This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance P2P is launching an exclusive promotion for all Binance P2P users in South Africa! Eligible users who trade with Binance P2P Shield Merchants can share a total prize pool of 8,300 DOGE in token vouchers.
The Binance P2P Shield Merchant Program is designed to make cryptocurrency trading safer and faster, making trades more secure and efficient.
Promotion Period: 2025-01-02 08:00 (UTC) - 2025-02-07 08:00 (UTC)
The first 100 users who confirm their participation and complete their first P2P trade (including buy or sell) of at least $500 equivalent in any South African Rand (ZAR) trading pairs in a single transaction with Shied Merchants on Binance P2P during the Promotion Period, will receive 5% cashback on their first eligible P2P trade, capped at 80 DOGE per user, distributed on a first-come, first-served basis.
All users who confirm their participation will be ranked based on the total taker trading volume (including buys and sells) with Shield Merchants in any South African Rand (ZAR) trading pairs during the Promotion Period. The top 3 users will receive DOGE rewards in token vouchers, as per the table below.
Shield Merchants are Binance P2P merchants who have committed a security deposit. To identify Shield Merchants, look for the shield icon next to their names.
Only takers who complete identity verification in South Africa and click [Register Now] on the activity page during the Promotion Period will be eligible for any rewards.
Taker: When you place an order on Binance P2P that trades immediately before going on the order book, you are a taker. These trades are “taking” volume off the order book, and are therefore taker trades.
Please note that only taker trading will count toward the total trade calculations in the aforementioned promotions.
Users can only win a maximum of one reward in this Promotion, which will be based on the highest reward they earn.
For example, if the user is qualified for 50 DOGE in Promotion A and 30 DOGE in Promotion B, they will only receive the 50 DOGE reward.
Eligible local currencies for this Promotion: ZAR.
Reward Distribution:
A total of 8,000 DOGE is available for Promotion A, distributed on a first-come, first-served basis.
A prize pool of 300 DOGE is available for Promotion B.
Rewards will be distributed in the form of token vouchers within four weeks after the Activity 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 three weeks from the day of distribution. Learn how to redeem a voucher.
Binance will use the daily closing price of the local currency to USD foreign exchange rate for the calculation of users’ purchase volume on Binance P2P during the Promotion Period.
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.
Users from jurisdictions that have prohibitions or restrictions relating to this campaign shall be excluded.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
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 Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, 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 between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-01-02
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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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.
