Binance P2P is launching a new promotion for new P2P users in the Africa region, where eligible users will stand a chance to share up to 3,230 BUSD in token vouchers.

Activity Period: 2022-12-09 12:00 (UTC) to 2022-12-15 12:00 (UTC)

To participate in this promotion and qualify for rewards, new P2P users need to complete their first purchase of any cryptocurrency worth at least $50 equivalent in any eligible local currency on Binance P2P during the Activity Period. The first 300 eligible users will qualify to equally share 3,000 BUSD in token voucher rewards.

In addition, the top three users with the highest net trading volume on Binance P2P during the activity period, will stand to share a separate rewards pool of 230 BUSD in token vouchers, as per the following rewards structure:

Ranking by by Net P2P Trading Volume*	Rewards (in BUSD Token Voucher)
1st Place	100 BUSD
2nd Place	80 BUSD
3rd Place	50 BUSD

*Net P2P trading volume = Total P2P purchase amount - Total P2P sell amount

Terms & Conditions:

• All users must have their accounts verified to trade on Binance P2P. Only users who complete account verification in the Africa region will qualify for rewards.
• The Binance terms and conditions for prize promotions apply to this activity.
• This activity is only valid for existing or new Binance users who have never traded on Binance P2P before the activity period.
• This activity is open to takers only.
• Taker: When you place an order that trades immediately without going on the order book on p2p.binance.com, you are a taker. These trades are "taking" volume off the order book, and are therefore taker trades.
• The local currencies that are eligible for the promotion are ETB, GHS, KES, TZS, UGX, XAF and XOF.
• Binance will use the average closing price at 23:59:59 (UTC) of the local currency to USD exchange rates during the activity period for the calculation of the user purchase volume requirement and users’ net trading volumes.
• Rewards will be distributed in the form of BUSD token vouchers within two weeks after the activity ends. Users will be able to login and see their rewards via Account > Reward Center.
• The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a voucher.
• 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 its sole discretion.

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. The value of your investment can go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. The Binance P2P service provides a channel to trade digital assets directly with your counterparties and serves as a facilitator of the transaction by releasing the digital assets to the buyer once the offline fiat currency exchange is confirmed by both parties. 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. Neither Binance nor any merchants shall be 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.