This is a general notice. Products and services mentioned here may not be available in your area.

Dear Binance Community,

Binance P2P is pleased to launch an exclusive USDC program for both new and existing P2P Merchants. Post USDC ads during the promotion period and receive up to 100% maker fee discount in the form of token vouchers!

Join the program now!

Program time: 07:00 May 21, 2024 (Vietnam Time) - 06:59 June 5, 2024 (Vietnam Time).

How to join:

  • Confirm registration on activity page.

  • All merchants must meet all of the requirements below to be eligible for the rewards:

    • Trade USDC trading pairs with at least 100 different partners on Binance P2P during the Promotion Period.

    • Accumulate a total USDC maker trading volume equivalent to at least 25,000 USD (including buys and sells) on Binance P2P during the Promotion Period.

    • Achieve at least 5% total USDC maker trading volume growth on Binance P2P during the Program Period, compared to the base period from 07:00 May 6, 2024 (UTC) to 06: 59 May 21, 2024 (Vietnam Time).

All qualified merchants will be ranked on the following three metrics during the Program Period:

Index

Describe

Weight

USDC maker trading volume growth

Growth in participants' USDC maker trading volume compared to the base period

40%

The number of different counterparties a trader has traded with using USDC trading pairs

Number of different counterparties that participants traded with in USDC trading pairs during the Promotion Period/Total number of different counterparties that all participants traded with during the Promotion Period programme

40%

Order completion rate

Completion rate = 1 - number of taker order cancellations/(number of taker orders + completed orders as seller) in USDC trading pairs

20%

Top 100 merchants can receive rewards as shown in the table below:

Ranking of qualified participants at the end of the program

Maker fee discount percentage depends on qualifying USDC maker trading volume

Maximum reward in USDC token vouchers

Firstclass

100%

300 USDC

Second class

100%

250 USDC

Third place

100%

200 USDC

Rank 4-5

50%

100 USDC

Rank 6-100

20%

50 USDC

Further reference information

Terms and condition:

  • Only verified merchants in the selected region who click [Join Now] on the activity page during the Promotion Period are eligible to participate in the program this program.

  • Only maker volumes successfully matched on Binance P2P during the Promotion Period will be counted towards a user's trading request or used to calculate the user's total USDC maker volume in this Promotion.

  • All voucher token rewards will be distributed within four weeks after the Promotion ends. Users will be able to log in and redeem their voucher tokens via Profile > Rewards Station.

  • All voucher tokens will expire within two weeks after allocation. Eligible users must claim the voucher before the expiration date.

  • The Binance Terms and Conditions for Rewards Program shall apply to this Program.

  • Binance will disqualify users if they commit fraud or engage in wash trading or do not comply with any applicable terms and conditions.

  • Binance will disqualify transactions deemed to originate from illegal mass account registration.

  • Binance reserves the right, at its sole discretion and/or to amend or modify these terms and conditions at any time without prior notice, including but not limited to canceling, extending, terminating or suspending the program. this offer, the conditions and eligibility criteria, selection and number of winners, duration of performance and all Participants must comply with these amendments.

  • The translation of the article and the original English version may have differences. Please refer to the original for the latest or most accurate information if there are any discrepancies.

Thanks for your support!

Binance team

20/05/2024