Binance Offers Up to $100 Bitcoin Cashback for LATAM Users This Christmas

Binance, a leading cryptocurrency exchange, has unveiled a festive promotion exclusive to its users in Latin America. The offer, running from December 1 to December 25, 2024, allows eligible participants to earn up to $100 cashback in Bitcoin (BTC) by depositing fiat or buying crypto through Binance P2P, according to Binance.

Promotion Details

Participants must register for the offer and complete a minimum transaction of $40 or its equivalent in local currency via P2P trading or fiat deposit to qualify for the cashback. The first 8,000 participants who meet these criteria can receive a 1% cashback, with a cap of $10 for users in Brazil and $100 for users in other Latin American countries.

Eligibility and Participation

The promotion is exclusive to verified and active users in Latin America who have completed identity verification (KYC) and registered for the campaign. Each participant is entitled to only one cashback reward, based on the total accumulated amount of deposits and trades during the campaign period. The assets must remain in the user's account for at least 30 days to qualify for the cashback.

Reward Distribution

Rewards will be issued as token vouchers within five weeks following the campaign's conclusion. These vouchers will be accessible through the Binance Rewards Hub and must be claimed within five weeks of distribution.

Additional Terms

Binance reserves the right to amend or terminate the promotion at any time. Users found engaging in dishonest activities, such as wash trading or market manipulation, may be disqualified from receiving rewards. The promotion is subject to Binance's Prize Promotions Terms and Conditions.

With this initiative, Binance aims to enhance user engagement and adoption of its platform in the Latin American market, offering a lucrative incentive during the holiday season.