Timothy Morano
Sep 02, 2024 04:54
Binance Pay unveils a promotion offering users the chance to win up to 2,400,000 BONK for qualified purchases made this September.
Binance Pay has announced an enticing promotion for its users this September. According to Binance, users stand a chance to win up to 2,400,000 BONK when they complete qualified purchases using Binance Pay.
Promotion Details
The promotion period runs from September 2, 2024, at 00:00 (UTC) to September 15, 2024, at 23:59 (UTC). During this time, eligible users who reach a total transaction volume of at least $200 equivalent in any cryptocurrency using Binance Pay will qualify to receive up to 3% of their purchase amount in BONK rewards, capped at 2,400,000 BONK.
How to Participate
To participate, users must complete transactions totaling at least $200 equivalent during the promotion period. Transactions can be made in any cryptocurrency and with any Binance Pay merchant. The total transaction volume is calculated as the sum of all transactions made during the promotion period minus any refunds, including those processed up to 90 days after the promotion ends.
Terms & Conditions
- Only verified users who have successfully registered for a Binance account are eligible to participate.
- Users must download or update to the latest version of the Binance App (iOS v2.47.0 or Android v2.47.0 or later) to access Binance Pay.
- Each participant is eligible for only one reward. Rewards will be distributed within 120 days after the promotion period ends.
- Binance will use the real-time cryptocurrency to USD exchange rate at the time of purchase to verify if users meet the minimum spending requirement.
- The BONK/USD exchange rate for distributing rewards is set at 0.000020681, though the actual value may fluctuate due to market conditions.
- Binance reserves the right to disqualify any participants who tamper with the program code or act fraudulently.
- Binance reserves the right to amend or vary the terms and conditions of the promotion at any time without prior notice.
Users are encouraged to act promptly, as they will not be able to participate once all rewards have been distributed.
This promotion is part of Binance’s ongoing efforts to incentivize the use of cryptocurrency for everyday transactions. It also aligns with similar initiatives by other cryptocurrency platforms aiming to increase user engagement and adoption.
For those interested in participating, further details can be found in the official announcement on Binance’s support page.
Image source: Shutterstock
