Binance P2P Offers Cash Merchant Challenge with 7000 USDT Prize Pool

Binance P2P has announced an enticing opportunity for its users with the introduction of the 'Become a Cash Merchant' challenge. This initiative is designed for eligible participants trading in the Binance P2P Cash Zone, promising a total prize pool of 7,000 USDT in token vouchers, according to Binance.com.

Eligibility and Rewards

The promotion, which commenced on November 14, 2024, will run until January 31, 2025. Participants must complete the onboarding process for the Binance P2P Cash Merchant Program and operate a cash trade store for at least 30 days to qualify for rewards. Each eligible merchant can earn a 30 USDT token voucher.

The first 100 merchants to meet these criteria will share a prize pool of 3,000 USDT under Promotion A, distributed on a first-come, first-served basis. Additionally, merchants can earn more by inviting friends to join, with both the inviter and invitee receiving token vouchers under Promotion B. Here, a total of 4,000 USDT is up for grabs, rewarding the first 100 pairs who qualify.

Terms and Conditions

Participation is restricted to verified Binance users from eligible regions. Rewards from both promotions can be accumulated, and the promotions are not mutually exclusive. However, availability may vary based on regional legal and regulatory requirements.

Binance emphasizes that Cash Merchants are not representatives of the platform and do not conduct transactions on its behalf. The company also reserves the right to amend or impose additional restrictions on access to Binance P2P services.

Rewards will be distributed within five weeks after the promotion ends and must be claimed within 14 days of distribution. Users can redeem their vouchers via the Rewards Hub on the Binance platform.

Additional Information

Participants are advised to be aware of any jurisdictional restrictions regarding Binance P2P services. Binance retains the authority to disqualify participants acting fraudulently or not in compliance with the terms and conditions.

For further details on the terms and conditions, users can refer to the Binance Prize Promotions Terms. The platform also highlights potential risks associated with P2P transactions and advises users to trade cautiously.