Binance, the world’s leading blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and users, today launched Binance PayDay, its first global crypto shopping event aimed at encouraging and rewarding real-world purchases made with cryptocurrency during the holidays. Running from November 28 to December 12, 2024, Binance PayDay offers users the chance to earn a share of $200,000 in PEPE rewards when they shop with selected merchants through Binance Pay.
The event features two main promotions designed to maximize user rewards. In the first promotion, users who spend a minimum of $20 equivalent in a single transaction with participating Binance Pay merchants will receive $10 back in PEPE tokens, available to the first 19,480 eligible users on a first-come, first-served basis. The second promotion rewards the top 100 spenders on Binance Pay who accumulate at least $200 in cryptocurrency purchases with selected merchants, qualifying them for rewards from a $5,200 PEPE prize pool, with top spenders receiving up to $350 in PEPE.
“Binance PayDay is all about allowing users to experience the convenience and benefits of crypto payments during the holiday season,” said Rachel Conlan, Binance Chief Marketing Officer. “With cashback rewards and a wide range of participating merchants, we’re making it easier than ever for users to shop for everything from everyday essentials to luxury items while enjoying the speed, security, and cost-effectiveness of utilizing Binance Pay. This campaign showcases how crypto can enhance shopping, offering users greater value and flexibility.”
Binance PayDay brings together a diverse range of merchants, allowing users to earn rewards while shopping for various needs. With over 28 million users and more than 11,000 merchants worldwide, Binance Pay is transforming the way people make payments with crypto. From high-value transactions like purchasing luxury cars with LG Dream Cars in France or investing in real estate with Bin Faqeeh in Bahrain to everyday essentials like groceries at Pick n Pay in South Africa, as well as booking flights and hotels through platforms like Travala and Despegar, Binance Pay makes transactions seamless and secure, reflecting the growing global acceptance of crypto payments across industries and regions.
More details on Binance PayDay and full terms and conditions, can be found here.
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About Binance Pay
Binance Pay is a contactless, borderless, and secure user-to-user cryptocurrency payment feature on the Binance App. Binance Pay allows users and merchants to send and receive crypto payments around the world without incurring gas fees for using crypto. The platform supports over 300 cryptocurrencies for peer-to-peer payments, over 80 cryptocurrencies for merchant payments and serves millions of users and thousands of merchants worldwide.
About Binance
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 230 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com
This post was last modified on Nov 28, 2024, 13:00 GMT 13:00