Binance has launched a new promotional campaign for its P2P trading platform, offering a total of 5,000 FDUSD token voucher rewards. This initiative is for users who have not traded P2P on Binance since January 2024. According to an announcement from Binance, the promotion aims to encourage re-engagement and reward loyal users.
Promotion Details
This promotion will run from 05:30 (UTC+5.5) on August 28, 2024 to 05:29 (UTC+5.5) on October 2, 2024. All P2P users who receive an app push, in-mail or email about this promotion, register and purchase at least 60 units will be eligible. USDT Alternatively, you can participate by paying an equivalent amount via Binance P2P during the promotion period.
How to participate
Eligible users will be ranked based on their cumulative P2P deposit volume each week during the promotion period. The top 200 users each week will be eligible to share a prize pool of 1,000 FDUSD in token vouchers. Each eligible user’s reward will be calculated based on the total P2P deposit volume of all eligible participants in that week. However, the reward per eligible participant is capped at 40 FDUSD in token vouchers.
Terms of Use
- This promotion is only available to verified P2P recipients who receive notifications via app push, in-mail or email. P2P sellers are not eligible.
- Only users from certain jurisdictions who have completed KYC and clicked “Join Now” on the activity page are eligible to receive rewards.
- Participants agree to the Promotion Terms and Conditions, Binance’s General Terms of Use and Privacy Policy.
- Only P2P taker purchases are counted when calculating total purchases.
- Each eligible participant can only receive one reward in 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).
- This activity applies to all fiat currencies supported on the Binance P2P platform.
- Binance will use the daily closing price in your local currency and the US dollar exchange rate to calculate your purchase amount during the promotion period.
- All token voucher rewards will be distributed within 14 days after the campaign ends. Users can redeem token vouchers via Profile > Rewards Hub.
- Token vouchers expire within 2 weeks of distribution. Eligible users must claim their vouchers before the expiration date.
- Binance reserves the right to disqualify any participant who engages in fraudulent activity or violates the applicable Terms of Use.
- Binance reserves the right to disqualify any trades that are deemed wash trading or exhibit attributes of self-dealing or market manipulation.
- Binance reserves the right to amend or change these Terms of Use without prior notice, including canceling, extending, terminating or discontinuing any activity.
- In case of any discrepancies between the translated version and the original English version, the English version shall prevail.
This promotional campaign is in line with Binance’s broader efforts to increase user engagement on its P2P platform. This initiative not only brings back inactive users, but also boosts overall trading activity on the platform.
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