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

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

Binance P2P is launching a new promotion for users who invite their friends to join Binance! Get your friends to experience Binance P2P for the first time to grab a share of 3,000 BUSD in rewards!

The top referrer with the highest number of successful referrals, as well as the referral with the highest trading volume on Binance P2P during the Promotion Period, will also each receive an iPhone 14 (128GB).

Promotion Period: 2022-12-01 08:00 - 2022-12-31 08:00 (UTC)

Promotion A: Stand a Chance to Receive an iPhone 14 (128GB) & Share 3,000 BUSD in Rewards (Referrers Only)

To qualify for rewards in this Promotion, referrers are required to confirm their participation in this promotion and invite their friends to register a Binance Account via a unique Standard Referral Link/ID. To obtain the Standard Referral Link/ID, users should enter the “P2PNEW” code in the “Note” section under “Advanced Referral Setting” on the Binance App, or “Change Referral Settings” on the Binance website.

In order for the referral task to be successful, referrals must:

• Complete account verification and click [register now] on the activity page during the Promotion Period
• Make their first purchase of at least $10 equivalent for any cryptocurrency in a single transaction on Binance P2P during the Promotion Period.

Qualified referrers will be ranked by the total number of successful referrals they have attained during the Promotion Period. The top 30 referrers will be eligible to share 3,000 BUSD in token vouchers based on their respective number of successful referrals, as a proportion of all successful referrals by the top 30 qualified referrers. The reward per qualified referrer is capped at 200 BUSD in token voucher.

• Rewards Calculation: The reward for each qualified referrer = (Number of successful referrals made by the referrer / Total number of successful referrals made by the top 30 qualified referrers) * 3,000 BUSD in token vouchers.

On top of the 3,000 BUSD token voucher rewards pool, the top referrer with the highest number of successful referrals during the promotion, will be eligible to receive an iPhone 14 (128GB) in the form of BUSD token vouchers. The referrer has to obtain at least 20 successful referrals during the promotion to qualify.

Promotion B: Join Binance via Your Friend’s Standard Referral Link/ID & Complete Your First P2P Trade to Stand a Chance to Receive an iPhone 14 (128GB) (Referrals Only)

This promotion is open to all new users who register for a Binance Account via Standard Referral Links/IDs that are generated with the “P2PNEW” code during the promotion.

Eligible users who confirm their participation in this promotion and make their first purchase of at least $10 equivalent for any cryptocurrency in a single transaction on Binance P2P during the Promotion Period, will be ranked by their total trading volume (including buys and sells) on Binance P2P during the Promotion Period. The top user with the highest total P2P trading volume will qualify to receive an iPhone 14 (128GB) in the form of BUSD token vouchers.

Guides & Related Materials:

• How to Use Binance Referral Program
• Introduction to P2P Trading
• Binance P2P Newbie Guide
• How to Buy Cryptocurrency on Binance P2P (App/Web)

Terms & Conditions

• The Binance Terms and Conditions for Prize Promotions apply to this promotion.
• The promotion is only available to verified users who click [Register now] on the activity page during the Promotion Period.
• Both referrers and referrals may qualify for rewards only when the former invites the latter to sign up with Binance using Standard Referral Links/IDs that are generated with the “P2PNEW” code during the promotion.
• The rewards for Standard Referrals and the Lite Referral Mode are mutually exclusive. If a referral signs up using a user’s Lite Referral ID/link, the user will not be eligible for Standard Referral rewards, and vice versa.
• The promotion is available for all fiat currencies supported on the Binance P2P platform.
• Reward Distribution:
  • Binance P2P will use $799 as the retail price of Apple iPhone 14 (128GB), as listed on the Apple US website, and reward eligible users with an equivalent amount in BUSD token vouchers. The reward does not include taxes, shipping fees, and any other additional fees.
  • BUSD token voucher rewards will be distributed within three weeks after the promotion ends. You will be able to login and redeem your voucher rewards via Account > Reward Center.
  • All the distributed token vouchers will expire within 14 days after distribution. Eligible users should claim their vouchers before the expiration date.
• Binance will use the daily local currency to USD foreign exchange rate for the calculation of the user purchase volumes in this promotion.
• Illegally bulk registered accounts and sub-accounts shall not be eligible to participate or receive any rewards.
• Sub-accounts’ trading volume won’t be combined with the master account’s standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
• 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.
• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

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.