World’s largest crypto exchange Binance announced on Saturday that the users would get up to 10% cashback on all the crypto purchases made via the “Pay with Bank Card” service. The users will get daily bonuses on a first-come, first-serve basis, the details of which were further given in the tweet:
As per the official announced shared in the announcement tweet, Binance stated that the promotion of the new service would run for four days, between 25/04/2020 to 29/04/2020. In the times of the coronavirus outbreak, when the entire world is under lockdown, Binance has managed to keep moving forward, making important announcements. It also went to four-hour-long maintenance on Saturday, which brought new features to the platform.
To be eligible for the cashback, all purchases need to be made using the “Pay with Bank Card” service, which requires users to register their bank card details on the Binance Exchange. As per the announcement, as of now, the accepted currency for these transactions include USD, EUR, GBP, PLN, NOK, DKK, RUB, and UAH. Binance further said,
“Rewards will be determined by each user’s first daily purchase amount and will run on a first come first served basis each day. Rewards will be distributed within a week after the competition ends. You will be able to login and see your rewards via the Distribution History page in the Account Center.”