Binance Launches Word of the Day Initiative to Boost Crypto Knowledge

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724 Admin

Binance Introduces Word of the Day Game to Boost Crypto Education

Binance has launched an innovative educational initiative called the Word of the Day (WOTD) game. This game aims to enhance users’ understanding of cryptocurrency terminology while keeping them informed about current market trends. The theme for this week’s game is Decentralized Applications (DApps).

How the WOTD Game Works

Game Structure:

  • Daily Play: Eligible users can participate in up to two WOTD games each day to test their knowledge on the given topic.
  • Rewards: Participants who correctly answer five questions during the Activity Period will share a pool of 500,000 Binance Points. These points can be redeemed for rewards such as USDT token vouchers and trading fee rebate vouchers at the Binance Rewards Hub.

Unlocking Additional Plays:

  • Second Game Access: To unlock a second daily game, users need to click the ‘Get A New WOTD’ button after completing the first game.
  • Sharing Requirement: Users must share one of the selected daily articles on social media. The second game becomes available once the shared article is clicked on by a third party.

Benefits for New Users

Welcome Incentives:

  • Discounted Trading Fees: New users who register with the referral code ‘WOTD2024’ or via the provided referral link during the Activity Period will receive a 10% discount on spot trading fees.
  • Additional Rewards: By completing specific tasks at the Rewards Hub within 14 days of registration, new users may qualify for extra welcome rewards.

About Binance Points

Earning and Redeeming Points:

  • Loyalty Program: Binance Points are earned by completing tasks, participating in activities, or engaging in point-based activities in the Rewards Hub.
  • Redeemable Rewards: These points can be used in the Rewards Shop to claim items such as token vouchers and trading fee rebate vouchers.

Terms and Conditions

Eligibility:

  • Regional Availability: The WOTD game may not be accessible in certain countries or regions. Only users from eligible locations who have completed account verification can participate and receive rewards.
  • Distribution of Points: All Binance Points will be distributed within two weeks after the Activity ends. Users can log in to redeem various rewards using their points via Profile > Rewards Hub.

This new educational game by Binance not only encourages users to expand their crypto knowledge but also provides them with opportunities to earn rewards, enhancing their overall experience on the platform.

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