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Your best bet is to mix it up a little bit
if your traffic is inconsistent (TGP submissions, etc.) you're better off with recurring to keep payouts spread out a little for those times when you're not gtetting listed, etc.
If your traffic is a bit more stable and steady, you would lean more towards the per signup.
Really, overall, you're going to find you'll make about the same amount per signup as with revshare, it's all a matter of getting paid up front versus over the long haul (whichever you prefer)
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