Binance, a leading cryptocurrency exchange, has announced the launch of a new educational game called ‘Word of the Day’ (WOTD). The initiative aims to engage users in expanding their cryptocurrency vocabulary while offering a share in a pool of 500,000 Binance Points, which can be redeemed for various rewards including BNB token vouchers and trading fee rebates, according to Binance.
How It Works
The WOTD game is designed to be both educational and rewarding. Eligible users can participate up to two times per day during the activity period which runs from July 29, 2024, to August 4, 2024. Users must correctly answer questions related to the week’s theme, ‘Protecting Users,’ to earn their share of the 500,000 Binance Points.
- Users can play up to two WOTD games per day.
- To unlock the second game, users need to share selected articles on social media and ensure the shared link is clicked by a third party.
- Participants with a total of five correct answers during the activity period will equally share the reward pool.
New User Welcome Bonus
In conjunction with the WOTD game, Binance is offering a welcome bonus for new users. Individuals who register using the referral code ‘WOTD2024’ or a special referral link during the activity period will receive a 10% discount on spot trading fees. Additionally, new users can earn further welcome rewards by completing specific tasks within 14 days of registration.
About Binance Points
Binance Points are part of Binance’s loyalty program, allowing users to accumulate points by participating in activities and completing tasks. These points can be redeemed for various rewards at the Rewards Hub, including token vouchers and trading fee rebates.
Terms and Conditions
Participants must adhere to the terms and conditions set by Binance to be eligible for rewards. The WOTD game and associated rewards may not be available in certain regions. All Binance Points will be distributed within two weeks after the activity period ends and will expire on the last day of the same month in the following year if not used.
Binance reserves the right to disqualify users involved in dishonest activities like wash trading or market manipulation. The company also retains the right to amend or cancel the activity without prior notice.
For more details on the WOTD game and to participate, users can visit Binance’s official announcement here.
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