How Crypto.com Acquired 4,782 High-Value Traders with Blockchain-Ads
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Acquire high-value perpetual traders and active crypto investors
Crypto.com is a global cryptocurrency exchange offering spot trading, perpetual contracts, staking, and a broad suite of digital asset products. It serves retail traders, active investors, and high-net-worth individuals seeking sophisticated trading infrastructure. The platform operates at enterprise scale, competing directly with Binance, OKX, and Bybit for share of the active trader market across major regions.
A note on attribution: Crypto.com's paid acquisition on Blockchain-Ads is managed through affiliate partners, each running independently with their own market focus and creative approach. This case study covers one such campaign and reflects what Blockchain-Ads can deliver for Crypto.com-aligned partners targeting high-value traders across European markets.
Crypto.com needed to acquire high-value traders in European markets efficiently, without relying on mainstream platforms that restrict financial and crypto advertising.
Three obstacles defined the scope of the problem:
Standard paid acquisition was unavailable and Google and Meta restricted crypto exchange advertising in Crypto.com's key European markets. Crypto.com needed a network with verified Web3 audiences and the targeting precision to reach active traders, not casual crypto holders.
Blockchain-Ads provided the infrastructure to reach high-intent trading audiences at scale through four capabilities:
Performance Metrics
User Quality
The acquired cohort generated $12,800,456 in trading volume within the campaign window. This confirms the audience targeting reached active traders with genuine capital deployment intent, not passive sign-ups.
The objective was to establish baseline performance across European crypto and trading publisher inventory. Display and pop formats launched simultaneously. Display ads led with an offer-focused angle emphasising Crypto.com's perpetual contract depth and competitive fee structure. Pop ads ran a direct registration angle targeting users on competing exchange platforms. Early data showed display generating stronger conversion rates among high-intent trading audiences.
Targeting was refined based on Phase 1 audience data. Budget shifted toward the highest-performing European markets and away from lower-converting geos. Display continued to outperform pop on trader acquisition, with the perpetual trading angle driving the strongest registration rates. A secondary creative angle highlighting Crypto.com's institutional-grade security and asset range was tested against active Forex traders.
Budget consolidated into display format across the strongest European markets. The perpetual trading creative scaled as the primary acquisition angle. Pop was retained at reduced spend for broad reach. The campaign closed with 4,782 verified trader accounts acquired at a CPA of $63, generating $12,800,456 in trading volume across the new user cohort.