Binance is launching a P2P trading campaign, where users can stand a chance to win a share of 30,000 BUSD prize pool.
Activity Period: 2021-07-07 08:00 AM (UTC) to 2021-07-16 08:00 AM (UTC)
Promotion A: New User Exclusive Prize Pool of 10,000 BUSD
During the promotion period, all users who complete their first purchase of crypto worth $100 or above on Binance P2P will equally share the 10,000 BUSD prize pool.
Promotion B: Top 100 Makers Prize Pool of 20,000 BUSD
A prize pool of 20,000 BUSD will be rewarded to the top 100 eligible makers ranked by the number of unique users they trade with during the activity period.
Meanwhile, the top 100 winners also get to enjoy the additional perks below:
- Exclusive upgrade to a verified merchant to enjoy 20% trading fee discount until further notice
- Enjoy VIP +1 endorsement for 30 days
The prize distribution will be as per the table below.
User Ranking | Rewards in BUSD |
1st | 2,500 |
2nd | 2,000 |
3rd | 1,500 |
4th | 1,000 |
5th | 500 |
6th - 10th | 300 each |
11th - 50th | 150 each |
51st - 100th | 100 each |
To be eligible for the rewards, makers must meet all the following requirements during the promotion period:
- Achieve an overall order completion rate of at least 90%;
- Trade with at least 30 unique users;
- Process both buy and sell transactions;
- Complete a minimum total trading volume of $10,000
Terms and conditions
- If you donât have a Binance account, click here to get a 10% trading fee discount. The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. The 10% futures trading fee discount shared by the inviter will last for 30 days from the date of Futures account activation.
- A maker means a user who posts trade ads and processes transactions.
- The promotion is available to all markets (fiat currencies) supported on the Binance P2P platform.
- Promotion A is for takers only, and promotion B is for makers only. Promotion A winners will not be eligible for Promotion B. A user CANNOT be eligible for rewards in both promotions.
- Binance will use the local currency to USD foreign exchange rate at 2021-07-16 08:00 AM (UTC) for the calculation of the $100 crypto purchase requirement and the $10,000 maker volume requirement.
- Rewards will be distributed within 2 weeks after the competition ends. You will be able to log in and redeem your token voucher via Account > Reward Center.
- The cashback reward expires seven (7) days after the date of receipt. Users may refer to the âinstructionâ on the cashback voucher for information on the cashback reward time. Users will not be able to apply or use the remaining balance of the cashback vouchers in any way once the cashback reward time has expired. Click here for the voucher redemption guide.
- Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
- Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion
Disclaimer: Your use of the Binance P2P services and all information and other content (including that of third parties) included in or accessible from the Binance P2P services is at your sole risk. Our only responsibility is to handle crypto transactions. All payments are final upon completion unless otherwise required by law. Binance P2P platform has neither the rights nor the obligations to resolve any disputes arising from a completed payment. Neither Binance P2P platform nor merchants shall be responsible for your loss in a completed payment.
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.