This is a general announcement. Products and services referred to here may not be available in your region.
Binance P2P is excited to celebrate the season of love with new P2P users this Valentineâs Day, where both eligible takers and makers alike will stand to share a total of 8,000 USDT in token voucher rewards across two promotions.
Promotion Period: 2023-02-14 10:00 - 2023-02-28 10:00 (UTC)
Promotion A: Complete Your First Trade on Binance P2P to Get a 5 USDT Token Voucher (Takers only)
This promotion is open for new takers only. During the Promotion Period, the first 1,000 eligible users who confirm their participation in this promotion and complete their first trade (buy or sell) of at least $30 equivalent with an eligible local currency in a single transaction on Binance P2P, can each receive a 5 USDT token voucher.
Promotion B: Post Your First Advertisement on Binance P2P to Qualify for a 10 USDT Token Voucher (Makers Only)
In addition, during the Promotion Period, the first 300 new makers who confirm their participation in this promotion and post advertisements traded with eligible local currencies on Binance P2P for the first time, will qualify to each receive a 10 USDT token voucher.
To be eligible for rewards, makers are required to meet the following criteria during the Promotion Period:
- Complete trades with at least three unique counterparties.
- Achieve an overall order completion rate of at least 95%.
- Attain a minimum total trading volume (include buys and sells) of at least $1,000 equivalent by the end of the Promotion Period.
For More Information:
- Introduction to P2P Trading
- Binance P2P Newbie Guide
- How to Buy Cryptocurrency on Binance P2P (App/Web)
- How to Sell Cryptocurrency on Binance P2P (App/Web)
- How to Create An Ad To Buy Or Sell Crypto on Binance P2P
Terms & Conditions
- Users must click [Join now] on the activity page to successfully participate in this promotion.
- Both Promotions A and B are subject to the Terms & Conditions for Prize Promotions.
- Eligible fiat currencies for Promotions A and B: CLP, COP, DOP, EUR, GHS, KES, MXN, NGN, PEN, RUB, UAH, UYU and ZAR.
- Promotion A is only applicable to takers who have not traded on Binance P2P prior to 2023-02-14 10:00 (UTC), while Promotion B is only applicable to makers who create and post their first advertisements on Binance P2P during the Promotion Period. Please note that Promotion B is not open to P2P merchants.
- Taker: When you place an order on Binance P2P that trades immediately before going on the order book, you are a taker. These trades are âtakingâ volume off the order book, and are therefore taker trades.
- Maker: When you place an ad that goes on the order book on p2p.binance.com, any subsequent trades coming from that order will be as a âmakerâ. These ads add liquidity to the order book, helping to "make the market", and are therefore termed the "maker" for any subsequent trades.
- Rewards for Promotions A and B are mutually exclusive. Each user may qualify for a maximum of one reward only. If an eligible user qualifies for rewards from both Promotions, he/she will only receive the reward with a higher value (i.e., a 10 USDT token voucher from Promotion B).
- Binance will use the daily local currency to USD foreign exchange rate for the calculation of the user purchase and maker volume requirements in Promotions A and B respectively.
- Token voucher rewards will be distributed within three weeks after the Promotions end. You will be able to log in and redeem your voucher via Account > Reward Center.
- All the distributed vouchers will expire within two weeks after distribution. Eligible users should claim their vouchers before the expiration date.
- Sub-accountsâ trading volume wonât be combined with the master accountâs 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 these Promotions, 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.