Complete Your First Purchase on P2P Express & Subscribe to Simple Earn Flexible Products to Get Up to 15 UFT! | Binance Support

This is a general announcement. Products and services referred to here may not be available in your region.

Reminder: Click the [Register Now] button on the activity page to be eligible for rewards

Binance P2P and Binance Simple Earn are excited to launch two promotions to reward our community! Users who are new to the Binance P2P Express Zone and Simple Earn Locked Products can participate in these promotions and stand to share 45,000 UFT in Locked Trial Fund vouchers.

Promotion Period: 2023-05-11 10:00 (UTC) to 2023-05-31 10:00 (UTC)

Promotion A: Complete Your First Purchase on P2P Express to Get a 10 UFT Locked Trial Fund Voucher (Takers only)

This promotion is only open for takers who have not completed a transaction on the Binance P2P Express Zone before 2023-05-11 10:00 (UTC). 

During the Promotion Period, the first 2,000 eligible users who confirm their participation in this promotion and complete one of the following tasks, can each receive a 10 UFT Locked Trial Fund Voucher and enjoy 10% in APR rewards:

• Complete their first purchase of any cryptocurrencies worth at least $50 equivalent on the Binance P2P Express Zone while using any fiat currency, OR 

• Complete their first purchase of any amount of UFT while using any fiat currency on Binance P2P Express Zone.

Promotion B: Subscribe to UFT Flexible Products to Receive a 5 UFT Locked Trial Fund Voucher

This promotion is only open for users who have never subscribed to Simple Earn Flexible or Locked Products before 2023-05-11 10:00 (UTC). During the Promotion Period, the first 5,000 users who confirm their participation in this promotion and complete a subscription to UFT Flexible Products worth a minimum of 50 UFT, will qualify to each receive a 5 UFT Locked Trial Fund Voucher and enjoy 10% in APR rewards.

Notes:

• A 150-day UFT Locked Product position will be created for eligible users once UFT Locked Trial Fund Voucher(s) are redeemed. This entitles users to enjoy 10% in APR rewards, which will be distributed to their Spot Wallets daily.

• Upon expiry of the Locked Product position created with the UFT Locked Trial Fund, Binance Simple Earn will transfer the principal amount of the Fund to Simple Earn Flexible Products.

For More Information:

• What is UniLend (UFT)?

• What You Need to Know About P2P Express

• How to Buy & Sell Cryptocurrency on Binance P2P Express Zone (App/Web)

• Introduction to Binance Simple Earn

• How to Redeem Locked Trial Fund Voucher

Terms & Conditions:

• Users must click [Register Now] on the activity page to successfully participate in these Promotions. Users are eligible to participate in both Promotion A and Promotion B.

• Both Promotions A and B are subject to the Terms & Conditions for Prize Promotions.

• Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.

• Rewards from Promotions A and B are not mutually exclusive. Users may receive rewards from both promotions.

• Promotion A:

  • All fiat currencies are eligible for Promotion A.

  • Promotion A is only applicable to takers who have not traded on Binance P2P Express Zone prior to 2023-05-11 10:00 (UTC). 

  • 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.

  • Binance will use the daily closing price at 23:59 (UTC) of the local currency to USD foreign exchange rate for the calculation of the user purchase volume requirement in Promotion A.

  • Each eligible user is limited to one 10 UFT Trial Fund Voucher from Promotion A. 

• Promotion B:

  • Promotion B is only applicable to users who are subscribing to Binance Simple Earn Flexible or Locked Products for the first time during the Promotion Period.

  • Each eligible user is limited to one 5 UFT Trial Fund Voucher from Promotion B. 

• Locked Trial Fund voucher rewards will be distributed within three weeks after the Promotions end. Users will be able to log in and redeem their voucher rewards via Account > Reward Center. 

  • Once distributed, winners will have 14 days to redeem their vouchers. Eligible users should claim their voucher rewards before the expiration date.

  • A 150-day UFT Locked Product position will be created for eligible users once UFT Locked Trial Fund Voucher rewards from Promotion A and/or B are redeemed. This entitles users to enjoy 10% in APR rewards.

  • Upon expiry of the Locked Product position created with the UFT Locked Trial Fund, Binance Simple Earn will transfer the principal amount of the Fund to Simple Earn Flexible Products.

  • For more information on Locked Trial Fund Vouchers, please refer to the FAQ.

• Sub-accounts’ trading volume will not be combined with the master account’s standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.

• Binance reserves the right to disqualify user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk registered accounts, self dealing, or market manipulation).

• Binance reserves the right to determine and/or amend or vary these Terms & Conditions, its eligibility terms, and criteria, the selection and number of winners, and the timing of any act to be done if it is justified due to important reasons, namely applicable:

  • Changes in applicable regulations or policies;

  • Obligations arising out of law or decisions issued by common courts or public administration;

  • Anti-money laundering or combating financing terrorism rules;

  • Technical issues beyond our control;

  • Necessity to protect users from potential losses;

  • Necessity to protect Binance from the loss of reputation;

  • Extraordinary events or circumstances beyond our control (force majeure).

• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Risk Warning: 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.