$5,000 DAI giveaway! Trade DAI on the Binance P2P platform

2021-04-05

Binance P2P and the MAKER team have committed a total of  $5,000 in DAI as prizes for African users.

Activity Period: 2021/04/06 10:00am UTC - 2021/04/12 9:59am UTC (1 week) 

The promotion is open to the following markets: DAI/NGN, DAI/GHS, DAI/KES, DAI/ZAR

Promotion A: Trade DAI to get 10% cashback - first come first served 

During the activity period, users buy or sell 30 USD worth DAI and can get a 10% DAI token cashback, capped at 10 DAI. 

$4,000 in DAI is available at a first-come-first-serve basis. Both makers and takers are eligible for the cashback. 

Promotion B: New users bonus - win $500 in DAI 

We are offering additional $500 in DAI bonuses for new P2P users! New users who participate in Promotion A are eligible for a lucky draw. We will select 5 winners and offer $100 in DAI each. 

Winners will be announced on the Binance Africa twitter page  

How will the lucky draw winners be selected?

  • We will take the final 8 digits of the last Binance chain hash value at 11:59 PM (UTC) on the last day of this activity period as the winning number. This winning number will be used to match User IDs from the first digit onward. Qualified users whose IDs have the most consecutive identical integers to the winning number will win the lucky draw.

  • If the number of matches exceeds the number of winners, we will then further select winners based on their User IDs in ascending numerical order (user ID numbers are generated in numerical order at the time of registration, so we encourage users to register early).

Example scenario:

  • Assume that the last Binance Chain block hash value at 11:59 PM (UTC) of the last day of this activity is: 3E53A755905113FD1738F0A585D65CE4AC942AAF214625512E30A07FBBA5DFA5

  • Removing the letters from the hash value determines the string of numerical digits: 3537559011317380585654942214625512300755

  • The winning number in this scenario will be the last eight numerical digits: 12300755.

  • The user whose User ID matches the 8-digit winning number will be a winner. If there are no matches for the 8-digit winning number, we will match the last 7 digits with User IDs’ last seven digits: 2300755. If there are no matches for the 7-digit winning number, we will match the last 6 digits with the last 6 digits of User IDs: 300755.

Promotion C: $500 AMA giveaway

During the activity, we will host an AMA on the Binance Nigeria TG channel. Users that attend this live chat AMA will stand a chance to share from a $500 in DAI pool prize. Follow Binance Nigeria TG channel here LINK 

Time: April  9th, 2021

*Terms and conditions: 

  1. Users must pass identity verification to trade on Binance P2P. Click here to see how to pass identity verification. 

  2. Rewards will be distributed within 14 days after the activity concludes. You will be able to login and see your rewards in the Distribution History section of your Account Center.

  3. Binance reserves the right to disqualify trades that are deemed to be wash trades or illegal bulk registration accounts, self-dealing or display attributes of market manipulation, etc.

  4. Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.