Binance P2P Trading Competition - DropsEarn
Binance P2P Trading Competition

Binance P2P Trading Competition

    In celebration of Binance P2P’s 1st anniversary, Binance P2P has launched a trading competition with $30,000 in BNB to be won.

    Reward pool
    $30,000
    Expected profit
    from $1
    Max participants
    DropsEarn score
    Neutral

  • Activity Type: Registration Trading Deposit Competition
  • Date: 12 Oct 2020 03:00(UTC+3) - 26 Oct 2020 03:00(UTC+3)
  • Registration: Closed
  • Event status: You can't participate (Event ended)
  • Links: Official Announcement
Go to event page

Details

The Binance P2P trading competition is open to CNY, VND, INR, RUB, NGN, VES, ARS, COP, BRL, and PHP markets, and each market will have a total prize of $3,000 in BNB to be won.

Promotion A: P2P Maker Competition - $1,000 in BNB to be won.

During the activity period, the top five makers who trade with the highest number unique users can win the following prizes:

  • 1st place: $300 in BNB + VIP 2 trading discount for a month
  • 2nd & 3rd place: $200 in BNB + VIP 1 trading discount for a month
  • 4th & 5th place: $150 in BNB

To be eligible for the rewards, makers must meet all the following requirements:

  • Achieve an order completion rate of 90% and above;
  • Trade with at least 30 different users;
  • Process both buy and sell transactions;
  • Complete minimum total trading volume of $10,000

Promotion B: Make Your First Purchase to Share $1,000 in BNB.

During the activity period, users who complete their first purchase of $50 worth crypto on Binance P2P can equally share a prize pool of $1,000 in BNB

Promotion C: P2P Trading Competition - $1,000 in BNB to be won.

Meanwhile, the top five traders by net purchase amount will win the following prizes:

  • 1st place: 300 in BNB + VIP 2 trading discounts for a month
  • 2nd & 3rd place: $200 in BNB + VIP 1 trading discounts for a month
  • 4th & 5th place: $150 in BNB

Note:

  • A maker means a user who posts trade ads and processes transactions. Promotion A is applicable to both P2P merchants and users.
  • Net purchase amount = Total P2P buy amount - total P2P sell amount. Suppose a user buys 1,000 BNB and sells 5,000 BUSD during the activity, assuming that 1 BNB=27.5 BUSD, then his/her net purchase amount will be 1,000 x $27.5 - $5,000 = $22,500.
  • Users can only win one prize. For example, if a user becomes one of the top 3 takers in both INR and VND market, he/she will only win the prize based on the highest net purchase amount.
  • Promotion A is for makers only, and promotion B and C are for takers only. A user CANNOT be eligible for rewards in both promotions.
  • Rewards will be distributed within 2 weeks after the campaign ends. You will be able to login and see your rewards via the Distribution History page in the Account Center.
  • 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 sole discretion

Risk Warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.