What percentage of your affiliate earnings do you currently receive in bitcoins?

[MichaelCorfman]

Over time it has become more common for affiliates to receive some of their commissions in the form of bitcoin. For this poll, take a look at your earnings for the month of November, and what percentage of your November earnings you will receive in bitcoin.

Besides voting in the poll, be sure to share your philosophy around being paid in bitcoin. Do you do it only when absolutely necessary? Or do you prefer it as a payment method. And when you are paid in bitcoin, how quickly do you exchange it for fiat currency?

Speaking for myself, I generally prefer being paid in pounds sterling and euros, since those usually have the lowest transaction fees for me. But I generally prefer bitcoin payments over wire transfers or other payment methods that can have significant fees or withdrawal limits. I don't view I am in the business of investing in bitcoins, and don't feel I can project how their value will change, so I don't hold them over the long term (although in hindsight, it would have been a windfall to have held onto the bitcoin payments I received a year ago). Typically I cash out the bitcoins I have received about once a month.

Michael

[Cash Bonus]

Hello Michael,

I receive about 80% of my Affiliate Earnings through Bitcoin. I don't exchange it for fiat currency at all. I simply keep watching to see if and when Bitcoin is high enough to sell and withdraw into my web wallets. This is a very big way of profit.

The other day, 1 Bitcoin was worth nearly $20,000 USD. It has never been that high before, and it is expected to rise a lot more in the very near future and it will keep on rising.

[Sherlock]

It is hard to vote, because the Michael's polls have too tight options.
It is 10-20%.

I do not have options at sportsbooks. Either they pay BTC only or they do not pay with BTC at all. The only exception is intertops, where I cashed out via various methods incl bitcoin.

But if I had to choose I take the best method. Given the uncertainty of btc exchange rate and how the merchants count it, I prefer bank wires. But it depends on other factors. Bitcoin payouts can be pretty annoying or straightforward. I love cloudbet payouts, where I just put the address in, click, and I have my money.
But other merchants make the process too difficult and it would be nice to adjust it to something that takes 5 seconds and does not have to be prepared like one month ago.

I think bitcoin payouts should have some small bonus, because they save a lot of costs. If I had always deducted some banking fees, it should be fair to give it back. But those problems happen because the bookies do not operate the wallet by themselves and they outsource it to processors.

So far I never exchanged bitcoins to fiat in net terms. It means whenever I exchanged it to fiat as remittance, bought something online, bought altcoins or paid someone in btc, I just rebought more. Because until now bitcoin was clearly undervalued by far.

[WagerX]

I'm at 10% now. It's harder and harder to get wire transfers in my location. I'd prefer to have about 50%, and the rest in wire transfers. At least at the moment.

It would be nice to have more, but I'd certainly not want 100% to be btc. I think it would be hard to have my entire income exchanged from btc.

[hcgroup]

Hi Guys,

I am converting my Bitcoin payments in the short term like 1-2 weeks due to my financial conditions.

If I have had the chance, I prefer to keep them at least for a few months before converting them to cash.

What I strongly believe is that one day all of the affiliate programs will have their own cryptocoins rather than Bitcoins or any other famous altcoin.

Cryptocoin is the future of the world currency due to its decentralised structure. There are many country restrictions on deposits and withdrawals via traditional methods. But cryptocoins cannot be banned or tracked.

So, I strongly think that we will see exclusive casinocoins and bettingcoins which will be used in affiliate sector in the near future.

Cheers!

[webber286]

100%, but that is all coming from sportsbook programs.

[agsgroup]

2 programs only at the moment, so less than 5%. But I am glad one program pretty much made me (forced me!) accept them as initially I wasn't keen. I can only think that this percentage will increase in 2018 too so I am trying to keep up with the jargon as much as possible. I'm far from an expert on this subject.

[hcgroup]

You are in the right way adapt yourself to cryptomoney. All of the gambling and affiliation business will use it for its speed and privacy.

Cheers!

2 programs only at the moment, so less than 5%. But I am glad one program pretty much made me (forced me!) accept them as initially I wasn't keen. I can only think that this percentage will increase in 2018 too so I am trying to keep up with the jargon as much as possible. I'm far from an expert on this subject.

[casinodonkies.com]

I prefer real money