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Nigeria Block trade merchant competition! Rank in the top two NGN traders weekly for a chance to become a block merchant!


During the next 4 weeks, we will be running a block trade competition for Nigerian P2P traders. You stand a chance to save up to 60% on fees, get a super shiny Diamond Badge on your ads, win a Binance Suitcase and earn up to 150 USD weekly!


Promotion period: Monday, 17th August 2021 at 12pm WAT - Monday, 14th September 2021 at 12 pm WAT

How to participate and become a Block Merchant?

Every week for the next 4 weeks, the top 2 users who post trade ads (Buy or sell) and trade the highest volume during the activity period will be rewarded as follows:

Top rewards
Rewards amount in BUSD
1st place
Upgrade to block merchant, 60% fees discount, Binance Suitcase
150 BUSD
2nd Place
Upgrade to block merchant, 60% fees discount
150 BUSD


Post your Ad and Start Trading!

To qualify for the Block trade merchant promotion, participants need to trade with a minimum of 200 different users per week

Don’t hesitate to share your ads with your communities to get your ads seen by more people! 

Here’s a video guide on how to post trade ads on Binance P2P.

Rules and Reward Distribution

  • An equivalent of $300 (150,000 NGN) in BUSD will be distributed weekly among the top 2 NGN makers on Binance P2P

  • This competition is only available for users that post either buy or sell ads within each week.

  • To qualify for rewards, you must trade with a minimum of 200 different traders in a week.

  • Promotion period: Only participants who make a trade between Monday, 17th August 2021 at 12 pm WAT and Monday, 14th September 2021 at 12 pm WAT will be qualified to win.

  • This promotion only applies to transactions through Binance P2P in the web or app version.

  • To become a Block trade merchant, a 10,000 BUSD security deposit is required, as well as at least 80% 30 days completion rate

  • The BUSD rewards will be allocated to the Binance spot Wallet within 15 business days after the campaign finishes. Users can see their rewards by selecting the Account Center > Wallet > Distribution History.

  • The Suitcase reward will be sent to the winner’s address within 15 business days

  • Binance reserves the ability to disqualify any participants showing signs of fraudulent behavior immediately. 

  • Binance reserves the right to cancel or amend the Promotion or Promotion Rules at our sole discretion.