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This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance P2P is excited to present a new promotion for P2P merchants in the Africa region. Merchants can post advertisements with any qualified local currency trading pairs on Binance P2P and stand a chance to receive 100% rebates on maker fee in token vouchers.
Join the Promotion Now!
Promotion Period: 2024-06-19 00:00 (UTC) - 2024-07-17 23:59 (UTC)
Eligible merchants who fulfill all of the requirements will be ranked by their total number of qualified P2P orders completed during the Promotion Period. Based on merchants’ KYC country/region in their Binance account, the top 85 merchants in each category will be eligible to receive up to 100% maker fee rebate in USDT token vouchers, as shown in the table below.
How to Participate
Click [Join now] to confirm participation on the activity page.Complete maker trades with at least 50 unique counterparties on any qualified local currency pairs on Binance P2P.Complete a minimum of 100 orders, each with a value of at least $20 equivalent.Reach a total maker volume of at least $15,000 equivalent on any qualified local currency pairs on Binance P2P.
Merchant’s KYC Country/RegionRankings by Total Number of Qualified Orders Completed During Promotion PeriodMaker Fee Rebate Rate on Qualified Orders Completed During Promotion PeriodMaximum Maker Fee Rebate per User (in Token Vouchers)Kenya (KE) and Ghana (GH)1st - 3rd place100%200 USDT 4th - 10th place50%100 USDT 11th - 85th place30%50 USDTOther Africa regions 1st - 3rd place100%200 USDT4th - 10th place50%100 USDT 11th - 85th place30%50 USDT
For more information
P2P Merchant Program ApplicationWhat Is the Binance P2P Merchant Program and Why You Should Become a MerchantHow Do I Become a Binance P2P MerchantWhat Is the Binance P2P Merchant VIP Program
Terms & Conditions
Only verified merchant makers who complete identity verification in the Africa region and click [Join now] on the Activity Page during the Promotion Period will be eligible for rewards. Maker: When you place an ad that goes on the order book on p2p.binance.com, any subsequent trades coming from that order will be as a “maker”. These ads add liquidity to the order book, helping to "make the market", and are therefore termed the "maker" for any subsequent trades.Eligible local currencies for this Promotion: AOA, BIF, BWP, CDF, ETB, GHS, GMD, GNF, KES, KMF, MGA, MRU, MUR, MZN, NAD, RWF, SOS, TZS, UGX, XAF, XOF, ZAR, ZMW.Binance will use the daily closing price of the local currency to USD foreign exchange rate to calculate each merchant’s maker volume on Binance P2P during the Promotion Period.Rewards will be distributed in the form of USDT token vouchers within four weeks after the Promotion ends. Users will be able to login and redeem their token voucher rewards via Profile > Rewards Hub.The validity period for the token voucher is set at two weeks from the day of distribution. Learn how to redeem a voucher.Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation. Binance reserves the right to disqualify user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk-registered accounts, self dealing, or market manipulation).Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Promotion Terms without prior notice, including but not limited to canceling, extending, terminating, or suspending this Promotion, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.Additional Promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-06-18