Binance Launches Referral Challenge in Pakistan with BYD Shark Prize

According to the announcement from Binance, the platform is introducing a referral challenge in Pakistan, offering participants the chance to win a BYD Shark. The campaign, titled 'Refer & Ride,' runs from December 1 to December 29, 2025, and invites users to refer friends to Binance to unlock rewards totaling up to $40,000 in USDT across three distinct pools. Each successful referral, defined as a friend who completes their first trade, earns the referrer a raffle entry for the BYD Shark, with no limit on the number of entries. The activity period is set from 2025-12-01 12:00 (UTC) to 2025-12-29 23:59 (UTC). Participants must opt-in by clicking the [Opt-In] button on the Activity page and obtain their unique referral link from the [Referral] page. Successful referrals require the referred friends to sign up, complete account verification (KYC), and execute their first trade. Rewards will be calculated and distributed after the campaign concludes. The campaign features three reward pools: the KYC Referral Pool, First-Time Trader Pool, and New Registration Pool. The KYC Referral Pool offers $10,000 in USDT, unlocking once 2,000 referrals complete account verification. Each qualifying referrer receives $5 in USDT, limited to the first 2,000 users. The First-Time Trader Pool provides $20,000 in USDT and a BYD Shark raffle entry for referrals completing a trade of $50 or more. The raffle activates after 3,000 first trades. The New Registration Pool, also worth $10,000 in USDT, unlocks once 2,000 new users complete KYC, with each receiving $5 in USDT. Eligibility is restricted to Pakistan-based Binance users who have completed KYC. Referred users must also be Pakistan-based and complete KYC to qualify. Terms specify that only trades on eligible pairs count towards the total trading volume. Binance reserves the right to disqualify users for dishonest behavior and will distribute token voucher rewards within four weeks post-activity. The validity period for token vouchers is 30 days from distribution. BYD is not affiliated with the campaign, and the raffle is solely organized by Binance. Winners will be contacted via email and must respond within 30 days to claim their prize. Binance retains the right to amend or cancel the activity at its discretion.