Blog Affiliate First time as a MyConstant affiliate? Here’s what you need to know.

First time as a MyConstant affiliate? Here’s what you need to know.

date June 11, 2020 time 5 min read

Thank you for joining the MyConstant affiliate program. 

We’re excited to have you onboard and eager to start you earning. 

As you’re new, I thought you’d like to know a little about us and our P2P investment products. Then, I’ll give you a few tips on creating clickable content about MyConstant that pays you affiliate rewards. 

A little about us

In just over a year, we’ve grown to be one of the leading P2P investment platforms in the US. We’ve matched $25M in loans, growing around 25% every quarter. How did we grow so fast? 

We believe our healthy growth is the result of helping investors find secured lending opportunities while providing outstanding customer service. In 2019, for example, we helped investors earn an average 8.5% APR while also achieving a Trustpilot score of 4.6/5.

Many investors are stuck between low-yield rates on FDIC-backed products or risking better returns on unsecured investments like stocks. MyConstant, on the other hand, is a happy middle: customers earn up to 5x the interest of a CD (Certificate of Deposit) with secured lending products only. 

A little about the affiliate program

If you’ve never been an affiliate before, spend a few minutes reading 5 things every affiliate program should have before you sign up. This will give you insight into the decisions we made when designing our affiliate program and how they benefit you. 

The key product you will promote – Invest

We strongly recommend you try our platform before you start promoting it. Not only does this help you understand how it works, but as a customer, you’re better able to put yourself in your referees’ shoes, meaning your content will be more relevant and useful. 

Here’s how the platform works in just 4 simple steps.

Step #1 – Sign up

Create a free account using an email address or Facebook/Google account in seconds. Please note you’ll be required to turn on two-factor authentication (2FA) immediately after registration to protect your account.

Step #2 – Pass KYC

KYC is shorthand for “Know Your Customer” and helps us protect you from fraud and other illegal activity. It takes around 5 minutes to submit your details and then our KYC partner Prime Trust will review your application and approve or reject it, usually within one business day. If you deposit, transfer, or withdraw digital currencies like stablecoins, you can skip this step. How to verify your ID step-by-step.

If you’re a US resident, you’ll automatically join our $1,500 Flex trial when you pass KYC. We credit you $1,500 to earn 4% APY over 30 days, compounded and paid every second (you can literally watch your money grow!). After 30 days, we take back the $1,500 but you keep the interest. This is a great way for your community to test and watch their money grow in real-time. 

Step #3 – Deposit

Once your account is ready to go, make your first deposit either from your bank account or stablecoin wallet. If you’re depositing but not investing in a fixed-term loan, you automatically earn 4% APY in our Flex lending pool. Flex compounds and pays interest by the second, and better yet, you can withdraw anytime. 

On the other hand, if you’d rather store your balance with our custodial partner (PrimeTrust) instead of investing it, you can disable Flex from the Settings menu.

Step #4 – Invest

If you want more interest, consider investing in one of our fixed-term loan or crypto loan products. We currently have three: Crypto-backed loans, Loan Originator loans, and Crypto Lend. So what’s the difference between them? 

Crypto-backed loans: You choose between 1-month, 3-month, and 6-month fixed terms paying up to 7.5% APR. All lending is backed by cryptocurrencies, which are sold if borrowers default to repay you.  

Crypto Lend: Deposit BTC, ETH, or BNB and earn an automatic 10% APY, compounded and paid every second. You supply liquidity to trusted exchanges and in return earn a healthy cut of trading fees. Withdraw anytime for free (excluding network fees).  

Loan Originator loans: Invest in buy-back guaranteed loans from top loan originators in Europe. Earn up to 11% APR and choose between business and commercial, secured and unsecured loans. All lending comes with a guarantee from the loan originator to buy back the loan should the borrower default for 60 days. 

Earn more with the right content

Now you know how MyConstant works, let’s get you earning as quickly as possible. Unlike other affiliate programs, we’re here to help you be more successful. Here are a few ideas to get more clicks and rewards. Of course, these are just suggestions and you can create your own strategy, too.

The important thing is to focus on helping your audience rather than selling to them. Show them how MyConstant works and all the benefits they get with us.

#1 Know why customers love us

When our content team writes about MyConstant, we focus on the benefits our customers care about most. Here are 11 reasons why you should invest with MyConstant. This is a solid foundation for your review or blog post. You can pick any of these benefits and then expand or develop them as you see fit (just be sure to keep the information accurate).

Aside from the great interest rates, our customers love us most for our fast, responsive, and friendly customer service. We strive to answer people within minutes of raising a question, and certainly the same day. We never pass people between departments and always solve the problem as fast as possible. 

You can read what people are saying about us on Trustpilot or on our Why People Love Us page. 

#2 Use eye-catching images and banners

Our team works hard to provide affiliates with assistance, support, and feedback when needed. That includes easy access to the materials you need. If you’re not a professional designer (or too busy running a business), download support materials from our in-house designer, Zao.

These are a few different versions of the feature image and banners you can enclose in your article. If you’d prefer to design something yourself, there is also a blank canvas you can manipulate using easy-to-find tools on the internet or in AI (Adobe Illustrator) format.

#3 Create content people want to read

It’s one thing to convince someone to sign up, but it’s another to convince them to become a customer. When you convince someone to invest, you will likely earn a lot more than the $20 bonus. Today’s users have a lot of choices, so your content must stand out – be relevant, useful, and engaging.

How do you encourage your audience to invest in our product? It all depends on the content you create and how well you promote that content. You need to pull people in with your headlines, engage them throughout your blog or video, and convince them to act. Every good affiliate marketing strategy has valuable content behind it, so check out the blogs below to understand what you need to do: 

If you have more questions about our affiliate program, check out the affiliate page or email me at [email protected]. We’re always here to help.


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Chris Roper

Chris Roper

Communications Manager

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