Rank
Ranked number 1Exchange · Derivatives-first + Spot
Bybit
FIU-IND
No. 14 · Programs sweep · May 2026
Best crypto exchange affiliate programs in Asia, graded.
We graded 5 programs against 12-month true-EPC after clawbacks, payout reliability, attribution honesty, and regulator status. The methodology is public; every score breaks down per-factor. Re-verified every 90 days. No paid placement.
Schedule A · The comparison
Every program, graded.
5 programs scored · 5 verified disclosures · 0 watchlist · 0 defunct
REGULATOR(S): SEBI · RBI · FIU-IND
| Program | Commission | Cookie | Clawback | Regulator(s) | Visit affiliate link | ||||
|---|---|---|---|---|---|---|---|---|---|
| I | BybitExchange · Derivatives-first + Spot | A100/100 | 30–50% lifetime revshare (spot + derivatives); tiered by referred 30-day volume; no time cap | 365d | $13.22 | 78 | — | FIU-IND | visit |
| II | CoinSwitchExchange · Spot + India tax-compliant + INR-native | B+62/100 | Flat ₹400–₹1,000 per funded user + tier-based revshare on trading fees | 60d | $8.25 | 92 | — | FIU-IND | visit |
| III | OKXExchange · Spot + Derivatives + Web3 wallet | A−51/100 | 30–50% lifetime revshare (spot + derivatives) + up to 50 USDT signup bonus + Web3 wallet swap fees | 90d | $6.74 | 72 | — | MASSFC | visit |
| IV | CoinDCXExchange · Spot + Derivatives (India-domestic) + Lending | B24/100 | 20–50% lifetime revshare (spot + derivatives), tier-based; INR + USDT payout options | 60d | $3.18 | 85 | — | FIU-IND | visit |
| V | BinanceExchange · Spot + Futures + P2P + Lite | A−50/100 | 20–50% lifetime revshare on spot + 30% futures (90-day cookie); tiered by referred 30-day volume | 90d | $6.63 | 82 | — | FIU-IND | visit |
† composite weighting · commission 30 · payout 25 · cookie 15 · e-e-a-t 15 · audience-fit 10 · regulator 5§§ re-verified every 90 days · next sweep 2026-08-12
Rank
Ranked number 2Exchange · Spot + India tax-compliant + INR-native
CoinSwitch
FIU-IND
Rank
Ranked number 3Exchange · Spot + Derivatives + Web3 wallet
OKX
MASSFC
Rank
Ranked number 4Exchange · Spot + Derivatives (India-domestic) + Lending
CoinDCX
FIU-IND
Rank
Ranked number 5Exchange · Spot + Futures + P2P + Lite
Binance
FIU-IND
Featured · No. I
Bybit, in depth
Rank
Ranked number 1Exchange · Derivatives-first + Spot
Bybit
FIU-IND
- Commission
- 30–50% lifetime revshare (spot + derivatives); tiered by referred 30-day volume; no time cap
- Cookie
- 365d
- 12m EPC
- $13.22
- Payout rel.
- 78
- Clawback
- —
Highest cohort EPC and the only program with true lifetime attribution. Derivatives- heavy fee mix compounds per-trader revenue 2–3x over a 24-month horizon vs 90-day- cookie peers. Singapore retail gated; Feb 2025 hack haircut applies.
Pros
- True lifetime attribution — no time cap, no payout window. Once a trader is registered through your link, attribution holds for the account's life. Unique in the Asia cohort.
- Derivatives-heavy fee mix generates higher per-trader monthly fees than spot-leaning peers (Binance, CoinDCX, CoinSwitch) — compounds with lifetime attribution into the cohort's top EPC
- SEA language depth — Vietnamese, Thai, Indonesian, Hindi dashboards are operationally usable, not token. SEA creators get genuine localised tooling
- FIU-IND registration covers Indian retail on the regulated India product — clean compliance posture for India-tax-pairing content
- KOL tier with co-budget marketing dollars — top-tier creators get exchange-funded performance-marketing spend
Cons
- Singapore retail funding restricted — Bybit cannot serve Singapore residents on the licensed-deposit path; the cohort's biggest single-market gap
- Feb 2025 $1.5B hack still surfaces in HNW audience research across India + Singapore + Hong Kong — reliability haircut applied (0.78), not flag-worthy but real
- Top tier commissions gated on volume thresholds most solo creators don't reach — headline 50% is realistically 30–35% for sub-50K creators
Annexes
Annex A · Methodology
Rubric weights
- commission economics30%
- payout reliability25%
- cookie + attribution15%
- e-e-a-t / network access15%
- audience fit10%
- regulator coverage5%
Annex B · Defunct archive
Programs we've removed
Programs that stopped paying, restructured into unrecognisable forms, or pulled US support remain catalogued — so the rankings stay honest about what disappeared and why. MyForexFunds (Aug 2023, CFTC action). MFFU (rebrand, Dec 2024).
Annex C · Regulator overlay
What applies in the Asia
- SEBI what this means →
- RBI what this means →
- FIU-IND what this means →
- MAS what this means →
Editorial signatures and issue metadata
Edited by
Maren Holst
Senior Editor
Signed · M.HOLST
Fact-checked by
Asha Devi
Standards Desk (Fact-Checker)
Signed · A.DEVI
Issue meta
vol iii · iss 14
published 2026-03-12
last sweep 2026-05-14
methodology v3.2 · audited apr '26
Companies House #OC4451x