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Bitmedia

United Kingdom

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10-15 years

10-15 years|Suspicious Regulatory License|Medium potential risk
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Company Name
Bitmedia
Regulatory Status
No Regulation
Abbreviation
Bitmedia
Platform registered country and region
United Kingdom
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Aspect Information
Company Name Bitmedia
Registered Country/Area United Kingdom
Founded Year 2014
Regulation Not regulated
Services Cryptocurrency advertising platform
Fees Variable; includes advertiser fees and potential additional transaction and processor fees
Payment Method Bitcoin (BTC) for both advertisers and publishers; also accepts fiat currencies for advertisers
Customer Support Email support available at support@bitmedia.io for general inquiries and partnerships@bitmedia.io for partnership-related matters

Overview of Bitmedia

Established in 2014, Bitmedia is a cryptocurrency advertising platform offering targeted advertising solutions to businesses seeking to reach the burgeoning crypto audience. With a wide range of ad formats and a mobile app for convenient campaign management, Bitmedia provides opportunities for advertisers to engage with their target market effectively. Additionally, individuals can earn Bitcoin through advertising or referrals, fostering a community-driven ecosystem.

While affiliated with reputable industry organizations like the Internet Advertising Bureau UK, Bitmedia operates without regulatory oversight. Nonetheless, its innovative approach and industry recognition position it as a key player in the cryptocurrency advertising space since its inception in 2014.

Overview of Bitmedia

Pros and Cons

Pros Cons
Offers targeted advertising to crypto users Lack of regulatory oversight
Provides a variety of ad formats Minimum withdrawal amount for publishers
Allows individuals to earn Bitcoin through advertising or referrals Advertiser fees may vary and could include additional transaction and processor fees
Offers a mobile app for convenient campaign management
Accepts multiple payment methods
Affiliated with Internet Advertising Bureau UK and recognized as a top UK startup

Pros:

  • Targeted Advertising: Bitmedia allows businesses to target their advertising specifically to cryptocurrency users. This targeted approach can result in higher conversion rates and more effective marketing campaigns. By reaching users interested in cryptocurrency, advertisers can increase the likelihood of their ads being successful.

  • Variety of Ad Formats: Bitmedia offers a various range of ad formats. Whether businesses prefer text-based ads, graphical banners, or responsive ads that adapt to various screen sizes, Bitmedia provides options to suit their requirements. This flexibility enables advertisers to choose the format that best showcases their products or services.

  • Earning Opportunities: Bitmedia provides opportunities for individuals to earn Bitcoin through advertising or referrals. Publishers can monetize their websites by displaying Bitmedia ads, earning Bitcoin whenever visitors click on those ads. Additionally, individuals can participate in the affiliate program, earning Bitcoin for successfully referring new advertisers or publishers to the platform. These earning opportunities empower individuals to generate income through their online activities.

  • Mobile App: Bitmedia offers a mobile app for convenient campaign management. With the app, advertisers and publishers can easily monitor their campaigns, track performance metrics, and make adjustments on the go. This accessibility ensures that users can manage their Bitmedia accounts efficiently, even when they're away from their computers.

  • Multiple Payment Methods: Bitmedia accepts multiple payment methods, providing flexibility for advertisers and publishers. Advertisers can choose to pay with Bitcoin or traditional fiat currencies, while publishers receive payouts in Bitcoin. This variety of payment options accommodates different preferences and ensures smooth transactions for users worldwide.

  • Industry Affiliations: Bitmedia is affiliated with the Internet Advertising Bureau UK and recognized as a top UK startup. These affiliations demonstrate Bitmedia's credibility and commitment to industry standards. By aligning with reputable organizations and earning recognition within the startup community, Bitmedia enhances its reputation and instills trust among users.

Cons:

  • Lack of Regulatory Oversight: Bitmedia operates without regulatory oversight, which can pose risks for users. The absence of regulatory supervision means that there are no mandated standards or guidelines governing Bitmedia's operations.

  • Minimum Withdrawal Amount: Bitmedia imposes a minimum withdrawal amount for publishers receiving payouts. This minimum threshold may require publishers to accumulate a certain level of earnings before they can withdraw funds from their accounts.

  • Variable Advertiser Fees: Advertiser fees on Bitmedia may vary and could include additional transaction and processor fees.

Pros and Cons

Regulatory Authority

Bitmedia operates without regulatory oversight.

This lack of regulation can lead to potential risks for investors, including heightened vulnerability to fraud, market manipulation, and inadequate consumer protection. Investors may face uncertainties regarding the legitimacy and security of their investments. Absence of oversight could also hinder market integrity and transparency, potentially fostering an environment conducive to illicit activities.

Products & Services

Bitmedia is a company that provides a variety of services related to cryptocurrency advertising and marketing. Here's a summary of their offerings:

  • Advertising: Businesses can leverage Bitmedia's platform to advertise their products and services to a targeted audience of crypto users. This includes ad placement management, where Bitmedia assists with strategy and implementation across various platforms. They also offer a variety of ad formats to suit different needs.

  • Earning: Individuals have two main ways to earn with Bitmedia. They can become a publisher and display Bitmedia ads on their websites, earning Bitcoin when users click on those ads. Alternatively, they can participate in the affiliate program and promote Bitmedia's services, earning Bitcoin for each successful referral.

