Why exchanges pay creators for traders
An exchange does not need views. It needs people who register, verify, deposit and keep trading. Our look at KOLs that bring trading volume explains why a few referred accounts usually produce most of it.
- Referral codes are set at sign-up. On Binance, for example, the code has to be entered when the account is created, and the referral relationship cannot be changed afterwards. A user who signs up without it is lost to attribution for good, so every post leads with the code.
- KYC is where creator traffic leaks. A viral post can bring sign-ups who stop at identity checks. We brief creators to show the verification steps on screen and judge them on verified users, not registrations.
- Rules change by market. UK promotions usually need an authorised or registered firm to make or approve them, must carry the FCA risk warning and cannot offer refer-a-friend bonuses. Under MiCA, exchange marketing must be identifiable and must not mislead about a crypto-asset's advantages.
- DEXs count different events. Most decentralised exchanges have no KYC step, so the chain is wallet connection, first swap and repeat swaps, tracked through tagged links on your front end.
Each exchange campaign is a scoped version of our crypto KOL marketing service, cast for traders rather than general crypto followers.
Exchange KOL formats compared: what each one moves
Each format pushes users through a different part of the exchange funnel. We choose from this table based on where your users drop off today.
| Format | Funnel stage it moves | What to measure | Watch for |
|---|---|---|---|
| YouTube platform walkthrough | Registration and KYC | Verified accounts per creator code | Live balances or profit screenshots on screen |
| X trade breakdown or thread | First deposit and first trade | Funded accounts that trade within 7 days | Price calls presented as education |
| Telegram channel post | Trades on a new listing or pair | First trades per tagged link | Bonus hunters who trade once and leave |
| Trading competition push | Volume in a fixed window | Volume and fees per account, with concentration checks | A few accounts churning one pair for the prize |
Once a cohort proves itself, flat fees can move toward pay per funded account. Our guide to performance-based KOL deals covers those structures and the fraud checks behind them.
Our crypto exchange campaign process
Every brief starts with your licences, accepted countries and referral terms, because they decide which creators we can book at all.
- Market and rule check. We map where you can onboard users, which promotion rules apply and which incentives are allowed. MiCA's transitional period for existing providers ended on 1 July 2026, so we confirm your EU status before booking EU creators.
- Trader casting. We look for creators whose followers trade: funding-rate threads, position breakdowns, fee comparisons and replies about leverage. Audience location is checked against your accepted countries.
- Codes and terms. Each creator gets a unique referral code or sub-affiliate ID, a posting window, disclosure wording and make-goods, agreed in writing before the first post.
- Staggered release. Walkthroughs go first so the code has something to explain it. Trade breakdowns and Telegram posts follow once the sign-up path works.
- Cohort review. We follow each creator's users through KYC, first deposit and 30 days of trading, then rebook, renegotiate or drop.
Talk to us
Pick a 30-minute slot, or DM us on Telegram.
Want every KOL measured against your back office? Book a call and bring the fields your referral dashboard exports.
Campaigns from $2,000, with 10% off your first. We reply within one working day.
What you get
- A market map Countries you can onboard from, the promotion rules there and the incentives each one allows.
- A trader KOL shortlist Named creators with audience location, trading content history, past exchange sponsors and a role note.
- Creator codes and links One referral code or sub-affiliate ID per creator, mapped to your dashboard fields.
- Market-ready scripts Approved facts, required risk wording per market, disclosure placement and banned claims such as returns or price targets.
- Clips and short video Walkthrough segments cut for Shorts and Reels under agreed usage rights.
- Cohort reporting Registrations, KYC passes, first deposits, active traders, volume and fees per creator.
Reports follow the funnel in order: registration, KYC pass, first deposit, first trade, then 30-day volume and fee revenue. Tags follow our creator campaign UTM template, so web and app sign-ups land in one table.
Volume sits beside fees and account concentration, so one account churning a pair cannot make a creator look strong. Token price is never reported as a result.
Why 3betmedia
The team behind 3betmedia has run creator programmes for Binance, MEXC and Gate.io. We know how referral dashboards, sub-affiliate IDs and trading competitions behave once creators start posting.
Scope stays on creators: KOLs, clips, UGC and short video, not ads, community management or market making. UK campaigns run through our UK crypto influencer marketing process, and nothing is booked until you approve every creator and budget line.
Results from campaigns our team has run
Crypto exchange · KOLs on X, YouTube and TikTok
Binance
4,245 new users and more than $510M in trading volume, double the target
Read the Binance caseCrypto exchange · KOLs on X and YouTube
MEXC
8,522 new users and more than $300M in trading volume
Read the MEXC caseCrypto exchange · social, community and influencers
Gate.io
$153M average monthly volume against a $100M target
Read the Gate.io case
3betmedia launched in 2026; most of these campaigns ran before the name existed. See all 19 cases.
Frequently asked questions
What does a crypto exchange marketing agency do?
It runs campaigns that bring an exchange new users who trade. At 3betmedia that means creator work: we check your markets and rules, cast trading KOLs and YouTube creators, assign referral codes, write scripts per market, release posts in sequence and report each creator by verified users, deposits and volume.
Which metrics should an exchange track from KOLs?
Five, in order: registrations with the creator's code, KYC passes, first deposits, first trades, then 30-day volume and fees. Registrations alone flatter creators with broad audiences. For a DEX, replace KYC and deposits with wallet connections, first swaps and repeat swaps from tagged links.
Can exchanges offer referral bonuses through KOLs?
It depends on the market. Under FCA rules in force since 8 October 2023, UK crypto promotions cannot offer refer-a-friend or new joiner bonuses, must carry a risk warning, and first-time investors responding to a direct offer get a 24-hour cooling-off period. Elsewhere, programmes such as Binance Referral Pro let a referrer pass part of their commission back to the new user as a rebate. We confirm the rules for each market before a code goes live.
How much does an exchange KOL campaign cost?
Campaigns start at $2,000, and the first gets 10% off. The total depends on creator tier, formats, the number of markets and whether deals add a bonus per funded account. Our crypto KOL marketing cost guide breaks down the budget layers.
Do exchange KOLs have to disclose paid posts?
Yes. The FTC expects a paid relationship to be clear in the post itself, not only in a bio. MiCA requires a crypto-asset service provider's marketing to be identifiable as marketing, and UK promotions carry the FCA risk warning. We write disclosure into every contract and check it on the live post.
Related services and guides
Related reading
Sources
- FCA: tough new rules for marketing cryptoassets from 8 October 2023
- Dechert: FCA final rules for cryptoasset promotions (PS23/6), incentives ban and cooling-off period
- ESMA: MiCA Article 66, CASP information and marketing communications
- ESMA: MiCA Article 143, transitional period for CASPs ending 1 July 2026
- Binance: Referral Pro mode, codes, commission sharing and permanence
- FTC: Disclosures 101 for social media influencers
