How To Earn Passive Income With Crypto Telegram Trading Bot Referral Programs

Kryptokeisari
10 min readApr 29, 2024

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I recently wrote a story where I list all the known referral programs within crypto Telegram trading bots. This article is more of a guide on how you can actually earn passive income by sharing your referral links.

The reason Telegram trading bot referral systems are so profitable is the fact that the on-chain trading volumes are crazy and by getting even a marginal slice of that volume (and fees generated by that volume), you will earn significant passive income. Some examples I found from Twitter users who had earned up to $103 000 USD with Trojan’s referral system!

trojan referral rewards
trojan referrals

How Telegram trading bot referral programs work

Before we start, a quick sentence introduction to how referral systems in Telegram trading bots work:

  1. You invite a person X to use Telegram bot Y
  2. Person X starts trading tokens on Telegram bot Y
  3. Telegram bot Y (not you) earns 0.5 % - 1 % (depending on bot and chain) in fees per trade from Person X. For example if a user trades 100 SOL in volume → costs the user 1 SOL if the bot fee is 1 % per trade
  4. You will earn anywhere from 10 % - 60 % (depending on the bot’s referral program rules) of that 1 % what the bot makes. In the example when bot made 1 SOL in fees, you would earn 0.5 SOL if the referral share precentage of the bot is 50 %

This is the basic idea. Just like with CEX (centralized exchanges) referral program, you earn a percentage of the fees a user generates.

On Solana alone, there is over 1 billion of volume each day, so capturing even 0.0001 % of this volume with referrals could mean huge monthly income. Not only that, but the income will last as long as your referrals trade!

Defilama Solana trading volume

Choosing the bots to promote

Before you go crazy with sharing your referral links in different places, you need to know what bots you should be promoting. Not all referral program are created equal, some are significantly better than others.

For example, Trojan has this multi-step referral program, which basically means that you earn from your referrals, but you also earn from the referrals of your referrals as explained in Trojan’s revenue sharing table:

Trojan’s revenue sharing table
Trojan’s revenue sharing table

Did you know? Unique to Trojan is the fact that your referral gets a 10 % discount on their fees forever. So not only does your referral link benefit you but it also benefits your referral as they save money!

So the users you invite are your direct referrals and the users they invite are your indirect referrals, from which you will also earn fees, but just a smaller percentage. But these indirect referrals can stack up quite quickly.

The best referral programs currently

This is my quick ranking of all the bots currently and reasons why.

  1. Trojan — Market Leader on Solana for a reason. Best Solana bot currently on the market, so it is easy to recommend to users. On top of this, their multi-layered referral system is by far the best among different bots. Earning even a small fee at 4-different referral levels means that the potential of indirect referrals is almost endless. Cannot recommend this enough. 25 % from referral fees (35 % if you yourself have traded with over 10k usd volume)
  2. MemeBot — The new contender on Solana. Their whole model is based on heavy revenue share to their users. This means that you can earn up to 59 % of your referrals’ fees! Compared to Trojan’s 25 % (35 % if you trade with over 10k usd volume per week), MemeBot is on completely another level. Biggest risk with MemeBot is probably just the fact that it is quite new player and safety in crypto is important.
  3. Sigma Bot — I would say Sigma Bot is the best multi-chain trading bot currently. The fact that Sigma work on ETH, AVAX, BNB, SOL, BASE and BLAST chains and that it has nice set of trading features, means that if a user want to concentrate all their trading activities to single bot, Sigma is probably the best choice. As for referral rewards this means that you have 6(!) different chains where you can likely earn fees. Rev share with Sigma is flat 20 % (vs. 59 % of MemeBot and 25 % of Trojan).
  4. BONKbot — The OG Solana Telegram Bot, uniquely you earn BONK instead of SOL as fee rewards. Was market-leader for a long time until Trojan overtook BONKbot. They have time-based referral system where you will earn 30% of referral’s fees in the first month, 20% in the second and 10% forever.
  5. Maestro Sniper Bot — Maestrobot is closely behind Sigma because they have the same benefits; lots of trading features and multi-chain support. Maestro supports SOL, BSC, ARB, ETH currently. 25 % rev share.
  6. Sol Trading Bot — Only on Solana but has a juicy 30 % flat rev share. Since Solana has by far the most volume that you can capture with referrals, Sol Trading Bot is number 6. on the list.
  7. Banana Gun Bot — By far the best bot for sniping liquidity and fresh launches, especially on ETH. Favored by whales, so Banana is quality > quantity in referrals. One or two whale ETH snipers might be worth 100 SOL meme coin traders. 10 % revenue share.
  8. sTONks Bot — Really the only bot on TON blockchain. Best benefit with this bot is that you can be relatively early in getting referrals as many Solana bots already have hundreds of thousands of users. 20% of fees in the first month. 10% indefinitely.
  9. Shuriken Bot — Multi-chain (ETH, SOL, BASE, AVAX) but has been struggling to gain user-base. 10 % revenue share.
  10. Photon SOL — Only on Solana. Doesn’t have Telegram bot, but they have the fastest webapp for trading on Solana. You don’t actually earn fees, but get points based on the trading volume of your referrals. The points might translate into something later though….

There are a few others out there and I might update this list later, but this my current top 10.

Where to share your referral links

The first place to start is of course your crypto friends. It is a no-brainer to share (for example) your Trojan referral link to your friends because they actually save 10 % in their fees if they use your link (and you will save 10 % if you use my link :D).

After your friends the next step is to share it on your social media channels. Twitter being the most important. My recommendation is to pick important account and post your link in to the comments of that account (when trading bots are relevant to the post context). The most obvious option is to post your own referral link to the official posts by Trojan’s Twitter.

But of course that is something that many others are doing as well. So you need to try to find other relevant channels where you can promote your referral links. Here are some of my quick suggestions:

  • Trending twitter posts which are relevant to telegram bots, for example tweets about DEXs, competitor bots, memecoin, influencers etc.
  • Reddit threads. Reddit is always a millions steps behind Crypto Twitter so Telegram bots might be a new thing there
  • Discord groups
  • Telegram groups and call channels
  • News commen sections
  • Other social media channels (deBank, friend.tech and so on)

It is really up to you to find the channels that work for you. But just remember that getting even one whale trader as your referral might mean thousands of dollars in monthly passive income. An on the other hand, small streams create rivers.

If this article was helpful to you, please feel free to use my referral links listed below. Good luck and happy referraling!

More reading from me related to crypto, Telegram trading bots, passive income and much more!

Telegram Bots that work on Solana

Telegram Bots that work on other chains

Other tutorials and articles

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Kryptokeisari

Writing reviews and guides on different crypto tools such as Telegram trading bots. https://twitter.com/0xkryptokeisari