This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
To celebrate Diwali among South Asian communities and reward users during this festive season, Binance P2P is giving away $5,000 equivalent in token vouchers. Redeem these vouchers as gifts for your friends and family!
Activity Period: 2024-10-29 00:00 (UTC) to 2024-11-19 23:59 (UTC)
How to Participate?
Click “Join Now” on the Activity page.
Achieve a P2P trading volume of at least $350 or equivalent during the Activity Period to qualify for this Activity.
All eligible users will be ranked based on the increase in their P2P trading volume before and during the Activity Period, as per the table below.
Reward Structure:
Notes:
Rewards calculation for the top 21st - 100th users: Reward per each qualified user = (Net P2P trading volume during the Activity Period / Total net P2P volume during the Activity Period of all eligible participants) * 4,000 USDT
Increase in Eligible Users’ P2P Trading Volume = Eligible User’s P2P trading volume during the Activity Period - Eligible User’s P2P trading volume 3 weeks before the Activity begins
Terms & Conditions
Only users from the South Asia region who complete KYC, click “Join Now” on the activity page, and receive a notification about this Activity via app push, inmail, or email will be qualified to receive any rewards.
By participating in this Activity, you agree to these Activity Terms, and the following terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy; all of which are incorporated by reference into these terms and conditions.
In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy.
Only taker volume at Binance P2P will be counted towards the Activity’s eligible volume.
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.
This Activity is applicable to all fiat currencies supported on Binance P2P and Buy Crypto.
Binance will use the daily closing price of the local currency to USD foreign exchange rate to calculate users’ net trading volumes on Binance P2P during the Activity Period.
All token voucher rewards will be distributed within three weeks after the Activity ends. Users will be able to log in and redeem their token vouchers via Profile > Rewards Hub.
All the distributed token vouchers will expire within two weeks after distribution. Eligible users should claim their vouchers before the expiration date.
Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk account registrations, as well as trades that display attributes of 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 terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, the eligibility terms and criteria, the selection and number of persons awarded, and the timing of any act to be done, and all Participants shall be bound by these amendments.
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
2024-10-29
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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.
