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Binance P2P: Make Recurring Purchases to Share 7 BNB in Token Voucher Rewards

Binance P2P: Make Recurring Purchases to Share 7 BNB in Token Voucher Rewards

2023-05-18 07:00

This is a general announcement. Products and services referred to here may not be available in your region.

Reminder: Click the [Join now] button on the activity page to be eligible for rewards

Binance P2P is excited to present a “Recurring Purchase'' challenge for all eligible Binance users. During the Promotion Period, all users who fulfill at least three successful buy orders on any Nigerian Naira (NGN), Kenyan Shilling (KES), Ghanaian Cedi (GHS) and South African Rand (ZAR) trading pairs on Binance P2P as takers will have a chance to get up to 1 BNB in token voucher. 

Promotion Period: 2023-05-18 08:00 (UTC) - 2023-06-14 08:00 (UTC)

During the Promotion Period, all takers who sign up on the activity page and fulfill at least three successful purchases with each transaction worth at least $35 equivalent on any Nigerian Naira (NGN), Kenyan Shilling (KES), Ghanaian Cedi (GHS) and South African Rand (ZAR) trading pairs on Binance P2P will be eligible for rewards.

Prize Distribution:

Eligible users who have fulfilled at least three successful buy orders on Binance P2P as takers will be entered into reward tiers, depending on how many successful buy orders they have completed. 

Tier

Total Number of Qualified P2P Purchases During the Promotion Period

Winner Selection

Reward (in Token Vouchers)

1

At least eight purchase transactions

Top three users ranked by their total volume of qualified purchases on Binance P2P during the Promotion Period

1 BNB each

2

At least three to seven purchase transactions

Top 100 users ranked by their total volume of qualified purchases on Binance P2P during the Promotion Period


All eligible users to share a 4 BNB prize pool

Reward Calculation

The reward for each qualified user among the top 100 users in this tier = (User’s total volume of qualified purchases on Binance P2P during the Promotion Period / Top 100 users’ total volume of qualified purchases on Binance P2P during the Promotion Period) * 4 BNB token vouchers. Note: Rewards are capped at 0.1 BNB in token voucher per user.

For More Information:

Terms and Conditions:

  • The Promotion applies only to Binance users who complete KYC in Nigeria, Ghana, Kenya, or South Africa.

  • Only P2P purchases on NGN, GHS, KGS, and ZAR trading pairs during the Promotion Period will count toward the purchasing volume requirements.

  • Only users who complete account verification by the end of the Promotion Period will be eligible for rewards. 

  • The Promotion is only available to verified users who click [Join now] on the activity page during the Promotion Period.

  • The Binance Terms and Conditions for Prize Promotions apply to this Promotion.

  • The local currencies eligible for this Promotion are NGN, GHS, KGS, and ZAR.

  • This Promotion is applicable to takers only. 

  • Taker: When you place an order on Binance P2P that trades immediately before going on the order book, you are a taker. These trades are “taking” volume off the order book, and are therefore taker trades.

  • Each user may qualify for a maximum of one reward from this Promotion. If a user qualifies for a reward under Tier 1, the user will not be eligible to receive any rewards under Tier 2.

  • Binance will use the daily closing price at 23:59:59 (UTC) of the local currency to USD foreign exchange rate for the calculation of the user purchase volume requirements.

  • Token voucher rewards will be distributed within three weeks after the Promotion ends. Users will be able to log in and redeem their token vouchers via [Profile] - [Dashboard] - [Rewards Hub].

  • All the distributed token 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 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.