Binance P2P has announced an exclusive campaign for P2P sellers that offers significant incentives for USDC trading. According to Binance, the campaign will offer up to a 100% maker fee rebate in token vouchers to eligible merchants who actively post USDC ads during the promotion period.
Promotion Details
The promotion is set to run from 00:00 UTC on May 21, 2024 until 23:59 UTC on June 4, 2024. During this period, merchants who post USDC ads and participate in successful transactions will enjoy significant maker fee discounts, while the top 100 merchants will receive rewards based on their transaction performance.
Eligibility Criteria
To participate, merchants must be verified in their region and click the ‘Join Now’ button on the promotional activity page within the specified time period. Only transactions completed during the promotion period will count towards a participant’s trading volume and reward eligibility.
Reward Distribution
All token voucher rewards will be distributed within 4 weeks of the end of the promotion. Eligible users can redeem their vouchers through the Binance Rewards Hub. It is important to note that all token vouchers expire within two weeks of distribution and must be redeemed in a timely manner.
Terms of Use
This campaign is subject to Binance’s standard terms and conditions for product promotions. The Platform reserves the right to disqualify any participant who engages in fraudulent activity, wash trading or otherwise violates the applicable Terms and Conditions. Additionally, Binance reserves the discretion to modify or cancel the promotion at any time without prior notice.
market impact
Binance’s plans come at a time when stablecoins like USDC are gaining prominence in the cryptocurrency market. By encouraging peer-to-peer trading of USDC, Binance liquidity Encourage more traders to actively participate in the market. This move is likely to strengthen Binance’s position in the competitive landscape of cryptocurrency trading platforms.
For more details and participation instructions, merchants should visit the official Binance announcement page.
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