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Cryptocurrency News Articles
Binance Presents an Exclusive Promotion: Earn PEPE Token Vouchers and Enjoy Bonus APR Rewards on PEPE Flexible Products
Oct 18, 2024 at 03:01 pm
Eligible users who make their first crypto purchase or fiat deposit can receive 600,000 PEPE token vouchers in rewards.
Binance is launching a new promotion for eligible users, offering rewards for making their first crypto purchase or fiat deposit and subscribing to selected Flexible Products. Here's a summary of the promotion:
Promotion A: Earn 600,000 PEPE for First-Time Crypto Purchase or Fiat Deposit
This promotion is open to users who haven't used Binance's "Buy Crypto" feature before October 21, 2024, at 00:00 (UTC). The first 2,000 eligible users who register for the activity, complete their first crypto purchase, or fiat deposit (minimum $30 equivalent) during the promotion period will each receive a 600,000 PEPE token voucher.
Promotion B: Subscribe to Flexible Products, Earn up to 8M PEPE, Enjoy 9% APR on PEPE Flexible Products!
During the promotion period, users who register for the activity and subscribe to PEPE, USDT, USDC, or EURI Flexible Products with at least $30 equivalent will be eligible to win up to 8 Million PEPE token vouchers in rewards, on top of the standard APR rewards. Additionally, users who subscribe to PEPE Flexible Products can enjoy an extra 9% Bonus-Tiered APR rewards on up to 2 Million PEPE, in accordance with the Offered Products table (below).
All eligible users will be ranked by their net eligible subscription amount* in USD equivalent during the Promotion Period. The top 300 users will qualify to share the following rewards, listed in the table below.
Reward Structure:
Note: Net eligible subscription amount = (Total amount of assets subscribed to Selected Flexible Products (PEPE, USDT, USDC, and (or) EURI )) - (Total amount of assets redeemed from Selected Flexible Products (PEPE, USDT, USDC, and (or) EURI ))
Offered Products (Flexible Products)
The promotion will run from October 21, 2024, at 00:00 (UTC) to November 19, 2024, at 23:59 (UTC). To participate, click [Register Now] on the activity page.
Only users who click [Register Now] on the activity page and complete account verification will be eligible for rewards from these promotions.
The Binance Terms and Conditions for Prize Promotions apply to this promotion.
Promotion A:
The availability of the "Buy Crypto" feature is subject to availability in the user’s country of residence. In accordance with the options offered in one’s region, this feature allows users to purchase cryptocurrency using various methods such as P2P Trading, Credit/Debit Cards, E-Wallets, and Online Banking. Alternatively, Users may deposit fiat currencies into their Binance account first before making crypto purchases using the "Buy Crypto" feature.
For users who complete purchases via the "Buy Crypto" feature with P2P Trading, please note that only taker (as defined below) purchasing volume will count toward the total purchase volume calculations in the aforementioned promotions.
Taker: When users place an order on Binance P2P that trades immediately before going on the order book, they are takers. These trades are “taking” volume off the order book, and are therefore taker trades.
Promotion B:
Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.
Simple Earn Offered Products are available on a first-come, first-served basis.
Users can view their Flexible Products assets by going to Wallets > Earn > Simple Earn > Flexible.
Redemption time for Flexible Products subscriptions: Instant.
Rewards:
Token Voucher Rewards:
PEPE Token voucher rewards will be distributed within 28 days after the end of the Promotion. Users may claim their voucher rewards via Profile > Rewards Hub.
All token voucher rewards will expire within 30 days after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem a voucher.
APR Rewards:
All users who hold open positions for PEPE Flexible Products will receive both Real-Time APR and Bonus-Tiered APR rewards during the Promotion Period. Once the Promotion ends, users will be entitled to Real-Time APR rewards only.
Real-Time APR rewards are accrued and directly accumulated in users’ Earn Wallets every minute.
Bonus-Tiered APR is offered as an additional reward on top of Real-Time APR. Upon subscription, Bonus-Tiered APR rewards start to accrue the next day starting from 00:00 (UTC). Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Wallet, and are calculated based on the subscribed amounts and are subject to the respective tier limit for each token. Please refer to the FAQ for more
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