This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
To celebrate the beginning of Ramadan, Binance is pleased to provide an instant discount on fiat transaction fees! Eligible users who confirm their participation on the Activity Page will enjoy an instant discount when completing their first fiat transaction during the Activity Period.
Activity Period: 2023-03-30 04:00 (UTC) to 2023-04-05 03:59 (UTC)
The value of the discount will be equivalent to the transaction fees incurred in the first fiat transaction,
- For new users who have never made any of the following fiat transactions prior to 2023-03-30 04:00 (UTC), the instant discount is capped at $8 per eligible fiat transaction.
- For existing users who have made the following fiat transactions prior to 2023-03-30 04:00 (UTC), the instant discount is capped at $5 per eligible fiat transaction.
An eligible fiat transaction can be completed via any of the following methods:
- Buy Crypto > Deposit
- Buy Crypto > Credit/Debit Card (including Apple Pay and Google Pay)
- Buy Crypto > Credit/Debit Card > Sell
- Withdraw Fiat
Terms & Conditions:
- All users must complete account verification and click the [Join Now] button on the Activity Page during the Activity Period to be eligible.
- The instant discount may take up to one to two minutes to take effect.
- Please make sure your Binance App is updated to iOS 2.57.0 or Android 2.57.0, or later.
- Users who did not receive the instant discount for their first fiat transaction despite clicking on the [Join Now] button will receive a USDT token voucher instead, of which the value will be equivalent to the transaction fees incurred for their first fiat transaction, capped at $5 for existing users, and $8 for new users. The USDT token voucher will be distributed within seven workdays after the Activity ends, where applicable.
- Eligible users will be able to login and redeem their token vouchers via Account > Reward Center. The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a token voucher.
- Any fiat deposits or withdrawals with zero transaction fees will not count as the first transaction.
- Binance will use the price at 2023-03-29 15:00 (UTC) of the local currency to USD foreign exchange rate for the calculation of the transaction discount.
- All deposits via Binance P2P and cryptocurrency purchases with existing fiat balances in Fiat or Spot wallets will not qualify as eligible transactions.
- Sub-accountâs trading volume will not be combined with the master accountâs standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
- Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk-registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
- Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating, or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.
- Additional promotion terms and conditions can be accessed here.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
For Brazil only: Binance users paying with credit/debit cards will be charged the IOF tax with every card transaction on Binance.
Thanks for your support!
Binance Team
2023-03-30
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Past performance is not a reliable predictor of future performance. Before trading, please take into consideration your level of experience, purchase objectives, and seek independent financial advice, if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on your individual circumstances. Not financial advice. For more information, see our Terms of Use and Risk Warning.
Binance Bahrain B.S.C. (c) (Binance Bahrain) is licensed by the Central Bank of Bahrain (the CBB) as a category 4 Crypto-Asset Service Provider to operate a crypto-asset exchange