Binance P2P Offers 15,000 FDUSD in Rewards for MENASA Users

Binance
P2P
is
launching
an
exclusive
promotion
for
users
in
the
Middle
East,
North
Africa,
and
South
Asia
(MENASA)
region,
offering
15,000
FDUSD
in
token
voucher
rewards.
The
initiative
aims
to
welcome
new
users
and
reward
existing
ones
for
their
continued
support.

The
promotion
runs
from
June
27,
2024,
to
July
25,
2024,
and
is
divided
into
two
main
parts:
Promotion
A
and
Promotion
B.

Promotion
A:
First
P2P
Purchase
Reward

First-time
Binance
P2P
users
from
the
MENASA
region
who
register
for
the
promotion
and
make
their
first
purchase
of
at
least
50
USDT
or
equivalent
will
receive
a
3
FDUSD
token
voucher.
This
reward
is
limited
to
the
first
3,000
users
who
qualify
during
the
promotion
period.

Promotion
B:
Share
6,000
FDUSD

All
Binance
P2P
users
who
register
for
the
promotion
and
make
a
purchase
of
at
least
100
USDT
or
equivalent
will
be
eligible
to
share
a
prize
pool
of
6,000
FDUSD
token
vouchers.
Users
will
be
ranked
based
on
their
accumulated
P2P
deposit
volume
during
the
promotion
period,
and
the
top
2,000
users
will
qualify
to
share
the
rewards.

The
reward
for
each
qualified
user
will
be
calculated
as
follows:

• (Their
  total
  P2P
  deposit
  volume
  during
  the
  promotion
  /
  Total
  P2P
  deposit
  volume
  from
  all
  eligible
  participants)
  *
  6,000
  FDUSD
  in
  token
  vouchers.
• The
  reward
  per
  qualified
  participant
  is
  capped
  at
  40
  FDUSD
  in
  token
  vouchers.

Terms
and
Conditions

To
participate,
users
must
complete
KYC
and
click
“Join
Now”
on
the
activity
page.
By
participating,
users
agree
to
the
Activity
Terms,
Binance
Terms
and
Conditions
for
Prize
Promotions,
Binance
Terms
of
Use,
and
Binance
Privacy
Policy.

Only
P2P
taker
purchasing
volume
will
count
towards
the
total
purchase
volume
calculations.
A
taker
is
defined
as
a
user
who
places
an
order
that
trades
immediately
before
going
on
the
order
book.

Rewards
from
both
Promotion
A
and
Promotion
B
can
be
combined,
with
a
maximum
reward
amount
of
43
FDUSD.
The
promotion
is
applicable
to
all
fiat
currencies
supported
on
the
Binance
P2P
platform,
and
the
daily
closing
price
of
the
local
currency
to
USD
exchange
rate
will
be
used
for
calculations.

Token
voucher
rewards
will
be
distributed
within
three
weeks
after
the
promotion
ends,
and
users
can
redeem
their
vouchers
via
the
Rewards
Hub.
All
distributed
vouchers
will
expire
within
two
weeks
of
distribution.

Binance
reserves
the
right
to
disqualify
any
participants
acting
fraudulently
or
not
in
accordance
with
the
terms
and
conditions.
Additionally,
trades
deemed
to
be
wash
trades,
bulk
account
registrations,
self-dealing,
or
market
manipulation
may
also
lead
to
disqualification.

For
more
details,
refer
to
the
official

Binance
announcement.

Image
source:
Shutterstock