Binance P2P is launching two promotions exclusively for new Binance P2P users in the Hungarian forint (HUF) market.

Activity Period: 2022-09-14 12:00 (UTC) - 2022-09-21 12:00 (UTC)

Promotion A:

All new Binance P2P users who complete their first order (buy or sell) in HUF on Binance P2P worth at least 20,000 HUF during the activity period will be eligible to participate in this promotion.

Ten eligible users will be selected based on the Award Selection Rules Based on BNB Beacon Chain Hash Value to each receive a 10 BUSD Gift Card.

Promotion B:

Users who complete their first trade (buy or sell) in HUF on Binance P2P worth at least 20,000 HUF during the activity period will qualify for this promotion.

The top three users with the highest net P2P trading volume in HUF on Binance P2P during the activity period will be rewarded based on the following reward structure.

Reward Structure:

Ranking by Net P2P Trading Volume*	Reward (in Gift Card)
1st Place	80 BUSD
2nd Place	40 BUSD
3rd Place	20 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.
• The Binance terms and conditions for prize promotions apply to this activity.
• Promotions A and B are only valid for existing or new Binance users who complete their first trade on Binance P2P worth at least 20,000 HUF during the activity period.
• Promotions A and B are applicable 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 rewards for the promotions are mutually exclusive. Users who qualify for the rewards in Promotion B will not be eligible for Promotion A rewards.
• Rewards will be distributed in the form of BUSD Gift Cards within two weeks after the activity ends.
• Gift Card rewards will be sent through email with a unique Binance Gift Card redemption code to the email address bound to the user’s Binance UID, and users can claim their Gift Cards on Binance App or website. To redeem via Binance App, visit the homepage > Profile > Gift Card. Please make sure your app is updated to iOS 2.32.0 or Android 1.43.0 or above. Users who do not have an email address bound to UID will not receive the rewards. Learn how to use a Gift Card.
• All the distributed Gift Cards will expire within 14 days after distribution. Eligible users should claim their Gift Cards before the expiration date.
• 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.