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

Fellow Binancians,

Binance P2P is excited to launch an exclusive USDC campaign for both new and existing P2P Merchants. Post USDC Ads during the campaign period and earn up to 100% maker fee discount in token vouchers! 

Join the Promotion Now!

Promotion Period: 2024-05-21 00:00 (UTC) - 2024-06-04 23:59 (UTC).

How to Participate:

  • Confirm registration on the activity page. 

  • All merchants must fulfill all of the requirements below to be eligible for rewards:

    • Trade USDC trading pairs with at least 100 unique counterparties on Binance P2P during the Promotion Period.

    • Accumulate a total USDC maker trading volume of at least $25,000 equivalent (including buy and sell) on Binance P2P during the Promotion Period.

    • Show at least 5% growth in the total USDC maker trading volume on Binance P2P during the Promotion Period, compared to the baseline period from 2024-05-06 00:00 (UTC) to 2024-05-20 23:59 (UTC).

All eligible merchants will be ranked by the following three indices during the Promotion Period: 

Indices

Description

Weight

Maker USDC trading volume growth

Growth in the participant's USDC maker trading volume, compared to the baseline period

40%

Number of unique counterparties that a merchant has traded with in USDC trading pairs

Number of unique counterparties that the participant has traded with  in USDC trading pairs during the Promotion Period/Total number of unique counterparties that all participants have traded with during the Promotion Period

40%

Order completion rate 

Completion rate = 1 - taker cancel/(no. of taker orders + completed orders as seller) in USDC trading pairs

20%

The top 100 merchants can receive the reward as shown in the table below:

Eligible Participant’s Ranking at the End of the Promotion Period 

Maker Fee Discount Percentage on Qualified USDC Maker Trading Volume

Maximum Reward in USDC Token Vouchers

1st

100%

300 USDC

2nd 

100%

250 USDC

3rd

100%

200 USDC

4th-5th

50%

100 USDC

6th-100th 

20%

50 USDC

For more information

Terms & Conditions:

  • Only verified merchants in the selected region who click [Join Now] on the activity page during the Promotion Period will be eligible to join this promotion.

  • Only successfully filled maker volume on Binance P2P during the Promotion Period will count toward users’ trading requirements or the calculations of users’ total USDC maker volumes in this Promotion.

  • All token voucher rewards will be distributed within four weeks after the Promotion ends. Users will be able to log in and redeem their token vouchers via Profile > Rewards Hub.

  • All 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.

Thank you for your support!

Binance Team

2024-05-20