Binance to release 15K USDT for new users of “Buy Crypto” scheme

Binance intends to disseminate 15,000 USDT in the form of token vouchers to the new wave of users who are purchasing crypto and making fiat deposits through their “Buy Crypto” program. Incidentally, Binance is an internationally renowned cryptocurrency exchange.

For the exchange, this will be a critical segment of its promotional initiative, scheduled to take place from June 5 to June 25. The participants will be those who have not yet implemented the program.

To meet the eligibility criteria, users are required to get themselves listed on the activity page, following which they will be expected to carry out their initial buying of crypto or make a fiat deposit amounting to a minimum of 30 USDT through a single transaction. All of the initial 3,000 users who meet the requirements will be eligible to receive 5 USDT token vouchers.

Users will be selected on the basis of having successfully passed through the account authentication round. They must also reside in areas where the Buy Crypto scheme is active. The scheme enables multiple payment-making avenues, such as P2P trading, credit and debit cards, e-wallets, and online banking. Users are provided the option of depositing fiat currencies in their Binance accounts prior to buying.

In the context of P2P trade buying, we will evaluate the taker buying volume in relation to the total buying volume. For the uninitiated, taker traders are the ones who extricate volume pertaining to the order book. 

Token voucher rewards will be distributed during the forthcoming days. Users can retrieve their vouchers through a rewards center linked to their Binance profiles.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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