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Coinbase

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548 Market Street Suite, 23008 San Francisco, CA 94104 United States
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Description

Coinbase is a secure online platform for buying, selling, transferring, and storing digital currency. Our mission is to create an open financial system for the world and to be the leading global brand for helping people convert digital currency into and out of their local currency
Affiliate program type

Exchange

Company Name

Coinbase, Inc

Date founded

May 31, 2012

Founder Name

Mr. Brian Armstrong

Mobile version

Yes

Name

Coinbase

Referral reports

Yes

Secured By SSL

Yes

Type

Exchanges and Trading

Address

548 Market Street Suite, 23008 San Francisco, CA 94104 United States

Commission When A Customer Spends $100

$10 USD (paid in BTC)

Commission duration

Once per customer

Commission per sale

When a referral buys or sells at least $100 worth of BTC, Coinbase pays both you and the customer $10 worth of BTC

Minimum withdrawal

No minimum

Payout frequency

By request

Supported crypto currencies

Bitcoin, Ethereum, Litecoin

Trading Method

peer-to-peer Bitcoin exchange

Contact phone

800-343-5845

Contact email
Withdrawal methods

Bank wire, Paypal

Automatic payouts

Yes

Overview

Coinbase was founded in YR2012 by Brian Armstrong and Fred Ehrsam. Also, it has started out only as a broker, where they sell Bitcoin directly to customers. However, in mid-YR2016 in May, they started operating GDAX (Global Digital Asset Exchange). The Company is the world largest Bitcoin Broker/ Exchange that located in San Francisco, California, U.S.

Compared to other Bitcoin exchanges were having the current average market rate of 1.5% fees, Coinbase facilitates a low rate of fees where it only charged a 0.25% for the takers (trading of both Bitcoin, Ethereum & Litecoin on its exchange platform). In other hands, the company offered a generous affiliate program where the affiliates and the customers are eligible for having this great opportunity of earning Bitcoin from the referrals commission fees. When referrals purchase or sell at least $100 worth of BTC, Coinbase will pay both the affiliates and the customers for $10 in BTC. Also, the commissions are earned once per customer only and the payout will frequently be accumulated in your Local Bitcoin Account with no minimum earnings every day.

 

What is the advantage of obtaining an affiliate system with this Cryptocurrency firm?

This crypto-affiliate-program has a different rewarding method, because, In this case, both parties will be happy with this particular program. E.g. A visitor signs up for an account through an affiliate user’s unique link and verified as a new referred user’s account. One the referred user places an order (buy or sell digital currencies), and spend at least $100 USD in BTC, both referring user and referred user will be eligible of receiving the reward worth $10 in BTC. Also, if you’re interested to be part of this affiliate program – an application is not needed, your verified Coinbase account is enough to be qualified to start referring this crypto-exchange platform to your friends and get the chance of earning an extra income.

However, there are some certain rules which are necessary to fulfill in order to get your reward. Here are the conditions, a minimum spends of $100 USD in BTC, a referral ID will expire after 90 days if a visitor will not create a Coinbase account after visiting the link, and another 180 days allocated time to places and complete orders (buy or sell).

 

How to be an affiliate?

By now I’m sure that most people are aware of the exiting of Bitcoin and how to make money from an affiliate program in particular. If you’re interested to be part on the action and make additional income just by promoting cryptocurrency, you’re lucky to bump in on this certain crypto-affiliate program. Coinbase affiliate program is a hassle-free registration, in fact, you don’t need to apply or go through loops of an application form to become part of this lucrative program. All you need is a verified Coinbase-account to start inviting friends into the platform.

 

How does the affiliate program work?

This crypto-affiliate-program work almost the same from any other affiliate program out there. But, in this case, there are some technicalities, the affiliate-user will ONLY receive the reward of $10 in BTC each of the successful referred user – If the new referred user spend at least $100 USD. Also, the unique affiliate link has the capability of tracking essential information needed for marketing stats, for this reason, after visiting a particular affiliate link, the visitor (new user) will need to create an account within 90 days and another 180 days to places an orders (buy or sell digital currencies) to be eligible for the bonus. The good thing is, both parties will get a bonus worth $10, this means that the referring-user and referred-user are eligible to receive the perk.

However, the bonuses only apply to normal Coinbase-accounts, GDAX orders are not counted towards the trade threshold.

 

Storage

Unlike others crypto-currency exchanges and trading that uses an associated crypto-currency storage or wallets. Coinbase is also crypto-currency storage that has their own three different types of wallets: Coinbase Bitcoin Wallet, Coinbase Vault, and Multisig Vault.

  1. Coinbase Bitcoin Wallet: The Company has the full control of your Bitcoin and entrusts Coinbase to keep and secured your coins.
  2. Coinbase Vault: A unique solution of securing a larger amount of Bitcoin that is protected by multiple approvers.
  3. Multisig Vault: A complete control of their funds. Where Coinbase has one key, one key is shared, and the account holder holds the third key.
Pros & Cons
  • Reward of $10 in BTC: Both parties are eligible to receive the perks
  • Regularly accumulated on your personal Local Bitcoin Account
  • A reward count is unlimited
  • Revocable program’s terms and conditions at any time
  • Several negative feedbacks has been reported
  • Funds can be delayed up to 72 hours
  • Expiration date: Referral code will be expired after 180 days after Account Creation
  • Affiliate Rewards Abuse: perks of $10 in BTC was recently reported that Coinbase fails to settle payments on this deal without warning
  • Minimum earnings of $100 USD in BTC
  • Poor Customer Support
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1 Comment

  1. User avatar

    Irving (40) 11 months ago

    Poor customer service can be an issue for everyone who will use their platform. They should be able to improve that given that the company closely monitor their consumers activity. I will also be about their referral system. On the other side, my bitcoin will get doubled If I will work o their referral system.

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