Services

Fees

Bitmedia's fees primarily involve advertisers who pay for ad clicks or impressions. Here's a breakdown:

  • Minimum Bid:

    • CPC Campaigns: 0.0000164 BTC per click (approximately $0.54 as of February 29, 2024)

    • CPM Campaigns: 0.0000185 BTC per 1,000 impressions (approximately $0.61 as of February 29, 2024)

  • Additional Fees:

    • Transaction Fees: Standard Bitcoin network fees may apply to deposits and withdrawals.

    • Payment Processor Fees: When using fiat currencies, additional fees from payment processors might apply.

Payment Methods

Bitmedia offers a variety of payment methods for both advertisers and publishers:

For Advertisers:

  • Bitcoin (BTC): This is the native cryptocurrency of the Bitcoin network and is a popular payment method on Bitmedia.

  • Fiat Currencies: You can also use traditional currencies like USD, EUR, and GBP through various payment processors (details might be available on the Bitmedia website).

For Publishers:

  • Bitcoin (BTC): This is the primary method for receiving payouts on Bitmedia.

  • Minimum Withdrawal: There is a minimum withdrawal amount of 0.001 BTC.

How to Create a Bitcoin Ads Campaign?

Step 1: Sign Up and Verify Your Account

Create an account on the Bitmedia website.

Verify your email address by clicking the link in the confirmation email they send you.

Step 2: Create a Campaign

Log in to your Bitmedia account.

Click on “Create Campaign”.

Name your campaign and click “Create”.

Step 3: Configure Targeting and Budget

Geo Targeting: Select the specific regions or countries where you want your ads to be displayed.

Device Targeting: Choose between desktop, mobile, or both for ad display.

Daytime Targeting: Set the specific hours you want your ads to be shown.

Frequency Capping: Limit the number of times your ad is shown to the same user.

Ad Re-run: Decide whether or not to show your ad to users who have already clicked on it.

Set Budget: Choose your click price per ad (minimum 0.0000205 BTC).

Step 4: Create Your Ads

Choose the ad format (text, graphical, or responsive).

Upload your ad creatives in various sizes for optimal reach.

Click “Create Ad” to submit them for review.

Step 5: Fund Your Account and Campaign

Fund your Bitmedia account with Bitcoin.

Allocate funds from your main account to your specific campaign.

Step 6: Launch and Monitor Your Campaign

Your campaign will be reviewed and approved within 24 hours.

Once live, you can monitor its performance through detailed statistics.

How to Create a Bitcoin Ads Campaign?

Customer Support

Bitmedia offers customer support via email at support@bitmedia.io for general inquiries and partnerships@bitmedia.io for partnership-related matters.

As a member of the Internet Advertising Bureau UK, it aligns with industry standards. Additionally, being featured as one of the best UK startups showcases its commitment to excellence. While these affiliations enhance its credibility, the effectiveness and responsiveness of its customer support remain essential factors for ensuring a positive user experience and resolving any issues promptly.

Customer Support

Is Bitmedia a Good Platform for You?

Bitmedia is the best platform for advertisers with limited budgets due to its relatively low minimum click and impression bid requirements compared to some other cryptocurrency advertising platforms.

Here are some target groups that may find Bitmedia suitable:

Advertisers:

  • Businesses in the cryptocurrency and blockchain space: They can reach a targeted audience of crypto users through Bitmedia's advertising network.

  • Financial service providers: They can promote their crypto-related offerings like exchanges, wallets, or investment products.

  • Businesses offering products or services relevant to crypto users: This could include hardware wallet manufacturers, educational platforms, or blockchain technology companies.

Publishers:

  • Website owners in the cryptocurrency and blockchain niche: They can leverage Bitmedia to display ads and earn Bitcoin from user clicks.

  • Cryptocurrency news and information websites: They can generate additional income by displaying Bitmedia ads related to their content.

  • Bloggers and influencers in the crypto space: They can integrate Bitmedia ads into their content to monetize their audience reach.

FAQs

Q: What services does Bitmedia offer?

A: Bitmedia provides cryptocurrency advertising services, allowing businesses to reach targeted audiences with various ad formats, and individuals to earn Bitcoin through advertising or referrals.

Q: How can I create a Bitcoin ads campaign on Bitmedia?

A: To create a campaign, sign up on the Bitmedia website, verify your account, name your campaign, configure targeting and budget, create ads, fund your account with Bitcoin, and launch and monitor your campaign.

Q: What payment methods does Bitmedia accept for advertisers?

A: Advertisers can pay with Bitcoin or traditional fiat currencies like USD, EUR, and GBP through various payment processors.

Q: Are there fees associated with using Bitmedia?

A: Yes, Bitmedia charges variable fees for advertisers based on campaign type. Additionally, there might be transaction fees for deposits and withdrawals, and payment processor fees for fiat transactions.

Q: What is the minimum withdrawal amount for publishers on Bitmedia?

A: The minimum withdrawal amount for publishers is 0.001 BTC.

Q: How can I contact Bitmedia's customer support?

A: For general inquiries, contact support@bitmedia.io. For partnership-related matters, reach out to partnerships@bitmedia.io.

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.