Some influencers earn revenue by driving sign ups for crypto apps using affiliate links. Crypto exchange Coinbase recently lowered how much it pays some influencers per sign up. The company blamed the change on “market conditions” in emails to influencers leaked to Insider. Crypto exchange Coinbase has lowered how much it pays some social-media influencers who drive sign ups to the platform, according to emails sent to two creators and shared with Insider. “Due to market conditions, we are reducing payouts on the program to ensure we remaining profitable,” both emails said. The two personal-finance influencers were offered different terms by Coinbase, but both were substantially lower than previous payment schemes for its affiliate program. The influencers requested anonymity in order to speak freely, but their identities are known to Insider. Here’s what Coinbase offered, according to the emails: One creator was earning as much as $40 per sign up as ...
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