Binance P2P Offers 5,000 FDUSD to Users in Welcome Back Campaign

Binance
has
launched
a
new
promotional
campaign
for
its
P2P
trading
platform,
offering
a
total
of
5,000
FDUSD
in
token
voucher
rewards.
This
initiative
targets
users
who
have
not
engaged
in
P2P
trading
on
Binance
since
January
2024.
According
to
the
announcement
on

Binance,
the
promotion
aims
to
incentivize
re-engagement
and
reward
loyal
users.

Promotion
Details

The
promotion
runs
from
August
28,
2024,
at
05:30
(UTC+5.5)
to
October
2,
2024,
at
05:29
(UTC+5.5).
All
P2P
users
who
receive
an
app
push,
inmail,
or
email
about
this
promotion,
register
for
it,
and
make
a
purchase
of
at
least
60





USDT
or
equivalent
via
Binance
P2P
during
the
promotion
period
will
be
eligible
to
participate.

How
to
Participate

Eligible
users
will
be
ranked
based
on
their
accumulated
P2P
deposit
volume
on
a
weekly
basis
throughout
the
promotion
period.
The
top
200
users
each
week
will
qualify
to
share
a
prize
pool
of
1,000
FDUSD
in
token
vouchers.
The
reward
for
each
qualified
user
is
calculated
based
on
their
total
P2P
deposit
volume
relative
to
the
total
deposit
volume
from
all
eligible
participants
of
the
week.
However,
the
reward
per
qualified
participant
is
capped
at
40
FDUSD
in
token
vouchers.

Terms
and
Conditions

• This
  promotion
  is
  open
  only
  to
  verified
  P2P
  takers
  who
  receive
  notifications
  about
  it
  via
  app
  push,
  inmail,
  or
  email.
  P2P
  merchants
  are
  not
  eligible.
• Only
  users
  from
  select
  jurisdictions
  who
  complete
  KYC
  and
  click
  “Join
  Now”
  on
  the
  activity
  page
  will
  qualify
  to
  receive
  rewards.
• Participants
  agree
  to
  the
  promotion’s
  terms
  and
  conditions,
  as
  well
  as
  Binance’s
  general
  Terms
  of
  Use
  and
  Privacy
  Policy.
• Only
  P2P
  taker
  purchasing
  volume
  will
  count
  towards
  the
  total
  purchase
  volume
  calculations.
• An
  eligible
  participant
  may
  receive
  only
  one
  reward
  from
  the
  campaign,
  with
  a
  maximum
  reward
  amount
  of
  40
  FDUSD.
• Each
  week
  is
  defined
  as
  from
  Monday
  00:00
  (UTC)
  to
  Sunday
  23:59
  (UTC).
• The
  activity
  applies
  to
  all
  fiat
  currencies
  supported
  on
  the
  Binance
  P2P
  platform.
• Binance
  will
  use
  the
  daily
  closing
  price
  of
  the
  local
  currency
  to
  USD
  foreign
  exchange
  rate
  for
  the
  calculation
  of
  users’
  purchasing
  volumes
  during
  the
  promotion
  period.
• All
  token
  voucher
  rewards
  will
  be
  distributed
  within
  14
  days
  after
  the
  campaign
  ends.
  Users
  can
  redeem
  their
  token
  vouchers
  via
  Profile
  >
  Rewards
  Hub.
• Token
  vouchers
  will
  expire
  within
  two
  weeks
  after
  distribution.
  Eligible
  users
  should
  claim
  their
  vouchers
  before
  the
  expiration
  date.
• Binance
  reserves
  the
  right
  to
  disqualify
  participants
  acting
  fraudulently
  or
  not
  in
  accordance
  with
  the
  applicable
  terms
  and
  conditions.
• Binance
  reserves
  the
  right
  to
  disqualify
  trades
  deemed
  to
  be
  wash
  trades
  or
  those
  displaying
  attributes
  of
  self-dealing
  or
  market
  manipulation.
• Binance
  reserves
  the
  right
  to
  amend
  or
  vary
  these
  terms
  and
  conditions
  without
  prior
  notice,
  including
  canceling,
  extending,
  terminating,
  or
  suspending
  the
  activity.
• In
  case
  of
  any
  discrepancies
  between
  translated
  versions
  and
  the
  original
  English
  version,
  the
  English
  version
  shall
  prevail.

This
promotional
campaign
aligns
with
Binance’s
broader
efforts
to
enhance
user
engagement
on
its
P2P
platform.
The
initiative
not
only
incentivizes
inactive
users
to
return
but
also
boosts
overall
trading
activity
on
the
platform.

Image
source:
Shutterstock