Announcement
Home
Support Center
Announcement
Latest Activities
P2P Africa Merchants Exclusive: Post Ads to Enjoy Up to 100% Maker Fee Rebate in USDT Token Vouchers

P2P Africa Merchants Exclusive: Post Ads to Enjoy Up to 100% Maker Fee Rebate in USDT Token Vouchers

2024-06-18 12:00

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/Region

Rankings by Total Number of Qualified Orders Completed During Promotion Period

Maker Fee Rebate Rate on Qualified Orders Completed During Promotion Period

Maximum Maker Fee Rebate per User (in Token Vouchers)

Kenya (KE) and Ghana (GH)

1st - 3rd place

100%

200 USDT 

4th - 10th place

50%

100 USDT 

11th - 85th place

30%

50 USDT

Other Africa regions 

1st - 3rd place

100%

200 USDT

4th - 10th place

50%

100 USDT 

11th - 85th place

30%

50 USDT 

For more information

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

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

Find us on 

Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices can be volatile. These fluctuations may affect the value of digital assets you buy or sell on the Binance P2P platform, which may be lower or higher at the time of and after completion of the transaction. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. By using the Binance P2P platform you trade digital assets directly with other users. Binance facilitates transactions by releasing the digital assets once the offline fiat currency exchange is confirmed by both parties. The trading amount, price and conditions of each advertisement are set by the user publishing it. All payments are final upon completion, unless otherwise required by law. Binance has neither the right nor the obligation to resolve any disputes arising from a completed payment. Binance is not liable for any loss you incur in connection with a completed payment. Not financial advice. For more information, see our Terms of Use and Risk Warning.