Osama Ahmed Issa

According to Odaily, a recent survey conducted by the Federal Reserve highlights significant financial challenges faced by American consumers. The findings indicate that 52% of U.S. consumers are unable to cover a $2,000 emergency expense solely through savings, while 31% cannot manage an unexpected $500 expenditure.

The survey also reveals that a record 37% of respondents in 2024 identified inflation and rising prices as their primary financial concerns. This marks an increase from 35% in 2023, 33% in 2022, and just 8% in 2016. These statistics underscore the growing impact of economic pressures on household finances across the United States.

This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Southern Africa is keen to hear your goals for the year, participate in the promotions for a chance to get an exclusive Binance merch and 5 USDT!
Promotion A: Share Your New Year Goals for a Chance to Get Exclusive Binance Merch
Promotion Period: 2025-01-06 10:00 (UTC+2) to 2025-01-15 10:00 (UTC+2)
Share your new year goals by sending us a video or a picture. We will select 10 winners with the highest number of likes and comments to each receive an exclusive Binance merch.
How to Participate:
Share a picture or a video of your goals by tagging Binance South Africa on any of our social media channels: Facebook (pictures or videos), Instagram (stories or reels)
Example: (video) My goal for 2025 is to get fitter! #BinanceSouthAfrica
Promotion B: Refer A Friend to Share the 5,000 USDT Reward Pool
Promotion Period: 2025-01-16 10:00 (UTC+2) to 2025-01-31 10:00 (UTC+2)
Refer a friend to Binance for a chance to share the 5,000 USDT reward pool! Eligible users can get 5 USDT each on a first-come, first-served basis, limited to one reward per eligible user.
Download the latest version of Binance App.Log in to your Binance account and make sure you’ve completed identity verification (KYC). Share your referral link with a friend and get them to sign up using it. They must download the app, log in, and complete KYC. Once you and your friend have completed this, DM us “done” and your User ID on the page/platform that you saw the Promotion. The Binance Southern Africa team will verify your participation.
Terms & Conditions:
This Promotion is only applicable to users in South Africa. Users in restricted regions are disqualified from participating in the Binance Referral Program as referrers or referred users.Reward Distribution:For Promotion A: Users need to message Binance Southern Africa team within 14 days after the Promotion ends, on the platform they participated in (e.g., if the user submitted their entry via Instagram, they should message us on Instagram) and provide their shipping address for the prize to be delivered via courier. Prizes will be distributed within 14 working days after the winners announcement. Please note that it may take longer for the prize to arrive if the user is residing in a remote location within South Africa.For Promotion B: Rewards will be distributed within 30 working days after the end of the Promotion Period. Users will be able to login and see their rewards in their Spot Wallets.Users must have their accounts verified to be eligible for any rewards.Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the promotion. This includes, but is not limited to, registering from the same IP or device, bulk-account registrations to farm additional bonuses, and any other activity connected with unlawful, fraudulent, or harmful purposes. Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.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.At Binance's sole discretion, user participation will be considered without effect and users will automatically be excluded, disqualified and prevented from accumulating benefits, in cases where it is identified.Any violations of Binance's Terms of Use and its Privacy Notice, as well as attempted or proven fraud, human and/or through the use of technology; Manipulation of results or failure to fulfill the requirements and provisions set forth in these Terms and Conditions; Completion, by the user, of incorrect, outdated, mistaken information or filled with untrue information, and may also be liable for the crime of ideological or documental falsehood; Registrations and participations for which any technological means have been used or there are indications of their use, whether electronic, computerized, digital, robotic, repetitive, automatic, mechanical and/or analogous, with the intention of automatic and/or repetitive reproduction of registrations, identical or not, which will also result in the nullity of all registrations and participations made by the user who has used one of the aforementioned means or for one of the aforementioned purposes, even if not all registrations or participations have resulted from the use of such means and/or were carried out with such purpose.
Thank you for your support!
Binance Team
2025-01-06
Note: This announcement was updated on 2025-01-08 to clarify the reward pool for Promotion B is 5,000 USDT.