Binance launches a promotion for P2P users in Africa, offering up to 200 USDT in rewards for accurate BTC price predictions and completing P2P purchases.
Binance Africa P2P users can now earn up to 200 USDT by predicting the BTC price and completing P2P purchases as part of a new promotion.
The promotion, which runs from November 15 to December 12, 2024, will see users who participate in the P2P Africa promotion and accurately predict the BTC price on December 16, 2024, at 08:00 UTC rewarded with USDT token vouchers, Binance announced.
To participate, users must predict the Bitcoin (BTC) price against USDT for the date December 16, 2024, at 08:00 UTC and submit their prediction via the designated activity link. Participants must also complete a P2P purchase of at least $10 equivalent in any cryptocurrency via the Binance P2P platform during the promotion period.
Participants will then be ranked based on the accuracy of their BTC price predictions, and the top 12 participants with the closest predictions will receive rewards in USDT token vouchers. In the event that multiple users provide identical predictions, the submission time will be used as the tiebreaker, with earlier submissions receiving higher ranks.
The promotion is open to both new users who have not traded on Binance P2P before November 15, 2024, and returning users who have not engaged in P2P trading since September 15, 2024. Only verified takers in the Africa region who submit their predictions through the activity page during the promotion window are eligible for rewards.
The eligible local currencies for this promotion are AOA, BIF, BWP, CDF, DJF, ETB, GHS, GMD, GNF, KES, KMF, LRD, MGA, MRU, MZN, NAD, RWF, SCR, SLL, SOS, TZS, UGX, XAF, XOF, ZAR, and ZMW. Binance will use the daily closing price of the local currency to USD exchange rate for calculating the purchase volume on the P2P platform.
Finally, rewards will be distributed as token vouchers within four weeks after the promotion concludes. Users can then redeem these vouchers through the Binance Rewards Hub, and they will be valid for two weeks from the distribution date.
Binance has the right to disqualify trades that appear as wash trades, involve illegally bulk registered accounts, or exhibit attributes of self-dealing or market manipulation. Participants from regions with prohibitions or restrictions on such campaigns will be excluded, and the company reserves the right to modify or cancel the promotion at its discretion, according to the statement.
