Binance Introduces P2P Buy & Earn Feature for Crypto Purchases

According to the announcement from Binance, the platform has launched a new feature called P2P Buy & Earn, designed to enhance the user experience by integrating crypto purchases with earning opportunities. This feature allows users to subscribe to Simple Earn Flexible Products and participate in HODLer Airdrops directly from the P2P crypto purchase confirmation page with a single click. The P2P Buy & Earn feature simplifies the process of earning rewards by enabling a one-click subscription to Simple Earn Flexible Products. Users can opt-in on the purchase confirmation page, allowing their purchased crypto to be automatically subscribed to Simple Earn Flexible Products, which offer daily rewards. Additionally, eligible BNB purchases qualify for HODLer Airdrops, providing users with new tokens at no extra cost. To access the P2P Buy & Earn feature, users must ensure their Binance App is updated to the latest version. The feature is accessible via the P2P trading page, where users can select their desired fiat currency and cryptocurrency. The Simple Earn APR for each token is displayed in the selection list. After choosing a seller and entering the purchase amount, users can enable the Subscribe to Earn toggle to automatically subscribe their assets to Simple Earn. Users are advised to read the seller’s terms and conditions before placing an order. Once the order is confirmed and payment is completed, assets are subscribed, and users can view them in their Earn Account. Unsubscription is possible at any time. Binance notes that eligibility for Simple Earn, HODLer Airdrops, and rewards from certain Simple Earn products depends on the user's country or region of residence. The platform also highlights that unauthorized stablecoins are subject to restrictions for EEA users in compliance with MiCA requirements.