Wang Long Chai
November 15, 2024 12:34
Binance has launched a promotion for P2P users in Africa, offering up to 200 USDT as a reward for accurate BTC price predictions and completing P2P purchases.
Binance has unveiled a new promotional campaign targeting both new and returning users of its African peer-to-peer (P2P) trading platform. According to Binance, the initiative, which will run from November 15 to December 12, 2024, will allow eligible participants to earn token vouchers worth up to 200 USDT by participating in specific activities.
Participation details
To participate in the promotion, users must first predict the price of Bitcoin (BTC) against USDT on the date 08:00 UTC, December 16, 2024. These predictions must be submitted via the designated activity link. Additionally, participants must complete a P2P purchase worth at least $10 of any cryptocurrency through the Binance P2P platform during the promotion period.
Rankings and Rewards
Participants are ranked based on the accuracy of their BTC price predictions, and the top 12 closest predictors are rewarded with USDT token vouchers. If multiple users provide the same prediction, submission time will be used as the deciding factor, with those submitting first receiving higher rankings.
Eligibility and Conditions
This promotion is open to new users who did not trade on Binance P2P before November 15, 2024, and returning users who did not engage in P2P trading after September 15, 2024. Only verified takers from the African region who submit their predictions through the activity will be eligible to receive rewards on the page during the promotion period.
Local currencies eligible for this promotion include AOA, BIF, BWP, CDF, DJF, ETB, GHS, GMD, GNF, KES, KMF, LRD, MGA, MRU, MZN, NAD, RWF, SCR, SLL, SOS, TZS, UGX , XAF, XOF, ZAR and ZMW. Binance utilizes the daily closing price of the local currency at the USD exchange rate to calculate purchase volume on its P2P platform.
Reward Distribution
Rewards will be distributed as token vouchers within 4 weeks of the end of the promotion. Users can redeem these vouchers through the Binance Rewards Hub and their validity period is two weeks from the date of distribution.
Terms of Use
Binance reserves the right to disqualify transactions that appear to be wash trades, involve illegally registered bulk accounts, or exhibit attributes of self-dealing or market manipulation. Participants from territories where the campaign is prohibited or restricted are excluded. The Company also reserves the right to modify or cancel the promotion at its discretion.
Image source: Shutterstock