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Binance P2P: Try Instant Pay to Share 3,000 FDUSD in Rewards & Enjoy Up to 100% Maker Fee Rebates!

Binance P2P: Try Instant Pay to Share 3,000 FDUSD in Rewards & Enjoy Up to 100% Maker Fee Rebates!

2024-04-09 10:47

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 Binance users in selected African countries, where eligible P2P takers and merchants can share 3,000 FDUSD in token voucher rewards and enjoy up to 100% maker fee rebates.  

Join the Promotion Now!

Promotion Period: 2024-04-10 00:00 (UTC) - 2024-05-08 23:59 (UTC)

Promotion A: Complete P2P Trades With “Instant Pay” to Share 3,000 FDUSD in Rewards

This promotion is open to takers only. To qualify for rewards, eligible takers must confirm their participation and make their first cryptocurrency purchase of at least $25 equivalent using the “Instant Pay'' automated payment method for any GHS or KES trading pair on Binance P2P during the promotion period. 

The first 1,000 qualified participants will each receive a 3 FDUSD token voucher

Promotion B: Post New Ads on Binance P2P to Receive Up to 100% Maker Fee Rebates

Eligible Binance P2P merchants who fulfill all of the following requirements during the promotion period will qualify to participate in Promotion B:

  • Register for the promotion.

  • Post at least two advertisements featuring the “Instant Pay” automated payment method for any GHS or KES trading pairs on Binance P2P

  • Trade with at least five unique counterparties using “Instant Pay” automated payment method.

  • Complete a minimum of 20 orders of at least $25 equivalent each using the “Instant Pay” automated payment method.

All qualified participants will then be ranked by the total number of qualified orders they complete during the promotion period. Please note that only Binance P2P orders of at least $25 equivalent for any GHS or KES trading pairs that are completed using the “Instant Pay” automated payment method during the promotion period, will count as qualified orders.

The top seven qualified participants will each receive up to 100% rebates on the maker fees incurred on qualified orders according to the rewards structure below.  

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)

1st Place

100%

250 FDUSD 

2nd Place

100%

200 FDUSD 

3rd Place

100%

150 FDUSD 

4th - 7th Places

50%

100 FDUSD 

For More Information:

Terms and Conditions:

  • These promotions are only applicable to users with KYC status from selected African countries. Promotion A is open to takers only, while Promotion B is open to Binance P2P merchants who fulfill the aforementioned requirements during the promotion period only.

  • Takers refer to users who place an order on Binance P2P that trades immediately before going on the order book. These trades are “taking” volume off the order book, and are therefore taker trades.

  • Only users who complete identity verification and click [Join Now] on the activity page during the promotion period will be eligible to join these promotions.

  • The Binance Terms and Conditions for Prize Promotions apply to these promotions.

  • Only trades on any GHS or KES trading pairs that use the “Instant Pay” automated payment method on the Binance P2P platform, will count as qualified trades or orders in the aforementioned promotions.

  • Binance will use the daily closing price of the local currency to USD foreign exchange rate to calculate the value of Binance P2P trades completed by eligible participants’ during the Promotion Period.

  • All token voucher rewards will be distributed within three weeks after the promotion ends. Users will be able to log in and redeem their token vouchers via Profile > Rewards Hub.

  • All the distributed token vouchers will expire within two weeks after distribution. Eligible users should claim their vouchers before the expiration date.

  • Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.

  • Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk-account registrations, as well as trades that display attributes of 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 terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.

Thank you for your support!

Binance Team

2024-04-09

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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.