BSP Representative Program

Add Bitcoin savings to the benefits you already advise on.

Block Rewards pays benefits advisors, HR consultants, and payroll professionals $30 per enrolled employee — plus milestone bonuses — for every employer they bring to the Bitcoin Savings Plan.

Your estimated earningsLive calculator
$400
per referral at 10 enrolled employees
$300
Base ($30 × employees)
$100
Milestone bonus
Enrolled employees per referral10

Paid after referred client's second invoice. Milestone bonus: $100 per 10 enrolled employees, capped at $1,000 per client. Non-exclusive, independent contractor basis.

How it works

Refer. Enroll. Earn.

The process is simple — you make the introduction, Block Rewards handles everything else, and you earn on every employee who enrolls.

01
You sign a referral agreement
A simple non-exclusive revenue-sharing agreement. Independent contractor basis — no exclusivity, no minimums, no territory restrictions.
02
You introduce an employer
Make the introduction to Block Rewards. We handle the sales conversation, compliance walkthrough, payroll integration, and employee onboarding.
03
Employees enroll
Block Rewards onboards employees — KYC, wallet setup, Learning Lounge, dashboard access. Your client does nothing. You do nothing.
04
You get paid
$30 per enrolled employee after the referred client's second invoice, plus $100 milestone bonuses for every 10 enrollees, up to $1,000 per client.
Compensation

Transparent pay structure,
no surprises.

Everything is in the agreement upfront. Here's exactly what you earn and when you get paid.

🏆
Milestone bonus
$100
For every 10 enrolled employees at a referred client. Capped at $1,000 per client. Paid alongside the per-employee payment on the same schedule.
Payback period
~4 months
Block Rewards recoups referral costs in approximately 4 months from MRR per employee — making this a sustainable, long-term program.
📄
Agreement terms
Non-exclusive
No exclusivity. No territory restrictions. No minimums. You can refer one employer or fifty — the agreement covers all of them under the same terms.
Enrolled employeesBase paymentMilestone bonusTotal earnedBR monthly revenue
10 employees$300$100$400$99.90/mo
50 employees$1,500$500$2,000$499.50/mo
100 employees$3,000$1,000$4,000$999.00/mo
250 employees$7,500$1,000 (capped)$8,500$2,497.50/mo

BSP fee: $9.99 per employee per month. Referral cost breaks even in approximately 4 months. Milestone bonus capped at $1,000 per referred client. All figures in CAD.

Who it's for

Built for professionals who already
work with Canadian employers.

You don't need to be a Bitcoin expert. You just need to know employers who would benefit from offering their team a differentiated savings plan.

🤝
Benefits advisors & brokers
Add BSP to the group benefits packages you already design. Differentiate your book with a benefit your competitors aren't offering yet.
👩
HR consultants
You're already helping employers build total rewards strategies. BSP is a natural extension — especially for clients asking about Gen Z retention.
💳
Payroll professionals
You're already inside payroll systems. Block Rewards integrates with all major Canadian providers — making the introduction frictionless for your clients.
📊
Financial planners & advisors
Business-owner clients who hold Bitcoin personally often want to extend that access to their teams. BSP is the compliant, structured way to do it.
🏢
Business associations
Chambers of commerce, industry associations, and BNI chapters — if your members are employers, this is a value-add that generates passive income.
🔗
Accountants & bookkeepers
You review payroll and benefits costs with clients regularly. BSP costs employers nothing unless they choose to match — easy to introduce in a review.
The market opportunity

Bitcoin benefits are no longer a fringe idea.
They are the next group benefits category.

For benefits advisors, the question has shifted from whether to take this seriously to who gets there first. Here is the research, the compliance picture, and the business case your employer clients need to hear.

The demand is already in your clients' workforces

Your clients' employees are not waiting. Research from Oobit's 2026 Crypto Payroll Report found that 43% of employees are interested in receiving part of their compensation in cryptocurrency, with 32% saying they would opt in if the option were available on their next payday. Bitcoin is the clear preference, chosen by 46% of those interested.

