Introduction
In an exciting new initiative exclusively for LATAM users, Binance has launched a cashback promotion for new users engaging with the Binance P2P platform. From October 8 to October 31, 2025, eligible participants can earn 1% cashback in Bitcoin on their first trade, up to a maximum of $3. This article aims to delve into the details of this offer, the steps to participate, and important terms and conditions.
Overview of the Binance P2P Service
Binance P2P (peer-to-peer) trading allows users to buy and sell cryptocurrencies directly with each other, facilitating transactions in various fiat currencies. As one of the largest cryptocurrency exchanges globally, Binance provides a secure and user-friendly platform for traders.
Benefits of Using Binance P2P
- Variety of Payment Options: Users can choose from multiple payment methods for transactions.
- Fiat Support: Binance P2P enables users to trade cryptocurrencies for local fiat currencies, making it accessible to a broader audience.
- Security Features: Binance implements various security measures to protect users during their trading experience.
How to Participate in the Cashback Promotion
To take part in this promotion, it’s imperative to follow these steps:
- Confirm Participation: New users must click the Join Now button during the activity period.
- Complete Identity Verification: Users need to verify their identity, a crucial step to ensure security and compliance.
- Perform Your First Trade: Execute your first P2P trade involving at least $50 equivalent in your local fiat currency.
Important Dates
- Promotion Period: October 8, 2025, to October 31, 2025
- Eligibility: The first 5,000 qualified users will receive cashback, making early participation essential.
Terms & Conditions
- Cashback Limit: Each eligible participant can receive cashback capped at $3.
- Multiple Trades: Users making more than one trade will have their cashback determined based on the total purchase minus any withdrawals.
- Reward Distribution: Rewards will be distributed as token vouchers within three weeks after the promotion ends and must be claimed within 90 days.
Disqualification Criteria
- Users engaging in dishonest behavior, such as wash trading or market manipulation, may be disqualified from this promotion.
- Binance reserves the right to amend promotion terms without prior notice.
Conclusion
This promotion offers LATAM users an excellent opportunity to engage with Binance P2P while earning cashback in Bitcoin. With the growing adoption of cryptocurrencies in Latin America, such initiatives are pivotal in encouraging trading and increasing user engagement on the platform.
If you’re a new user in LATAM, don’t miss this chance to make your first trade on Binance P2P and enjoy the benefits of cashback in Bitcoin! Remember to verify your identity and act fast, as only 5,000 participants will qualify for this enticing offer.