Binance P2P Offers 5,000 FDUSD to Users in Welcome Back Campaign

Binance has launched a new promotional campaign for its P2P trading platform, offering a total of 5,000 FDUSD in token voucher rewards. This initiative targets users who have not engaged in P2P trading on Binance since January 2024. According to the announcement on Binance, the promotion aims to incentivize re-engagement and reward loyal users.

Promotion Details

The promotion runs from August 28, 2024, at 05:30 (UTC+5.5) to October 2, 2024, at 05:29 (UTC+5.5). All P2P users who receive an app push, inmail, or email about this promotion, register for it, and make a purchase of at least 60 USDT or equivalent via Binance P2P during the promotion period will be eligible to participate.

How to Participate

Eligible users will be ranked based on their accumulated P2P deposit volume on a weekly basis throughout the promotion period. The top 200 users each week will qualify to share a prize pool of 1,000 FDUSD in token vouchers. The reward for each qualified user is calculated based on their total P2P deposit volume relative to the total deposit volume from all eligible participants of the week. However, the reward per qualified participant is capped at 40 FDUSD in token vouchers.

Terms and Conditions

• This promotion is open only to verified P2P takers who receive notifications about it via app push, inmail, or email. P2P merchants are not eligible.
• Only users from select jurisdictions who complete KYC and click “Join Now” on the activity page will qualify to receive rewards.
• Participants agree to the promotion’s terms and conditions, as well as Binance’s general Terms of Use and Privacy Policy.
• Only P2P taker purchasing volume will count towards the total purchase volume calculations.
• An eligible participant may receive only one reward from the campaign, with a maximum reward amount of 40 FDUSD.
• Each week is defined as from Monday 00:00 (UTC) to Sunday 23:59 (UTC).
• The activity applies to all fiat currencies supported on the Binance P2P platform.
• Binance will use the daily closing price of the local currency to USD foreign exchange rate for the calculation of users’ purchasing volumes during the promotion period.
• All token voucher rewards will be distributed within 14 days after the campaign ends. Users can redeem their token vouchers via Profile > Rewards Hub.
• 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 participants acting fraudulently or not in accordance with the applicable terms and conditions.
• Binance reserves the right to disqualify trades deemed to be wash trades or those displaying attributes of self-dealing or market manipulation.
• Binance reserves the right to amend or vary these terms and conditions without prior notice, including canceling, extending, terminating, or suspending the activity.
• In case of any discrepancies between translated versions and the original English version, the English version shall prevail.

This promotional campaign aligns with Binance’s broader efforts to enhance user engagement on its P2P platform. The initiative not only incentivizes inactive users to return but also boosts overall trading activity on the platform.

Image source: Shutterstock