Affiliates have been around long before Bitcoin was even heard of — the ability to gain a residual profit on sending website traffic from a blog, YouTube channel, or even simply sharing a link with friends.

The company then rewarded the so-called affiliate with a cut of the profit. Even popular TV providers occasionally allow the average joe to be an affiliate, “invite your friends to xyz cable provider and you get $100 and they get a $100!” Sound familiar?

However, with the rise of Bitcoins, and PayPal charging high fees for payments overseas, there has never been a better time to pay out affiliates via Bitcoin.

1. User Anonymity

Imagine you’re an affiliate and for this scenario you’re a very good one, as you bask over your residual for the week you’re payed out very publicly, where other affiliates can see who is on top. From that information, they then go to your website and write oddly similar articles and attach their affiliate link. By this time next week, you went from being #1 affiliate to #20.

Don’t you think there is a better way to do this? Surely someone who works very hard at providing good content for their viewers doesn’t deserve to have their articles copied. And thankfully, that’s where Bitcoin comes in. Instead of the affiliate being paid out publicly, they’re paid out to an any blockchain address.

2. Low Transaction Fees

This time, you’re again a very successful affiliate, but you’re an affiliate for a company that is from another country. You provide the best content for your readers and end up receiving a very remarkable amount of money. Sounds almost too good to be true doesn’t it? That’s because it is.

While you did rank as the top monthly affiliate, foreign taxes and bank wire fees eat up a majority of your profit. Thankfully, (once again) Bitcoin manages to save the day. Given that there is no government involved with the currency there are no hidden fees or exchange costs.

3. ‘Employer’ Attracts More Talent

Due to the user anonymity and the low fees from making a payment to a foreign country, this allows for the company to attract a greater net of affiliates and thus increase their own profit.

Now that the best affiliates aren’t scared of their award worthy blog posts being stolen — the ones that attract the most customers. And those living in foreign countries don’t feel bogged down with exchange rates, it allows more affiliates to produce content that were otherwise being held back from the outstanding exchange rates.

4. It works

Affiliate marketing is expected to grow to 6.8 billion in the next 5 years. With marketing teams devoting 10% of their budget to affiliate marketing each year, the numbers don’t lie. Affiliate marketing is a very attractive way to increase profit.

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We already know affiliate marketing is big, Bitcoin just makes it bigger and opens doors that were inaccessible before.