Promotion Period: 2024-07-01 00:00 (UTC) - 2024-07-28 23:59 (UTC).
Binance is excited to launch an exclusive incentive for all outstanding P2P Merchants. Stay active during the campaign period and earn up to 200 USDT in token vouchers weekly!
Sign up on the activity page.
All merchants must fulfill all of the requirements below to be eligible for rewards:
Trade with at least 100 unique counterparties across any trading pairs weekly during the promotion period. Only counterparties that have a single order of at least 50 USDT equivalent for any cryptocurrency will count toward rewards calculation.
Accumulate a total maker trading volume of at least 30,000 USDT equivalent (including buys and sells) on Binance P2P weekly during the promotion period.
Maintain at least 3 online advertisements (including buys and sells) for 50 hours a week.
Achieve an order completion rate of at least 98%.
All eligible merchants will be ranked by the following four criterias during the promotion period, as described in the table below.
Note:
*If the reference price is 82, then the set price would be a maximum of 90.2 up or minimum of 73.8 down (.i.e. 10% difference from the reference price which can be found on P2P Merchant Portal page).
The top 30 merchants can qualify for rewards as shown in the table below:
Note:
*The final reward amount that the eligible winners ranked 5th to 30th will receive from the 500 USDT rewards pool, will be based on the proportion of their maker trading volume during the promotion period.
Reward for each eligible winner = (Winner’s maker volume / Total maker volume of eligible participants) * Rewards Pool
Only verified merchants who click [Join Now] on the activity page during the Promotion Period will be eligible to join this promotion in the selected region.
Only successfully filled maker volume on Binance P2P during the Promotion Period will count toward users’ trading requirements or the calculations of users’ total maker volumes in this promotion.
Each week is defined as Monday to Sunday (00:00 to 23:59 UTC).
Only unique counterparties with orders of at least 50 USDT in equivalent can count toward rewards calculation.
Weekly winners will be notified by the email associated with their Binance account. All token voucher rewards will be distributed within two weeks after the Promotion ends. Users will be able to log in and redeem their token vouchers via Profile > Rewards Hub.
All the distributed token vouchers will expire within two weeks after distribution. Eligible users should claim their vouchers before the expiration date.
The Binance Terms and Conditions for Prize Promotions apply to this promotion.
Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or performing wash trade, or not in accordance with any applicable terms and conditions.
Binance reserves the right to disqualify trades that are deemed to be from illegally bulk account registrations.
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.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: 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.
