Reminder: Click the [register now] button on the activity page to be qualified for a reward
Activity Period: 2022-03-16 08:00 AM to 2022-04-10 08:00 AM (UTC)
Binance P2P is launching two new promotions where both new and existing users will have a chance to enjoy 2x APY on BUSD Flexible Savings.
- Promotion A: 1,000 New P2P Users to Enjoy 2X APY on BUSD Flexible Savings
All new Binance P2P users who complete their first purchase of any cryptocurrency worth at least $200 in a single transaction on the platform from 2022-03-16 08:00 AM to 2022-03-31 08:00 AM (UTC), will stand a chance to qualify for the prize of 2x APY on BUSD Flexible Savings. A total of 1,000 eligible users will be selected based on the Award Selection Rules Based on Binance Chain Hash Value.
- Promotion B: 1,000 Existing P2P Users to Enjoy 2X APY on BUSD Flexible Savings
For existing users of Binance P2P who have never used any Binance Earn products before the promotion, they can qualify for 2x APY on BUSD Flexible Savings by hitting a minimum total purchase volume worth $1,000 on Binance P2P from 2022-03-16 08:00 AM to 2022-03-31 08:00 AM (UTC). A total of 1,000 eligible users will be selected based on the Award Selection Rules Based on Binance Chain Hash Value.
Winners of both promotions will be notified via email by 2022-04-02 11:59 PM (UTC).
They will be eligible to subscribe to BUSD Flexible Savings from 2022-04-04 08:00 AM to 2022-04-10 08:00 AM (UTC) to enjoy the 2x APY.Adjusted Tiered APY on BUSD Flexible Savings for Winners:
|Token||Subscription Amount||Standard APY*||Winners’ Extra APY||Winners’ Overall APY||Winners’ Max Subscription Amount**||Extra APY Period|
|BUSD||0-500 BUSD||10%||+10%||20%||42,000 BUSD||2022-04-04 08:00 AM to 2022-04-10 08:00 AM (UTC) (7 days)|
|500 BUSD < Amount ≤ 20,000 BUSD||1.5%||+1.5%||3%|
|> 20,000 BUSD||0.8%||+0.8%||1.6%|
*The standard APY will be subject to the page display on the Binance Earn page on the day.**If the winner’s subscription amount in BUSD Flexible Savings exceeds the Max Subscription Amount of 42,000 BUSD, the standard APY will be applied to the excessive amount.For More Information:
- Introduction to P2P Trading
- How to Buy Cryptocurrency on Binance P2P (App/Web)
- How to Sell Cryptocurrency on Binance P2P (App/Web)
- How to Get Started with Flexible Savings
Terms and Conditions
- Binance will use the local currency to USD foreign exchange rate at 2022-03-31 08:00 AM (UTC) for the calculation of the $200 and $1,000 user purchase volume requirements in Promotions A and B.
- Promotions A and B are not applicable to makers. A maker refers to a user who posts trade ads and processes transactions.
- These promotions are available to all markets (fiat currencies) supported on the Binance P2P platform.
- Rewards in the form of additional APY will be calculated and distributed within two weeks after the promotion ends. Winners will receive an email informing them of the additional APY earnings distributed into their wallets. They will be able to login and see their rewards via Wallets > Transaction History > Distribution.
- 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 cancel or amend any Activity or Activity Rules at our sole discretion.
Disclaimer: Your use of the Binance P2P services and all information and other content (including that of third parties) included in or accessible from the Binance P2P services is at your sole risk. Our only responsibility is to handle crypto transactions. All payments are final upon completion unless otherwise required by law. Binance P2P platform has neither the rights nor the obligations to resolve any disputes arising from a completed payment. Neither Binance P2P platform nor merchants shall be responsible for your loss in a completed payment.Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.