18.10.2024
Mirjan Hipolito
Cryptocurrency and stock expert
18.10.2024

OKX launches P2P campaign for new users

OKX launches P2P campaign for new users OKX launches P2P campaign for new users

OKX, a major player in the cryptocurrency trading industry, has introduced a Peer-to-Peer (P2P) trading campaign aimed exclusively at new users from nine countries across the Middle East, North Africa, and South Asia. This limited-time campaign runs from October 18 to November 8, 2024.

The OKX P2P campaign is targeted at users from Egypt, Saudi Arabia, Jordan, Kuwait, Tunisia, Qatar, Lebanon, Oman, and Sri Lanka. Eligible participants can receive a 10% rebate on their first P2P transaction, with a maximum reward of 30 USDT. However, this offer is available only to the first 200 participants who meet the campaign’s requirements, so users are encouraged to act quickly to secure their rebate.

Interested users must first register on the campaign’s landing page and complete a short quiz that tests their P2P knowledge. To advance in the campaign, participants need to score at least 8 out of 10 on the quiz. Once they have passed, they must place a buy order of at least 30 USDT on the OKX P2P marketplace to qualify for the rebate. Since the campaign follows a first-come, first-served approach, only the first 200 eligible users will receive the 10% rebate.

This campaign is part of OKX’s broader strategy to boost P2P trading activity in emerging markets. By providing users from specific countries with an incentive to explore the platform's P2P services, OKX hopes to attract new traders into the cryptocurrency space. P2P trading is particularly appealing in these regions due to its decentralized nature, allowing users to trade directly with one another without needing a centralized intermediary.

The P2P trading initiative also reflects OKX’s recognition of the growing demand for cryptocurrency solutions in regions where traditional financial services may be limited or less accessible.

The company reserves the right to disqualify participants who engage in dishonest practices, such as creating multiple accounts or manipulating trades. Moreover, only users from eligible countries trading in local currencies like EGP, SAR, JOD, KWD, TND, QAR, LBP, OMR, and LKR are allowed to participate.

OKX will monitor trading activities throughout the campaign period and notes that rewards may be converted into platform vouchers or USDT if local regulations restrict the direct issuance of rewards.

Previously, OKX expanded its trading pairs with USDC to meet the growing demand for stablecoin transactions from its users.

Read also: Morgan Stanley invests $272 million in Bitcoin ETF

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