This is a general announcement. The products and services described herein may not be available in your region.
Reminder. To qualify for a reward, click the Register button on the promotion page.
Binance P2P and Binance Simple Earn are launching two promotions with rewards for the community. New users of the express zone on Binance P2P and products with fixed terms of Simple Earn will be able to participate. There will be a prize pool in the form of test funds for fixed term products worth 45,000 UFT.
Promotion period: from 05/11/2023 13:00 to 05/31/2023 13:00 (Moscow time).
Promotion A: Get 10 UFT Test Funds Voucher for Fixed Products with your first Express Purchase on Binance P2P (Takers Only)
This promotion is only available to takers who have not traded in the express zone on Binance P2P before 05/11/2023 13:00 UTC.
During the promotion, the first 2,000 eligible users who elect to participate and complete one of the following tasks will be eligible to receive 10 UFT worth of Fixed Product Test vouchers and earn a 10% APR reward:
Make your first purchase of any cryptocurrency for a minimum amount equivalent to $50 in the express zone on Binance P2P using any fiat currency OR
Make your first purchase of any amount of UFT using any fiat currency in the express zone on Binance P2P.
Promotion B: Sign up for UFT flexible products and receive a 5 UFT test credit voucher for fixed terms products
Only those users who did not subscribe to products with flexible or fixed terms of Simple Earn before 05/11/2023 13:00 (Moscow time) will be able to take part in this promotion. During the promotion, the first 5,000 users who elect to participate and subscribe to UFT Fixed Terms products for a minimum amount of 50 UFT will be eligible to receive a test credit voucher for Fixed Terms products worth 5 UFT and a 10% reward in the form APR.
Notes
Upon activation of the trial funds voucher for UFT Fixed Terms products, a UFT Fixed Terms product item will be created on eligible users' accounts for 150 days. This will entitle users to a 10% reward in the form of APR, which will be credited daily to their spot wallets.
Upon expiration of a Fixed Terms product position created using a Test Funds Voucher for Fixed Terms UFT Products, Binance Simple Earn will transfer the principal amount of the voucher funds to the Simple Earn Flexible Products balance.
Participate in the promotion
Additional Information
What is UniLend (UFT)?
What you need to know about P2P Express
How to Buy or Sell Cryptocurrency in the Express Zone on Binance P2P (App/Website)
What is Binance Simple Earn
How to activate a test voucher for fixed-term products
Terms and conditions
To take part in the promotion, you need to click the Register button on the promotion page. Users can participate in Promotion A and Promotion B at the same time.
Promotions A and B are subject to the prize promotion terms and conditions.
Before subscribing to Binance Simple Earn platform products, please read the platform's Terms of Use.
The rewards in Promotions A and B are not mutually exclusive. Users can participate and receive rewards through two promotions.
Promotion A:
Promotion A is open to all fiat currencies.
Promotion A is only available to takers who have not made any transactions in the express zone on Binance P2P before 05/11/2023 13:00 (UTC).
By placing an order on Binance P2P that is executed immediately without going into the order book, you are acting as a taker. Such transactions take (take - from English “to take”) volume from the order book and are therefore called taker transactions.
Binance will use the daily local currency to USD exchange rate at 23:59 (UTC) to calculate users' required purchase volume for Promotion A.
Each eligible Promotional Participant will only be able to receive one 10 UFT Voucher in Promotion A.
Promotion B:
Promotion B is only available to users who sign up for Binance Simple Earn Flexible or Fixed Terms products for the first time during the promotion.
Each eligible promotion participant will only be able to receive one 5 UFT voucher in Promotion B.
Test voucher rewards for fixed term products will be distributed within three weeks of the end of the promotion. You can log in and redeem your voucher from the Rewards Center menu.
Once rewards are distributed, winners will be required to redeem their vouchers within 14 days. Winners must claim their vouchers before they expire.
Upon activation of test credit vouchers for UFT Fixed Products received through Promotion A and/or B, a 150-day UFT Fixed Product item will be created on eligible users' accounts. This will entitle users to a 10% reward in the form of APR.
Upon expiration of a Fixed Terms product position created using a Test Funds Voucher for Fixed Terms UFT Products, Binance Simple Earn will transfer the principal amount of the voucher funds to the Simple Earn Flexible Products balance.
Detailed information about test vouchers for fixed term products is available in the FAQ section.
Sub-account trading volume will be combined with main account trading volume in the final tally. Sub-accounts will not be treated as separate accounts for this promotion.
Binance reserves the right to disqualify and withhold rewards from a member if it detects fraudulent activity on the part of the member (such as wash trading, illegal mass account registrations, signs of merchant self-dealing, or market manipulation).
Binance reserves the right to determine and/or change these terms and conditions, participant requirements, number of participants, participant selection rules and the timing of any action if such a decision is justified by important reasons, which include the following:
changes in existing rules and regulations;
obligation by law or according to decisions of courts of general jurisdiction and government;
rules regarding anti-money laundering and anti-financial terrorism;
technical problems beyond our control;
the need to protect users from possible losses;
the need to protect Binance's reputation;
unforeseen events and circumstances beyond our control (force majeure).
If the translation and the original English version of the terms differ, the English version shall prevail.
Risk warning. Digital asset prices may be volatile. Price fluctuations may affect the value of digital assets you buy or sell on the Binance P2P platform. The value may fall or rise during and after the transaction. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. The Binance P2P platform is a channel for transacting digital assets with other users. The platform makes transactions easier as the transfer of digital assets occurs after both parties confirm offline receipt of fiat currency. The transaction amount, its price and conditions within each advertisement are set by the user who published it. All payments upon completion of the transaction are final, unless otherwise provided by law. Binance has no right or obligation to resolve disputes related to a completed payment. Binance is not responsible for any losses you incur as a result of the payment. The material does not constitute financial advice. Additional information is available in the Terms of Use and Risk Disclosure.
