Binance Launches Referral Scheme in Africa with a Reward Pool of 17,500 USDT

Estimated read time 2 min read
  • Binance introduces a referral scheme in Africa, running from September 18 to October 2, 2023.
  • Users can share in a total reward pool of 17,500 USDT in token vouchers through successful referrals.

Binance, one of the world’s leading cryptocurrency exchanges, has launched an exciting referral scheme designed specifically for users in the Africa region. This promotion, which is in effect from September 18, 2023, 11:00 (UTC) to October 2, 2023, 11:59 (UTC), provides participants with an opportunity to share in a total reward pool of 17,500 USDT in token vouchers.

Key Details of the Promotion

Referrer Rewards:

Users who refer their friends to Binance during the promotion period have the chance to share a pool of 11,000 USDT in token vouchers. To be eligible for these rewards, referrers must:

  • Register and achieve a minimum of two successful referrals within the promotion timeframe.
  • A successful referral is defined as a new user who registers using the referrer’s link and completes the KYC process during the promotion period.

The distribution of rewards based on the number of successful referrals is as follows:

  • 1st Place: 350 USDT
  • 2nd Place: 300 USDT
  • 3rd Place: 200 USDT
  • 4th Place: 150 USDT
  • 5th to 55th Places: A portion of an 8,000 USDT reward pool, with a maximum of 100 USDT per user.
  • All other eligible participants: An equal share from a 2,000 USDT pool, capped at 100 USDT.

Referral Rewards:

The first 1,500 referrals who register and complete KYC will each receive a 3 USDT token voucher. Additionally, the initial 200 of these referrals who make a spot trade of at least $20 in cryptocurrency will earn a 10 USDT token voucher.

Terms to Note

  • Only users who complete KYC in the Africa region are eligible for the rewards.
  • Each new Binance user can be referred through one mode only.
  • Referrers can participate in Promotion A, while referrals can earn from both Promotions A and B.
  • In case of a tie in referrals, the user who reaches the number first gets preference.
  • USDT token voucher rewards will be distributed within 20 days post-promotion, expiring seven days after distribution.
  • Binance reserves the right to disqualify participants for any dishonest activities, including bulk-account registrations.
  • Binance may amend these terms without prior notice.

This promotion highlights Binance’s dedication to expanding its user base in the African region. However, potential participants should carefully review the terms and ensure compliance to maximize their rewards.

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