Binance P2P Launches $8,000 Promotion for African Users

Iris Coleman Sep 24, 2024 09:33

Binance P2P introduces a promotion for African users, offering up to $8,000 in rewards for completing trades.

Binance P2P has announced an exciting new promotion for users in selected African jurisdictions, allowing participants to share up to $8,000 worth of various cryptocurrencies, according to Binance.com.

The promotion, known as the 'P2P Africa Hot Coin Festa,' will run from September 24, 2024, at 08:00 UTC to October 14, 2024, at 08:00 UTC. Eligible users who complete crypto purchases on Binance P2P during this period can participate in the reward program, which includes hot coins such as Dogs (DOGS), Hamster Kombat Token (HMSTR), Notcoin (NOT), Pepe (PEPE), and Tether (USDT).

How To Participate

To join the promotion, users need to follow these steps:

• Click on [Join Now] on the activity page.
• Complete the tasks in either Promotion A or Promotion B to be eligible for rewards.
• Select the preferred coin on the survey page to redeem rewards in DOGS, HMSTR, NOT, PEPE, or USDT.

The first 1,000 new Binance P2P users who register and make their first purchase of at least $10 equivalent in any cryptocurrency during the promotion period will be eligible for a 15% cashback on their first purchase, with rewards capped at $5 worth of their selected coin in token vouchers.

Additionally, all users who register and reach a total trading volume of at least $150 equivalent via P2P trading during the promotion period will be eligible. The top 500 eligible users, ranked by cumulative trading volume, will equally share a $3,000 prize pool.

Terms & Conditions

To qualify for the promotion, participants must:

• Complete identity verification in the Africa region and click [Join Now] on the activity page during the promotion period.
• Ensure that only taker purchasing or trading volume will count toward the total purchase or trading volume calculations.
• Choose their preferred coin on the coin preference survey page before the promotion ends; otherwise, rewards will be awarded in USDT by default.
• Be aware that the actual number of tokens received will be based on the exchange rate specified on the coin preference survey page if participants choose a coin other than USDT.
• Note that rewards will be distributed in token vouchers within four weeks after the activity ends. The validity period for the token voucher is two weeks from the day of distribution.

Binance reserves the right to disqualify trades deemed to be wash trades or those involving illegally bulk registered accounts, self-dealing, or market manipulation. Participants from jurisdictions with prohibitions or restrictions related to this campaign will be excluded.

For further details, users can refer to the additional promotion terms and conditions on the Binance website.

Image source: Shutterstock

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