Binance P2P is launching a summertime special giveaway for you and your friends. Invite your friends to experience Binance P2P for the first time and earn together.
Promotion Period: 2021-08-09 08:00 AM (UTC) to 2021-08-16 08:00 AM (UTC)
Invite Your Friends to Earn Uncapped Bonus
Invite your friends to register for a Binance account during the promotion and earn a bonus for every successful referral you make.There is no limit to the number of friends you can invite. The more you invite, the more you earn. This promotion is for 1 week only. Grab your buddies now, as you know itâs a win-win situation.
Reward for every friend you invite during the promotion period is as follows:
No. of Friends Invited | Rewards in BUSD |
11th and above | 5 BUSD each |
6th - 10th | 3 BUSD each |
1st - 5th | 2 BUSD each |
How to Sign Up and Participate?
- Step 1: Create your unique invitation link/QR code. Make sure you put âP2PSummerspecialâ in the note section, and tick the default box. Read this guide for more details.
- Step 2: Share your unique invitation link/QR code with a friend who has never registered with Binance before.
- Step 3: Your friend must click on the invitation link (or scan the QR code) to sign up for a Binance account and get KYC verified within the promotion period.
- Step 4: Your friend must buy at least $100 worth of cryptocurrencies on Binance P2P within the promotion period.
Turn Up the Volume: Share 200 BUSD with Your Friends
During the promotion period, you and your friends will form a team and be measured by your Net Trading Volume on Binance P2P. With a Net Trading Volume of $300,000, you and your friends can equally share 200 BUSD. The more you trade, the higher the prize pool.
The prize pool will be equally split among you and your friends as per the table below.
Trading Volume (USD) | Rewards in BUSD |
⼠$300,000 | 200 BUSD |
⼠$100,000 and < $300,000 | 150 BUSD |
⼠$50,000 and < $100,000 | 100 BUSD |
⼠$30,000 and < $50,000 | 50 BUSD |
⼠$10,000 and < $30,000 | 20 BUSD |
Example:
During the promotion period, if one (1) inviter successfully invites three (3) friends, and the inviter and 3 invitees trade a minimum total Net Trading Volume of $300,000, then all of the four (4) will equally share the 200 BUSD prize pool, with 50 BUSD each.
Further reads:
- How to register an account on Binance
- How to create your own unique referral link/QR code
- How to get yourself KYC verified
- What is P2P Trading
- How to Buy Crypto on Binance P2P Platform
- How to Sell Crypto on Binance P2P Platform
Terms and Conditions
- To be eligible for the rewards, you must either be an inviter or an invitee who successfully registers for a Binance account via an inviterâs invitation link or QR code, completes verification and buys at least $100 worth of cryptocurrencies on Binance P2P during the promotion period.
- Net Trading Volume = Total P2P buy amount - total P2P sell amount
- Inviter and the referrals who only trade (buy or sell) between themselves during this promotion period are not eligible to win the team rewards. No more than 30% of the trading volume of a team should come from the trades between the inviter and the referrals.
- The promotion is available to all markets (fiat currencies) supported on the Binance P2P platform.
- Binance will use the fiat currency to USD foreign exchange rate at 2021-08-16 08:00 AM (UTC) for the calculation of the $100 new user purchase volume requirements and the team Net Trading Volume.
- Rewards in the form of BUSD will be distributed within 2 weeks after the promotion ends. You will be able to login and see your rewards via Wallets > Transaction History > Distribution.
- 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.
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.