P2P Africa Maker Competition: Complete Maker Trades on Binance P2P to Get Up to 100 USDT in Token Vouchers! | Binance Support

This is a general announcement. Products and services referred to here may not be available in your region.

Activity Period: 2023-08-08 05:00 (UTC) - 2023-09-05 04:59 (UTC)

Binance P2P is pleased to announce a new maker competition for users in Africa! 

For each week of the Activity Period, eligible users who fulfill all of the following requirements will be ranked by their weekly maker volume on Binance P2P. The top five makers of the week will then be eligible to share a weekly rewards pool (i.e., 300 USDT in token vouchers), as shown in the table below. 

• Confirm their participation in this Activity.

• Complete maker trades with at least five unique counterparties on any qualified local currency pairs at Binance P2P.

• Reach a weekly maker volume of at least $600 equivalent on any qualified local currency pairs at Binance P2P.

Weekly Rewards Pool:

Notes:

• Each week runs from Tuesday, 05:00 (UTC) to Tuesday, 04:59 (UTC) of the following week. 

• Only trades on eligible local currency pairs will count toward the calculation of weekly maker volume for each week of the Activity Period.

• Each eligible user can qualify for a maximum of one reward only. If an eligible user qualifies for rewards from several weeks, he/she will only receive the reward from the first week he/she qualifies.

• To learn how to post trade advertisements on Binance P2P, please refer to this FAQ.

Terms & Conditions:

• Only makers who complete identity verification in the Africa region and click [Join now] on the activity page during the Activity Period will be eligible for any rewards. 

• Maker: When you place an ad that goes on the order book on p2p.binance.com, any subsequent trades coming from that order will be as a “maker”. These ads add liquidity to the order book, helping to "make the market", and are therefore termed the "maker" for any subsequent trades.

• Eligible local currencies for this Activity: NGN, GHS, KES, UGX, XAF, XOF, TZS, RWF, ETB, ZMW, AOA, CDF, CVE, GNF, GMD, MRU, LRD and SLL.

• Binance will use the daily closing price of the local currency to USD foreign exchange rate for the calculation of users’ weekly maker volume on Binance P2P for each week of the Activity Period.

• Rewards will be distributed in the form of USDT token vouchers within two 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 14 days from the day of distribution. Learn how to redeem a voucher.

• 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. 

• 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.

• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

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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.

Risk Warning: 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.