9 Ways To Monetize Your Cryptocurrency Blog
Cryptocurrency is a trendy subject that's generating a lot of interest out there. If you've been thinking about starting a blog around it, now is the best time to do it! You can check out my previous post on how to start a crypto blog in 2022. Once you have your blog set up, you'll want to start making money from it. In this article, I'll discuss some of the best ways to generate revenue for your cryptocurrency blog—without having to spend money on ads.
Start With A Free Blog
If you're just starting out, the easiest way to monetize your cryptocurrency blog is to start with a free blog. A free blog will allow you to learn about blogging, content marketing strategies, and paid advertising before making any financial commitment. Once you have figured out what works best for your niche and audience, then it's time to consider upgrading from a free service to a paid one with your own domain name and hosting.
Start Writing - Set Up Your Theme
While the technology behind cryptocurrencies is quite new, you can still learn a lot about how to use cryptocurrencies by reading other blog posts and watching videos on Youtube. You're not going to be able to read or write every single blog on the internet about cryptocurrencies, but you can start with some of the best ones out there. There are different types of themes you can follow or mix them up to create your unique blogging style:
- Personal
- Business/Corporate
- Personal Brand/Professional
- Lifestyle
- News
- Educational
- Review
Choose one and get writing!
Ways To Monetize Your Cryptocurrency Blog
1. Affiliate Marketing
One of the most popular ways to monetize a blog is through affiliate marketing. This involves partnering with other businesses or individuals to promote their products or services in exchange for a commission on any sales that are generated. There are a number of different affiliate programs available, and it’s important to choose those that align with your blog’s niche and audience. Crypto Exchanges like Binance have great affiliate programs under which you can earn from the trading fees generated via trades done by the person who used your referral link to join the platform. You can simply write blogs about various services and products and link their affiliate link and monetize your blog
2. Email List
One of the best ways to make money is by growing an email list. It’s also one of the best ways you can stay in touch with your readers and get feedback from them. Email lists are so important because they let you sell products, offer services, and promote affiliate programs directly to your audience without relying on social media or guest posting (except for lead generation). When someone joins your email list, they are giving you their email address — which is something that many people are very protective about giving out online — so it means they trust you enough to take action based on what you share with them via email.
3. Digital Products
Digital products are everywhere. They’re the products that have a digital component, like an app, course, ebook, printables, templates, mockups, or a membership. You may have even purchased one for yourself or tried a free one. You can create them one time for the cryptocurrency niche and sell them over and over again through the traffic on your blog. It's better to host them on your website or use a third party platform like Etsy or Gumroad.
4. Web3 Blogging Platforms
On web2 platforms, you need to find different ways to earn crypto. But do you know you can earn cryptocurrency for publishing blogs from day one? That's the power of web3 platforms powered by crypto and blockchain technology. They are generally tokenized, censorship-resistant and you own your data. There are some exceptions also which combine both web2 and web3 elements. Check out some of the famous web3 social media platforms:
- LeoFinance on Hive
- Overclout on Deso
- Publish0x is a blockchain agnostic platform
- ReadCash on Bitcoin Cash
- Mirror.xyz on Ethereum
5. Advertise On Your Blog
Google runs an AdSense through which you can show PPC (Pay Per Click) ads on your blog. There are ad networks that also pay you in cryptocurrency like Bitcoin, Ethereum, and others for each click or a set of impressions. But before you apply any of these programs, you need to satisfy the eligibility criteria which can be different for each ad network. Also, there are good chances that you can only use only one network to show ads. It's one of the most common ways to earn money from blogging.
6. Paid Sponsorships
You can also get paid for promoting a product or simply do a brand outreach marketing campaign for awareness. Depending upon the traffic and your follower count, you can charge hundreds and even thousands of dollars for doing just one blog. Brands are actively looking to work with micro influencers and nano influencers so everyone has a good chance here. Once your traffic and follower count grows, you can bump up your fees. Cryptocurrency products and services are constantly looking for such creators who can plug in their products or brand image within their blogs. So there is a real chance to make money via this method.
