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