Binance Expands Fiat Channels and P2P Trading Across 30 African Nations

According to the announcement from Binance, the platform has introduced direct fiat channels and peer-to-peer (P2P) trading services in over 30 African countries, marking a significant advancement in cryptocurrency accessibility for users in the region. This initiative aims to simplify the process of buying and selling digital currencies, enhancing convenience for both new and existing users. The promotion period for this activity is set from 2025-11-12 08:00 to 2025-12-03 23:59 (UTC). During the promotion period, participants can engage in various missions to earn rewards. New users, defined as those who have not previously completed transactions via P2P trading, fiat deposit, or the Buy Crypto service before 2025-11-12 08:00 (UTC), can partake in missions such as purchasing crypto worth at least $25 in a single transaction through P2P trading, mobile money, or card payments, or depositing a minimum of $25 via fiat deposit. Existing users are required to complete similar transactions with a minimum value of $60 and accumulate a total purchase volume of at least $150 to qualify for rewards. The reward pool consists of 10,000 USDT token vouchers, with new users sharing a 7,000 USDT prize pool, capped at 5 USDT per user, and existing users sharing a 3,000 USDT prize pool, capped at 3 USDT per user. Token vouchers will be distributed within three weeks after the promotion ends and must be claimed within 30 days of distribution. Binance emphasizes the importance of maintaining updated app versions and reserves the right to disqualify participants engaging in dishonest practices. The terms and conditions for prize promotions apply, and users must complete account verification and confirm participation to be eligible for rewards.