Binance Offers 50 USDT Referral Rewards To Expand Its African P2P Merchant Network

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR: Binance has launched a P2P merchant referral campaign across around 20 African markets. Referrers and qualifying new merchants can each earn 50 USDT if the new merchant completes the required number of trades and reaches at least 10,000 USDT of volume within 30 days. Binance wants more merchants sitting on the other side of peer-to-peer crypto trades across Africa, and it is paying users to bring them in. The exchange launched a new P2P referral campaign Thursday offering 50 USDT to both the referrer and a qualifying new merchant. The promotion runs from October 8 through November 7 and covers a broad group of African markets, including Kenya, Ghana, South Africa, Uganda, Rwanda, Zambia, Zimbabwe and several countries in West and Central Africa. The reward is not paid simply for sharing a referral link. A new merchant has to complete at least 10 trades with 10 different counterparties and reach cumulative trading volume of at least 10,000 USDT equivalent within 30 days of registration. That structure tells you what Binance is actually trying to buy. It is not registrations. It...