Binance P2P Upgrades Merchant VIP 3 Privileges | Binance Support

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

Fellow Binancians,

Binance P2P will be upgrading the benefits and privileges for verified P2P merchants who qualify for Merchant VIP 3 under the Binance P2P Merchant VIP Program. 

Effective from 2023-07-01 00:00 (UTC), the first 80 verified P2P merchants who qualify for Merchant VIP 3 under the Binance P2P Merchant VIP Program and meet all of the following requirements in each calendar month, will each receive a VIP+1 Upgrade Voucher by the first week of the following calendar month.

• Be a regular Binance user or Binance VIP 1-2 user

• Reach a total monthly trading volume of at least $1,000,000 equivalent on Spot, Margin and/or Futures.

Guides and Related Materials:

• Introduction to P2P Trading

• How to Post Trade Advertisements on Binance P2P (App/Web)

• How to Become a Binance P2P Merchant

• Binance P2P Merchant Program

• How to Redeem a VIP Upgrade Voucher

Notes:

• The aforementioned VIP Upgrade Voucher rewards are only applicable to verified P2P merchants who qualify for Merchant VIP 3 under the Binance P2P Merchant Program. 

• All VIP Upgrade Voucher rewards for each calendar month will be distributed to eligible P2P merchants by the first week of the following calendar month. Eligible P2P merchants will be able to log in and redeem their vouchers via Profile > Rewards Hub.

• The validity period for the VIP Upgrade Voucher is set at seven days from the day of distribution. Upon activation, the VIP upgrade will last for a period of 30 days. Learn how to redeem VIP Upgrade Vouchers.

• Eligible P2P merchants can only activate one VIP Upgrade Voucher at a time. If a VIP upgrade is still active, users will not be able to redeem and activate other VIP Upgrade Vouchers until the existing VIP upgrade has expired.

• As per the Terms of Use and in compliance with local regulations, certain Rewards Hub features may not be available in your region.

• Binance reserves the right to make changes to the Merchant VIP Program based on a comprehensive review of market conditions and other relevant factors.

• Binance reserves the right to cancel or amend the voucher rules at its sole discretion.

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

Thanks for your support!

Binance Team

2023-06-19

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.

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. The Binance P2P platform provides a channel to trade digital assets directly with other users and 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.