Crypto exchange giant, Binance, has announced a promotion for the exchange’s P2P users in Africa that offers 200 USDT as a reward for correctly predicting the price of Bitcoin while using P2P services on the trading platform.

Notably, the new promotion launch focuses on incorporating new African P2P users and users who once used the services in the continent. As stated in the announcement, the promotion will run from November 15 to December 24, 2024.

Accordingly, participants who meet the eligibility criteria will earn 200 USDT in token vouchers per Binance’s announcement.

How to Participate in the Binance P2P Promo

First, users should log in to Binance and click on the designated link for the promo (Bitcoin’s price prediction). Next, each user must predict what Bitcoin’s price will be (in USDT equivalent) by December 16, 2024, and select submit.

Apart from predicting $BTC/$USDT price on December 16, users must also transact at least $10 worth of cryptocurrency/fiat on Binance P2P while the promotion is ongoing.

Rewards and Distribution

It is noteworthy that the platform would rank participants based on their prediction’s closeness to the actual price on the said date. Furthermore, Binance will reward the top 12 participants with the closest predictions with USDT in token vouchers.

To solve the issue of multiple users predicting the same thing, the platform will consider submission times. So, users who submitted their predictions earlier will be ranked higher than those who submitted them later.

As stated by the platform, eligible candidates will receive rewards within four weeks of the promotion’s end. With the token vouchers, the rewarded can access the Binance Rewards Hub to redeem their USDT tokens within 2 weeks from the distribution date.

Notedly, failure to redeem the tokens during this 2-week window will render the token vouchers invalid. For more information on the terms and conditions of the Binance Africa P2P Promo, visit Binance.