Dynamic links are usually used by affiliates when they would like to point customer to a different URL that is already available in the system for some banner or link..
Please do not use Dynamic (Deep) links​ when you are using click tracking code at the landing page and cron job for your Post Affiliate Pro. Generated redirect links will not track in such case.
Dynamic links are used for tracking at large e-shops - when you want to access page with some product page which you cannot integrate with click tracking.
When defining a URL, do not forget to start your link with HTTP://. It is necessary for proper redirection to desired URL. This is also important when creating banner/link. Without this banner/link it will not work properly or it will not work at all.
From now on the Dynamic (Deep) links feature is a little different. This feature no longer uses only the Redirect links instead it uses the linking method that is set up in Campaign for which Banner / link was created.
Affiliates can find this feature inside the Affiliate panel > Promotion > Banners & Links
Here you can choose banner for which you would like to create Dynamic (Deep) link and hit Dynamic link button as you can see here:
1. example with the URL on the same domain but different location
Than set up new Destination url for the banner and hit Get code button
And finally you can receive and copy paste the new generated code for your page where banner will be displayed
2. example with the URL on the different domain
Than set up new Destination url for the banner and hit Get code button
And finally you can receive and copy paste the new generated code for your page where banner will be displayed
Additional info:
You can allow a special "Deeplink generator" screen into affiliate panel menu. So your affiliates are able to generate deeplinks through their panel directly. See snapshot where to find/activate such function: