BlockTrades improves affiliates program: withdraw affiliate rewards into other coins
BlockTrades’ affiliate program allows customers to monetize the referral of customers to our service. Today we've made an enhancement to our Affiliate program that allows affiliates to claim their affiliate rewards into other types of coins.
Affiliate rewards are given based on the types of coins used by the people you refer to our site. For example, if you refer someone who buys Steem with Bitcoin, your affiliate account will be credited with Bitcoin.
Previously, you could only withdraw this Bitcoin balance to a Bitcoin wallet. If you actually wanted to have Steem, you would have to withdraw the Bitcoin to your Bitcoin wallet, then send the Bitcoin back to BlockTrades in order for us to send you Steem. But this process results in two unnecessary Bitcoin transactions that fees have to be paid on: one blockchain transaction fee when we send the BTC to your wallet and another blockchain transaction fee when you send the BTC back to us for a conversion to Steem.
Now you can directly withdraw your affiliate rewards in the form of a different coin, which means eliminating these extra blockchain transaction fees and reducing the number of steps involved. For example, now you can withdraw an accumulated balance of Bitcoin as Steem without paying two expensive Bitcoin transaction fees and without having to access your Bitcoin wallet.
If you want to read more about how to become a BlockTrades affiliate, see this post.
Example withdrawing Steem affiliate rewards as a Steem Power delegation
From the Affiliates balance page, press the "Claim" button beside the Steem balance to go to the Withdraw Affiliate balance page.
Note that when you withdraw to a different coin, we may not have enough of that type of coin available to supply your request (it's unlikely, but it's possible). Therefore note that in the image above that there are two different limits on the amount that can be withdrawn: 1) the user's reward balance (5 Steem) and 2) the Withdrawal limit ( ~80K Steem). The withdrawal limit is a function of the amount of the output coin we hold in our hot wallets. In this case, it's the maximum amount of steem power we can delegate in one transaction.
I am all in, and totally like the idea of being able to withdraw affiliate rewards into other coins and will make a video about it, for now I have done this to support "Awesome Blocktrades"
BlockTrades Digital Currency Exchange / Intro Video
https://steemit.com/steemit/@berniesecretary/blocktrades-digital-currency-exchange-intro-video
The idea of this video intro was to display the names of the digital currency that is exchanged through BlockTrades. (please click and up volume to view video)
Hope you enjoy!
To be candid, if hundreds of of people like you can be posting things like this, blocktrade will be adopted by all. Nice video keep up the good work. I enjoyed it
@blocktrades I have one question, I hope you can answer it for me.
When I created a manual deposit address, it states that I can use this adress as much as I like.
Question: How long is the created manual deposit address usable?
Thx in advance for your reply.
Regards,
xxx
Currently, the answer is "as long as we're in business". Now eventually we may have to stop monitoring addresses that haven't seen a usage in a long period of time (for example, if no transaction has been sent in 6 months). But we haven't had to do that yet.
Thank you Mr. Blocktrades, for your time and reply.
I am happy to hear that the anser is "as long as we're in business" for now.
You must be a good man, @blocktrades
Take a look at last article of liferubix too, below is the snapshot:
Could you included something static information above the widget? I put my affiliate on my blogsite but I doubt if someone uses it without any single information like the name and/or taglines. It helps attract buyers/sellers.
There is an optional flag that can be configured in the widget to advertise that the widget is "Powered by BlockTrades". We'll add documentation about how to set the flag soon in the Tutorial section.
good
I like block trades
#Well, what do I buy steemit dollar, ??
Or where will I give money,
I'm not new to anything
Help me a little.#
@blocktrades very good news thanks for this news .i always want to read these type of article .i will always follow you
Posted using Partiko Android
Nice😄. At least i can put my mind at rest now...
I have as friend on Twitter who wants to come in. The issue he is having is the type of coin he is into... I dont know if @blocktrades trade XRP... Or u are working on it?😉
And why is ripple coin not here?😓 A brief explanation will really help @blocktrades.
Yes it is working, and recently I get money from my coinpot account....so it is a really good way for buy steem and steem power from others wallet....so I like it...LOVE YOU BLOCKTRADES.
Wow
This is great news. Quick trade within the paltform , exactly what we needed .Blocktrades will always be number one 😎😎 Customers will maximum the use of the opportunity to also earn some coin through referral. I look no further because I am opting in for this opportunity!!Time to start building upOne of the good exchanger .Great initiative! Your stakeholders including investors and potential auditors will be happy with the transparency in your records since it will be blockchain based. This demonstrates are great use case for blockchain based accounting applications for many other industries as well. Thanks for the information; I would love to know how this progresses as it is definitely an area of interest for me.@blocktrades. It's easy and efficient and most of all it is partnered with my beloved blockchain #Steem. So far I have no bad experience using this exchanger Great works @blocktrades.
hello, how can i contact blocktrades? because the user @antonioprado is an impostor of identity who already stole 100 steems from a U.S. state using a Venezuelan foundation name under the account @donacionesacv. Several exchange houses in our country and projects are investigating the case as there are several accounts in a network of theft and fraud.
And they're currently using your exchange to move the rest of the stolen money.