Binance P2P Launches $30,000 Trading Competition on its 1st Anniversary

Binance is celebrating its 1st P2P anniversary and in celebration of 1st P2P’s anniversary, it launches a trading competition. The total amount of the prize is $30,000 in BNB. Yes, you heard it right a total of $30,000 in BNB to be won by participating in this trading competition.

The trading competition is open for CNY, VND, INR, RUB, NGN, VES, ARS, COP, BRL, and PHP. So there are a total of 10 markets that are eligible under trading competition and each market will win a total of $3,000 in BNB. So the total trading competition amount for all the markets is $30,000 in BNB.

The trading competition will start on 2020/10/12 8:00 AM (UTC) and continues till 2020/10/26 8:00 AM (UTC).

As per the official announcement, there are three types of Promotions (A, B & C) and all three competition separately have prize money of $1,000 in BNB each. Let’s have a look at the three types of Promotions.

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 of 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

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

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

For detailed terms and conditions please visit the official announcement page of Binance so that you will better understand the rules and procedures.