That interest concentrates precisely in the talent segments most companies are competing hardest for. Among Gen Z workers, 46% express interest in crypto compensation and 51% have already owned or currently hold cryptocurrency. Among Millennials, the figure sits at 45%. These employees are already building savings through consumer apps on their own time.

16% of employees say the availability of crypto compensation would make them more likely to accept a job offer — a meaningful edge in a market where competing benefits packages are often identical. One company that introduced Bitcoin salary options reported a 40% increase in qualified applicants, according to IgniteHCM.

Employee interest in crypto compensation — by generation
Gen Z
51% already own cryptocurrency
46%
Millennials
Highest-cost segment to hire and retain
45%
Gen X
Often overlooked in the crypto conversation
35%
Across all generations
Satisfaction among those who have received crypto comp
78%

The compliance picture is clearer than most advisors expect

The most common reason benefits advisors have held back is regulatory uncertainty. That uncertainty is largely resolved in Canada. Under the Income Tax Act, cryptocurrency paid as part of employment compensation is treated as ordinary employment income. The CRA has articulated this position clearly — it is not a grey area.

Providers operating in Canada are required to register as Money Services Businesses under FINTRAC with full AML and KYC compliance. Block Rewards is a registered MSB. Your clients do not need to build compliance infrastructure — it already exists and is operating at institutional scale.

BSP is not a retirement account. It is a voluntary, post-tax, supplemental savings option. The employer does not hold Bitcoin, has no treasury exposure, and carries no liability for investment outcomes.

CRA Position
Cryptocurrency compensation is employment income under s.5(1) of the Income Tax Act. Taxed at fair market value at time of receipt. Standard source deductions apply.
FINTRAC
Block Rewards is a registered MSB. AML, KYC, and all regulatory reporting are handled by Block Rewards. Employers file nothing crypto-related.
Employer liability
Zero balance sheet exposure. Bitcoin never passes through employer accounts. No fiduciary obligation for individual investment outcomes.
Positioning BSP

How to position BSP alongside a group RRSP

The most common advisor concern is whether BSP competes with existing group RRSP placements. It does not. Group RRSPs are tax-deferred, locked-in vehicles built for retirement. BSP is a non-tax-deferred, fully liquid supplemental savings option. Research indicates that 60 to 70% of savers show a practical preference for liquidity over tax deferral.

Position BSP as additive: it layers a modern, liquid, high-upside alternative on top of a benefits stack that already includes structured retirement savings. The combination gives employees more choice, which is what the modern workforce is asking for and what your competitors are not offering yet.

Business case

Four arguments that land with employer clients

1.
Financial stress is costing them money right now. Nearly one in three employees has left a job due to financial stress. PwC estimates this costs employers hundreds of billions annually in lost productivity and turnover.
2.
Their competitors do not offer this yet. In most industries the benefits stack is identical. BSP is immediately distinguishable — and the window before it becomes standard is finite.
3.
Demand already exists in their workforce. 30% of Canadian adults already hold cryptocurrency. Employees are doing this on their own — BSP gives them a structured, institutionally custodied way to continue.
4.
The risk of trying this is effectively zero. No upfront cost, no minimum enrollment, 1 to 2 day implementation, no changes to existing benefits. The employer can cancel with written notice at any time.
Sources: Oobit, 2026 Crypto Payroll Report PwC, 2026 Employee Financial Wellness Survey IgniteHCM, Nov 2025 Fast Company, Oct 2025 2024 State of Crypto Report CRA digital currency employment income guidance Block Rewards HR Guide 2026
Apply now

Become a BSP Representative

Fill in the form and we'll send you the referral agreement and a BSP rep kit within one business day.

  • Agreement and rep kit sent within one business day
  • No exclusivity, no minimums, cancel any time
  • Block Rewards handles sales, onboarding, compliance — you make the intro
  • $30/employee + milestone bonuses, paid on second invoice
  • Questions? Email info@blockrewards.com

BSP Representative Application

Tell us about yourself and how you work with Canadian employers. We review every application personally.

We review every application personally and respond within one business day.

Application received!

We'll review your application and send the referral agreement and rep kit within one business day. Check your inbox at the email you provided.