Binance P2P Launches Exclusive Promotion for African Users with 10,000 USDT Reward Pool

Binance P2P has unveiled a new promotion targeting users in selected African jurisdictions, according to Binance.com. The initiative offers a reward pool of 10,000 USDT in token vouchers for eligible participants who top up their Binance accounts during the promotion period.

Promotion Details

The promotion runs from June 19, 2024, 00:00 UTC to July 17, 2024, 23:59 UTC. New users who purchase at least 20 USDT equivalent via P2P Trading on Binance during the promotion period will receive a 3 USDT token voucher cashback. This reward is limited to the first 1,000 users who meet the criteria and confirm their registration on the campaign's landing page.

Participation Criteria

To participate, users must confirm their registration on the designated landing page and achieve a total trading volume of at least 100 USDT equivalent through P2P Trading during the promotion period. The top 1,000 participants, ranked by cumulative trading volume, will share a 7,000 USDT cashback prize pool.

Reward Calculation

The cashback reward for each qualified user is determined by the formula: (User’s total trading volume via P2P Trading during the Promotion Period / The top 1,000 users’ total trading volume via P2P Trading during the Promotion Period) * 7,000 USDT. The maximum reward per user is capped at 15 USDT in token vouchers.

Eligible Currencies and Verification

Only takers who complete identity verification in the Africa region and click [Join now] on the activity page during the promotion period will be eligible for rewards. The eligible local currencies for this promotion include AOA, BIF, BWP, CDF, ETB, GHS, GMD, GNF, KES, KMF, MGA, MRU, MUR, MZN, NAD, RWF, SOS, TZS, UGX, XAF, XOF, ZAR, and ZMW.

Terms and Conditions

• Rewards will be distributed as USDT token vouchers within four weeks after the promotion ends. Users can redeem their rewards via the Rewards Hub.
• The token vouchers will be valid for two weeks from the distribution date.
• Binance reserves the right to disqualify trades that are considered wash trades, illegally bulk registered accounts, or trades that display self-dealing or market manipulation.
• Binance reserves the right to amend or vary the promotion terms without prior notice.

For more detailed information, users can refer to the official announcement on Binance's website.