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NGN Merchants Exclusive: Trade on Binance P2P Now to Share 5,000 BUSD in Maker Fee Rebates

NGN Merchants Exclusive: Trade on Binance P2P Now to Share 5,000 BUSD in Maker Fee Rebates

2022-12-07 10:23
Promotion Period: 2022-12-07 10:00 (UTC) - 2023-01-06 00:00 (UTC)
Binance P2P is launching a new promotion for eligible merchants who are identified as Nigerian via KYC and receive an email invitation from Binance P2P during the Promotion Period.
Eligible merchants who complete the following tasks during the Promotion Period, will stand a chance to qualify for a share of 5,000 BUSD in maker fee rebates, which will be distributed in the form of token vouchers.
  • Post at least two unique advertisements for NGN trading pairs that feature the Instant Bank Transfer automated payment method during the Promotion Period.
  • Complete a minimum of ten orders that are worth at least $20 equivalent each on Binance P2P per day during the Promotion Period, while using the Instant Bank Transfer automated payment method.
All eligible merchants will then be ranked by their total trading volume on Binance P2P during the Promotion Period. The top 15 merchants will share 5,000 BUSD in maker fee rebates based on their individual transaction fees on Binance P2P during the Promotion Period, as a proportion of the total P2P transaction fees by the top 15 merchants during the same period.
Rewards Calculation:
Maker fee rebates for each qualified merchant = (Individual transaction fees by the merchant on Binance P2P during the Promotion Period / Total transaction fees by the top 15 merchants on Binance P2P during the Promotion Period) * 5,000 BUSD in token vouchers
Please Note:
  • To support the Instant Bank Transfer automated payment method, eligible merchants are required to complete one of the following forms, depending on whether they are individual P2P merchants or corporate P2P merchants.
  • Maker fee rebates will be distributed in the form of token vouchers. The maker fee rebates that each qualified merchant may receive in this Promotion is capped at 350 BUSD in token voucher.
For More Information:
Terms and Conditions:
  • This Promotion is only available to verified P2P merchants who are identified as Nigerian users via KYC and receive an email invitation from Binance P2P.
  • Only P2P trades on NGN trading pairs that are completed with the Instant Bank Transfer automated payment method during the Promotion Period will count toward the orders and trading volume requirements in this Promotion.
  • The Binance Terms and Conditions for Prize Promotions apply to this Promotion.
  • Binance will use the NGN to USD foreign exchange rate for the calculation of the user trading volume requirement.
  • Token voucher rewards will be distributed within three weeks after the promotion ends. You will be able to log in and redeem your voucher via Account > Reward Center.
  • The maker fee rebates that each qualified merchant may receive in this Promotion is capped at 350 BUSD in token vouchers.
  • All the distributed vouchers will expire within two weeks after distribution. Eligible users should claim their vouchers before the expiration date.
  • Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
  • Binance reserves the right to disqualify trades that are deemed to be illegally bulk registered accounts.
  • Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. These fluctuations may affect the value of digital assets you buy or sell on the Binance P2P platform, which may be lower or higher at the time of and after completion of the transaction. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. By using the Binance P2P platform you trade digital assets directly with other users. Binance facilitates transactions by releasing the digital assets once the offline fiat currency exchange is confirmed by both parties. The trading amount, price and conditions of each advertisement are set by the user publishing it. All payments are final upon completion, unless otherwise required by law. Binance has neither the right nor the obligation to resolve any disputes arising from a completed payment. Binance is not liable for any loss you incur in connection with a completed payment. Not financial advice. For more information, see our Terms of Use and Risk Warning.