Binance Announcement – Up to 10% Cashback on Crypto Purchases via the “Pay with Bank Card” Service

Source: Binance

Binance will launch a cashback promotion for users to buy cryptocurrency using their Visa debit or credit cards via the “Pay with Bank Card” service on Binance. The promotion will run for 4 days and the rewards will be given out on a first come first served basis. The rewards will reset each day. 

Activity Period: 2020/04/25 8:00 AM to 2020/04/29 8:00 AM (UTC)

Each daily activity period runs for 24 hours from 8:00 AM (UTC) to 8:00 AM (UTC) the next day. Daily reward resets will occur at 7:59:59 AM (UTC) each day.

Activity Rules:

Number of RewardsFirst Daily Purchase Amount (USD Equivalent)Bonus Amount 
30$5,000+500 BUSD
100$1,000 – $4,999100 BUSD
200$500 – $99940 BUSD
1,000$300 – $49920 BUSD

Users are entitled to one bonus amount per day based on their first purchase amount for each daily period.

  • The first 30 users to buy 5,000+ USD in crypto via their Visa debit or credit card as their first transaction each day will receive a reward of 500 BUSD each.
  • The first 100 users to buy between 1,000 USD and 4,999 USD in crypto via their Visa debit or credit card as their first transaction each day will receive a reward of 100 BUSD each.
  • The first 200 users to buy between 500 USD and $999 USD in crypto via their Visa debit or credit card as their first transaction each day will receive a reward of 40 BUSD each.
  • The first 1,000 users to buy between 300 USD and $499 USD in crypto via their Visa debit or credit card as their first transaction each day will receive a reward of 20 BUSD each.

Terms & conditions:

  • Crypto purchases must be made using Visa cards via the “Pay with Bank Card” service, where users need to add their bank card details on Binance. 
  • Accepted fiat currencies include: USD, EUR, GBP, PLN, NOK, DKK, RUB, UAH.
  • 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.
  • Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.

See Original Post here

Disclaimer: Cryptocurrency is highly speculative and it is not suitable for investors who are not ready to lose their investment. Investors who don’t have prior knowledge in cryptocurrency investment should speak to their financial advisors before making an investment commitment.

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