7. Freelance Writing
Freelance writers with a traffic-generating blog are favored a lot from for writing gigs than usual writers. There are so many crypto projects launching their websites, services, and products. They need a ton of digital content to engage their audience and keep getting traffic via search engines (SEO). As a crypto blogger, you can use your blog as a writing portfolio and get hired for paid gigs. You can either write a single blog or do a long-term deal with a client having a continuous stream of work.
8. Donations
If you have been providing free content that is valuable and problem solving for your readers, then you can even ask for donations. Many influencers use Buy me a coffee, Patreon or other crowdfunding platforms to generate money. You can set tiers and on their basis, you can charge differently in exchange for perks or extra content for those who subscribe to those tiers.
9. Sell The Blog
This is the ultimate way to make a big chunk in one go. If you have made your blog popular enough but don't have enough interest to continue publishing, then you can always sell it online. People would pay top dollar to buy websites and blogs that generate continous traffic in a particular niche they are interested in.
Hopefully, this has given you a good overview of how to monetize your blog. It takes time, but with consistent effort over time, you can grow a following and build your audience. I recommend starting out by writing at least one post per day for two months. After that, the content will start coming to you faster so that you can focus on other aspects of running your business such as marketing or finding advertisers. If you have any questions or suggestions to make, comment below!
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Killing it again and again, sweet. Posts like this are SEO friendly. Hopefully it gets the traction it deserves. Although I don't know about donation.
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Haha. Thanks a lot mate!!
That's why I am doing them. Let's see if we can pick some traffic from search engines.
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Keep them coming you're totally hitting it these days without those sweet contents.
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Here's one other way. Issue a social token and offer exclusive content to social token holders. They pay a nominal fee for tokens and you can gate your content offering exclusive access to certain kinds of content based on how many tokens a person holds in their wallet.
That's a cool thing to do as well. We can easily do it using Layer2 on Hive. Make your own token. Do you know that on DeSo, each creator has their own coin? They can set a percentage of rewards they can earn everytime someone buys their token.
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I've been meaning to sign up for DeSo. I think I'll do that soon.
BTW, there's another way to monetize your blog too. Coil allows you to insert code on any website that tracks the time people spend on your site, and you can earn based on how much time people spending reading your content.
Never heard of DeSo
I will check it out.
I wonder if you have tried inserting that code here on a LEO post to see if it works here?
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I have not. The only way it would work is to insert the code into every blog post, so you'd be able to monetize each individual blog post. But I haven't tried it.
Oh I see. Do you think that would be hard to do?
Does it depend on your browser whether or not you can insert webpage code?
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No. Hive allows you to create your posts in markdown. You can insert html code, if you wish.
Hi @allentaylor
Good idea!
@shortsegments
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Thanks!
Your welcome.
:)
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awesome, thank you
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You are most welcome. Cheers! 🔥
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You could also give out NFTs to your reader because of their support. If they sell the NFT, you can earn a creator fee.
This:
...is a cool idea.
I will put it on my list of things to do...
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I've done this for a retired football player in my city. We're giving out NFTs for participants of his charity golf tournament. Here's the link if you want to see it. If you ever want to do it, I can help.
https://opensea.io/collection/jonathan-ogden-golf-tournament-2022https://opensea.io/collection/jonathan-ogden-golf-tournament-2022
Okay,
Thanks for the info
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NFTs provide an extra income stream for the creators. I love them. 🔥
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Yes, you're right. It's a very long stream time-wise. I don't think a lot of people have wrapped their heads around this fact yet.
Hello @finguru, thanks for the amazing outline here but I have a question....
Since you mentioned other web3 platforms one can blog on. Does Hive allow sharing contents we have published here, elsewhere?
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Hi @iskafan
Great question, I look forward to the answer also!
@shortsegments
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Yes. It's your content. As long as you have created it, it's up to you where you want to post it. :)) You can post the same blog on multiple platforms.
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You are the guru of blogging ideas bro. I like no. 4 to be the best at the moment. :D
All the best
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Haha. Thanks mate. I am still learning. Blogging has been a life-changing experience. Will never stop doing it.
