The crypto industry is living through a real renaissance nowadays. This also manifests itself in the growing number of crypto use cases. Online influencers are actively participating in the crypto movement and come up with new ways of accepting cryptocurrency on social media. We have compiled a list of the most popular ways you can get crypto on social media while using the tools offered by NOWPayments.
How to accept crypto on Twitter
Twitter is, perhaps, a social media platform with the greatest concentration of crypto influencers. Therefore, Twitter is a great place to read the latest news, insights, and rumors about your favorite cryptocurrencies. Yet, if you want to not only read or write about crypto but also accept it, then you can use NOWPayments’ crypto donations link, which you can share with your Twitter audience.
How to accept crypto on Facebook
Although Facebook is no longer a trendy platform for youngsters, it still plays a major role in the promotion of crypto on social media. Many Facebook crypto influencers want to offer their subscribers an option of supporting their favorite bloggers. NOWPayments’ link is a universal tool that is compatible not only with Twitter but also Facebook, Instagram, YouTube, TikTok, and many other platforms.
Ways to accept cryptocurrency on social media
Get crypto donations
The easiest way to get crypto on social media is to ask your audience for donations. After all, there are thousands of people who wish to support content-creators. Thus, you can start accepting crypto on social media by providing your followers with your crypto address. You can also utilize NOWPayments’ crypto donations link, which is ideal if you have several crypto addresses on different blockchains. By following the link, your audience members will be able to choose their preferred coin and will donate using it. The link saves space on your social media page, looks neat, and is exceptionally convenient to use.
Produce subscription-based content
If you feel like donations are not your thing, you can make a certain share of your content available only to those people who are ready to buy a subscription plan. While there are special platforms such as Patreon that are made specifically for such purposes, it is not obligatory to rely on them. Instead, you can create a chat in Discord and add people to it only if they pay a subscription fee. NOWPayments’ crypto invoices are an excellent tool for accepting subscription payments. Essentially, you can issue one invoice specifying its sum and then reuse it. The price in crypto will constantly be updated according to the latest exchange rate.
Sell your merch
Many believe that one cannot be considered a real influencer if they have never sold their own merch. Selling merch is a great way to promote your brand and give back to your community. Social media is the perfect place to sell and advertise your merchandise. Selling merch is also quite inexpensive since there are many platforms that allow users to create their online stores for free or for a small fee. PrestaShop, WooCommerce, Magento 2, WHMCS, OpenCart, Zen Cart, Shopify, and Shopware are only several such platforms. If you decide to use one of them, you can deploy a crypto payment gateway with the help of NOWPayments’ plugins.
Start a crowdfunding campaign
Crowdfunding is another viable way to accept crypto on social media. Perhaps, you have a popular Twitter account and now want to start a YouTube channel. You can ask your audience members to participate in a crowdfunding campaign to raise money to cover your video gear expenses. At the same time, you can also raise money for noble causes such as saving forests or pet charities. Since all blockchains are public, accepting donations in crypto will help you to keep the entire campaign transparent. NOWPayments’ crypto donations link will also be a relevant solution for the purpose of crowdfunding.
Participate in an affiliate program
If you have a social media account and get many likes and comments under your posts but still cannot figure out how to monetize your online popularity, you can try participating in affiliate programs. Essentially, an affiliate program involves sharing information about a certain product or service and earning a commission for every person who makes a purchase based on your recommendation. While affiliate marketing is fairly common on the Internet, not many companies pay their affiliates in crypto. NOWPayments is one of the companies that defy this trend and actually offer an affiliate program that entails crypto commissions. So, if you refer someone to use NOWPayments’ services, you can get a percentage of their profits.
Advertise your online store using social media
We have already talked about how social media influencers can utilize online stores to sell their merchandise, but it also works the other way around. In other words, eCommerce stores can employ their social media presence to attract new clients to their online shops. Some online stores invest too much money in SEO when what they should be doing is promoting their brands on social media. Featuring crypto payments can help your online store to make waves on social media and get the attention of the crypto community, the members of which will be more than happy to spend crypto at your store.
Make sponsored posts
Affiliate programs are not the only way to make money by collaborating with different companies. Publishing sponsored posts is another viable solution for earning crypto on social media. Quite often, brands themselves contact their favorite influencers and offer them to participate in various projects involving sponsored posts. Accepting crypto for such content is easy if you use NOWPayments’ solutions. For instance, you can issue a crypto invoice for the company that orders a sponsored post. Yet, if its management refuses to pay you in crypto, you can utilize NOWPayments’ fiat-to-crypto conversion feature. This will allow the company to pay you in fiat, but NOWPayments will automatically convert the entire sum to crypto.
Create an online course
Making merch and subscription content may not be for everyone, after all, both tasks require continuous efforts and commitment. Still, there is always the option of creating your online course on a topic of your expertise. Perhaps, you have a popular Instagram account, then you could make a photography course for your followers. A course is a thing which you will not have to work on regularly. Instead, once it is done, you can sit back, relax, and reap profits by selling it using social media. In order to accept crypto as payment for your course, you can either issue invoices or use special plugins for online stores.
Use chatbots
Chatbots are everywhere these days, and they have gotten so good that it is often hard to determine whether you talk to a robot or real person. Chatbots also can help you get some crypto on social media. Facebook is the only popular platform that allows users to deploy their chatbots. You can set up your bot to send a crypto donations link to your audience members who decide to interact with it. Additionally, you can teach it to advertise different products you sell, including merch and online courses. Essentially, a chatbot can become a tool for promoting your brand on social media and encouraging your audience to send you crypto.
Sell your NFTs
NFTs are the hottest trend in the crypto industry. Everyone is crazy about owning their non-fungible tokens. If you have a social media account with a significant following, you can try to sell your own NFTs to your audience. NFTs are easy to mint, and there are several blockchains which you can use to do it. Use your social media page to promote the newly-minted NFTs, and do not forget to set a price for each of them. Thus, by selling your digital assets, you will be able to capitalize on your online popularity and earn crypto.
Conclusion
The crypto Twitter and crypto Facebook segments have thousands of cryptocurrency influencers who can actually monetize their pages and accounts. They can accept crypto on social media using NOWPayments’ tools, including the crypto donations link.