Binance Launches Exclusive P2P Merchant Program Promotion in South Asia

Binance is launching a limited-time P2P Merchant Program promotion exclusively for users in South Asia. According to Binance, the promotion aims to attract experienced users to join its growing P2P Merchant community, offering various benefits such as versatile payment options and enhanced security measures.

The promotion period runs from September 24, 2024, to October 24, 2024, and is open to users with verified Binance accounts from selected South Asian jurisdictions, including India and Sri Lanka. Participants must meet several eligibility criteria to qualify for the program.

Why Join Binance P2P

The Binance P2P platform offers over 1,000 payment methods, advanced security features, and support from a trusted global community of users and merchants. These features make it a compelling option for those looking to trade cryptocurrencies securely and efficiently.

Eligibility Criteria

To participate in the promotion, users must:

1. Own a verified Binance account from selected South Asian jurisdictions.
2. Complete a net trading volume of $25,000 equivalent with at least 120 unique counterparties in their local fiat currency during the promotion period.
3. Submit a video of their Binance account’s transaction history, showing that the account has been registered for more than six months, has at least 100 positive feedbacks from completed trades, and a total traded volume worth at least 2 BTC.

Net Trading Volume is defined as the total P2P purchase amount during the promotion period minus the total P2P sell amount during the same period.

How to Apply

Eligible users can submit their application via the provided form on Binance’s official website. All newly onboarded merchants are required to place a mandatory security deposit.

Terms & Conditions

The promotion is available to all users with verified Binance accounts in India and Sri Lanka. Participants must adhere to the following terms and conditions:

• All users must have their accounts verified to trade on Binance P2P.
• The net trading volume will not include the trading volume of sub-accounts.
• Binance reserves the right to disqualify any participants acting fraudulently or not in accordance with the applicable terms and conditions.
• Binance may disqualify trades deemed to be from bulk registered accounts.
• Binance reserves the right to amend or vary the terms and conditions of the promotion without prior notice.

For more details on the promotion and to apply, users can visit the official Binance announcement.