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P.s. Sign up to this site and this is all you ll ever need!
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100%. The only account you need for the rest of your life.
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Thank you once again for these valuable tips and info. Gotta check out those other options you've mentioned :)
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You are welcome ifg. :)) Go make some money blogging. xD
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Yes, trying my best hehe. Cheers :)
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As an email marketer, this one caught my eye.
Nobody seems to be talking about the synergy that exists between an email list and Web3 account.
Email is like the original Web3 haha.
Both allow you to own your following in a way that Web2 social media accounts do not.
Thus providing your business with the security of always being able to put an offer in front of your audience and eliminating the risk of being censored if your account is banned.
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Hi @forexbrokr
This is a great insight;
And a great reminder...
I have peeked around the edges of a email program tied to comments, that someone runs here on Hive, the name escapes me right now...
but you have probably seen it, as it would catch your eye in particular, it is geared towards newcomers and getting them some attention.
We of course have a different solution on Leofinance called engagement.
But I see all these things as tools to achieve a goal: building a healthy network.
So...note to self, read this @forex article:
@shortsegments
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That's a great point Dane. Can't rely on centralized platforms which can take away your content whenever the fuck they want to. Build a following and get their email addresses. Get them to subscribe to your newsletter.
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Some great tips. Thanks for sharing.
Agree.
I like your name, it's catchy and suggests a theme for your blog, path to retirement at 40?
I will check out your blog @mypathtofire
@shortsegments
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Thanks, yes it is a blog themed on the FIRE movement. i am blogging may path to FIRE with crypto. 🙂
Cool
I will check out your blog!
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Thanks for dropping by. 🙂 !BEER
Your welcome.
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Your welcome.
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View or trade
BEER
.Hey @shortsegments, here is a little bit of
BEER
from @mypathtofire for you. Enjoy it!Do you want to win SOME BEER together with your friends and draw the
BEERKING
.Cool!
Thanks @beerlover
Thanks @mypathtofire
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You are most welcome mate. Cheers!
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I’m learning things again today, nice post waiting to see more of this.
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Thanks mate. Keep learning!!! Keep killing.
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Read how this all have started with Toruk
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Hi @onealfa.leo
Your everywhere!
Thanks for always upvoting great content and giving it that huge boost in votes, recognition, visibility and for making the author feel like they won a contest!
@shortsegments
Lion Pride!
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Thank you so much @onealfa. Can't tell you how much I like your BOOMs. xD Your support is highly appreciated. Btw, are you back from your vacation?
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yes, I'm back
But what great recommendations, no doubt that can help not only to establish a theme, but also to grow an existing blog :D
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Hi @fabian
I was thinking this exact same thought.
Its very helpful information to grow your blog anywhere
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Thanks a ton mate. 🚀🚀
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Hopefully posts like these may help with grabbing some attention from the outside :)
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Hi @howzat
I agree, it's both inward and outward facing.
@finguru worded this post so the title grabs the attention of people off the Hive platform as well, and notice the short phrase title, that is suppose to help with SEO ranking on search engines, thus brings more outside traffic to Leofinance!
Very Smooth!
@shortsegments
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I hope so too. Thanks a lot mate :))
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All solid ways to build revenue. It's wild but your information online is a huge money opportunity if you know how and where to use it. LeoFinance provides a excellent platform for anyone to get started.
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Monetization!
@shortsegments
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That's right @bitcoinflood. Imho, content creation is the best way to make money in crypto. You can try it out on LeoFinance for free and make some money sharpening your skills.
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hey friend I found your publication very interesting
I am writing a book about this brother
I'll pass you some information about what I've been researching.
among others
can we talk on discord?
I sent you a message to the dm
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Thanks for sharing this wonderful list mate. I messaged you on discord. Let's chat! Waiting eagerly for your reply.
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Hi @finguru
I think this is a great article for many reasons:
Leo Lion Pride
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It is always good to see articles like this on Leofinance.
We need to people learn the potential of cryptocurrency and how it can impact their incomes.
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