$10,900 profit. The campaign brought a 78% ROI in Turkey. Crypto vertical

Arbitrage is not only about fighting bans and searching for “golden combinations,” but also about the ability to find new growth points where others have not yet looked.

The Moonstar Network affiliate program shared a recent case study with us: one of their top webmasters tested Turkey in July and achieved results that are hard to ignore — $10,900 in net profit and a 78% ROI.

Why Turkey?

The country is showing growing interest in cryptocurrencies, the audience is actively responding to investment offers, and competition is still lower than in Tier-1. Below, we will analyze the strategies that helped the partner get the most out of it.

And now for the CASE:

PP: Moonstar Network
GEO: Turkey
Source: Facebook
Spent: $13,900
Received: $24,800
Profit: $10,900
ROI: 78%
Date of launch: 07.07.25 — 31.07.25
Number of registrations: 356
Number of deposits: 31
CR: 8.71%

The partner has been working with Moonstar for a long time and recently started working with a new direction – Turkey. This geo is currently in high demand and shows decent conversion rates. Before the launch, he studied the analytics in detail, checked spy services, and prepared several strategies for testing. Let’s take a closer look at the process below.

ACCOUNTS

Agency accounts were used for the launch.

This ensured:

• a stable launch without harsh bans,
• the ability to test several hypotheses at once,
• a longer “life cycle” for advertising campaigns.

PRE-LANDING APPROACHES

1. Pre-landing with a form
2. Pre-landing + landing

Both options were launched in parallel, which required large-scale A/B testing. After just a few days, it became clear which ones showed the best results in terms of registration and deposit conversion.

Pre-landings with the following elements yielded the best results:
1. Participation of well-known figures and companies — public figures and brands allegedly involved in cryptocurrency investments were mentioned.
2. The promise of benefits for a wide audience — the emphasis was on the fact that even with minimal investments, it was possible to earn a significant income.
3. The element of exclusivity — the illusion was created that the projects were only available to a narrow circle of investors and that now there was an opportunity to get involved.

 “PRELEND No.1”

 “PRELEND No.2”

 “PRELEND No.3”

CREATIVES

1. News presentation
2. Demonstration of potential income
3. Use of images of famous people

The best effect is achieved by combining several creatives tested simultaneously.

     “CREATIVE SCREEN”

This material was prepared with the support of partners from the top spy service SpyOwl.

TARGET SETTINGS

• Age: 35–65
• Gender: m/f
• Language: Turkish
• Placements: Facebook and Instagram feed
• Devices: mobile
• Payment model: per lead

It is important to note that the best conversion rates are observed among audiences over 30–35 years old, as this group is more likely to have sufficient financial stability.

RESULTS

After three weeks of testing, the results were more than satisfactory:

• Spent: $13,900
• Deposits: 31 × $800
• Revenue: $24,800
• Net profit: $10,900

The case study demonstrates that:

1. Competent analytics + pre-landing page testing = reduced budget waste.
2. Creatives with a trust effect (well-known personalities, news style) perform better than “dry” banners.
3. The 35+ audience in Turkey is a gold mine for crypto.

Yes, bundles burn out quickly, but the experience can be adapted to other Tier-2 and even Tier-3 countries while retaining the core.

CONCLUSION

This case is further proof that arbitration in crypto is not about luck, but about a systematic approach. Moonstar’s partner found a working strategy and scaled it up.

Currently, such bundles no longer bring the same results, but the partner continues to actively work with Turkey, using new approaches. This experience can be adapted and applied not only in Turkey but also in other countries.

And now the most important thing: Moonstar Network doesn’t just give offers, it helps webmasters build a strategy. Want the same results?

Submit an application on the Moonstar website and receive exclusive terms and offers that really convert.

Follow their Instagram and Telegram channel, where you will find a lot of useful closed information that is not publicly available.