer skills or to be highly technically proficient, you just need social media.
Prime XBT launched earlier this month with a huge amount of hype, by offering crypto traders the possibility to margin trade with as much as 100x leverage with the lowest fees. To further boost user engagement, Prime XBT has also launched an affiliate referral program. What’s interesting for all you entrepreneurs out there is that it pays 10x greater rewards than competitor referral programs.
How does it work?
Prime XBT employs a unique strategy, where affiliates not only get paid a percentage of their direct referral’s trading commission, but additionally from their 2nd, 3rd, and 4th-tier referral’s trading commissions….for life!
Level 1 - For direct Referrals - you earn 20% of all trading fees.
Level 2 - Referred by Level 1 - you earn 15% of all trading fees.
Level 3 - Referred by Level 2 - you earn 10% of all trading fees.
Level 4 - Referred by Level 3 - you earn 5% of all trading fees.
You may be wondering, how can you earn 10x greater rewards if PrimeXBT has the lowest fees?
This is made possible by the high leverage offered by Prime XBT, as when leverage is applied to a trade it then increases a traders position size, and the commission fee is based upon the total position. So Prime XBT simultaneously allows traders to access a far greater potential to profit, with the lowest fees in proportion to the position size.
For example, let’s say one of your referred traders funds their account with $1,000 to trade with 1:100 leverage on PrimeXBT, their total position increases to $100,000; therefore the commission fee of just 0.05% to execute the more profitable $100,000 trade is $50. As it is a first level referral, you would keep 20% of this commission, so you’d earn a $10 profit.
However, the same $1,000 trade on a standard 1:1 exchange may take a larger commission fee of 0.25%, to take a total of $2.50. The most you can typically earn is a 40% commission, which sounds good but would only net you about $1.
How to build your Prime XBT Affiliate Business?
- Share your referral link with your friends/following on Facebook and Twitter
- Create a YouTube or Vimeo video review of the platform
- Post a blog, describing the benefits of trading on PrimeXBT
- Participate in trading discussions in relevant forums and Telegram/Facebook groups and promote your referral link
- Use whatever other resources you may have to your advantage.
Selling Prime XBT
The beauty in all of this is, Prime XBT sells itself. The advanced feature-set offered by the platform is in incredibly high demand as one of the only providers to offer as much as 100x leverage and the ability to short sell on all of the top 5 cryptos: BTC, ETH, EOS, LTC, and XRP.
Furthermore, PrimeXBT aggregates liquidity from 12 leading providers to deliver the best possible price with instant order execution, on a first-in-class, highly customizable and user-friendly platform. And, let's not forget the lowest fees in the crypto space.
When pegged against the current leading high leverage platform BitMEX , here's how Prime XBT scored:
In aid of building your affiliate business and effectively promoting the benefits of the leverage trading platform, PrimeXBT provides a marketing kit to help you along your way. This can be located within the affiliate area, on the left-hand side of the interface upon logging in to your account - where you will also find your personal affiliate link.
Where to begin?
Getting started is easy, all you need to do is sign up for your free account with only an email address as verification. Once signed up you can track your referrals trading activity and your profits, which will be paid to you in BTC - to your automatically allocated PrimeXBT Bitcoin wallet, every Monday between 12:00 and 13:00 GMT.
To really monopolize this highly rewarding affiliate program and potentially set yourself up for life, you would do best by getting in early and growing your network before cryptocurrency sees its next big booms in the years to come. Furthermore, obviously encourage your referrals to refer other people also and you could be riding the forthcoming crypto wave all the way to the moon.
For more info...
About the platform: https://PrimeXBT.com/.
About the affiliate program: https://PrimeXBT.com/referral/
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