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.
Image
source:
Shutterstock
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