Binance P2P Launches USD Block Trade Zone With Zero Maker Fees

 Announcements    |      2023-03-13
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance P2P will add fiat currency USD to the Block Trade Zone at 2023-03-13 03:00 (UTC).
In celebration of the launch, all Block Trade Merchants who trade with fiat currency USD on Binance P2P Block Trade Zone can enjoy zero maker fees from 2023-03-13 03:00 (UTC) to 2023-04-30 03:00 (UTC).
The Block Trade Zone is a section of the Binance P2P marketplace that allows high volume traders to access high liquidity, when buying and selling large amounts of BTC, USDT, ETH, and BUSD.
Binance P2P has a strict vetting process for all its Block Trade Merchants, in an effort to offer the users a secure way of trading crypto in bulk.
How to Become a Block Trade Merchant?
Block Trade Merchants should meet the following requirements:
  • High volume P2P transactions on average
  • Pay a sizeable one-time security deposit, if applicable
  • Clear a due diligence check from Binance P2P’s risk and merchant management team
Please email the P2P merchant management team at p2p@binance.com with the title “Application for USD Block Trade Merchant” and your Binance UID to apply now!
Further Readings:
Terms & Conditions
  • Binance P2P will review all applications and contact eligible users within a few days if they qualify to be a Binance P2P Block Trade Merchant.
  • All users must have their accounts verified to trade on Binance P2P.
  • Users may be required to make a security deposit while applying to be a Binance P2P Block Trade Merchant, depending on where they complete their account verification.
  • Please note that the security deposit will only be refunded when users are no longer participating in the Program, after which the full deposit will be returned to users within seven business days.
  • Sub-accounts’ trading volume won’t be combined with the master account’s standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
  • Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
  • Binance reserves the right to disqualify trades that are deemed to be illegally bulk registered accounts.
  • Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.
Thanks for your support!
Binance Team
2023-03-13
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. These fluctuations may affect the value of digital assets you buy or sell on the Binance P2P platform, which may be lower or higher at the time of and after completion of the transaction. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. By using the Binance P2P platform you trade digital assets directly with other users. Binance facilitates transactions by releasing the digital assets once the offline fiat currency exchange is confirmed by both parties. The trading amount, price and conditions of each advertisement are set by the user publishing it. All payments are final upon completion, unless otherwise required by law. Binance has neither the right nor the obligation to resolve any disputes arising from a completed payment. Binance is not liable for any loss you incur in connection with a completed payment. Not financial advice. For more information, see our Terms of Use and Risk Warning.