Binance P2P Announces Exclusive USDC Trading Campaign for Merchants

Binance P2P has launched a special campaign for its P2P merchants, offering significant incentives for trading USDC. The campaign promises up to 100% maker fee rebates in token vouchers for merchants who post USDC ads during the promotion.

Promotion Details

The campaign runs from May 21, 2024, 00:00 UTC to June 4, 2024, 23:59 UTC. Merchants posting USDC ads and completing trades during this period can receive substantial maker fee discounts, with the top 100 merchants earning rewards based on their trading activity.

Eligibility Criteria

Merchants must be verified in their regions and click the 'Join Now' button on the promotion's activity page within the specified timeframe. Only trades completed during the promotion will count towards their trading volume and reward eligibility.

Reward Distribution

Token voucher rewards will be distributed within four weeks after the promotion ends. Eligible users can redeem their vouchers through the Binance Rewards Hub, but all token vouchers will expire two weeks after distribution, requiring timely redemption.

Terms and Conditions

Standard Binance terms and conditions for prize promotions apply. Binance reserves the right to disqualify participants involved in fraudulent activities, wash trades, or violations of any terms and conditions. Binance may also amend or cancel the promotion at any time without prior notice.

Market Impact

This campaign coincides with the rising prominence of stablecoins like USDC in the crypto market. By incentivizing P2P trading of USDC, Binance aims to increase liquidity and encourage more merchants to actively participate, thereby strengthening its position in the competitive crypto trading platform landscape.