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Binance Introduces 'Crypto Plants' for New Reward Program - Blockchain.News

Binance Introduces 'Crypto Plants' for New Reward Program

Timothy Morano Nov 20, 2024 09:57

Binance launches 'Crypto Plants' initiative, allowing users to earn Binance Points by completing tasks. The activity runs from November 20 to December 1, 2024.

Binance Introduces 'Crypto Plants' for New Reward Program

Binance has announced a new initiative called 'Crypto Plants', a unique reward program designed to engage users by completing specific tasks to earn Binance Points. This activity, running from November 20 to December 1, 2024, invites participants to collect a variety of digital plants by trading, depositing, and referring new users, according to Binance.

Participation Details

To participate, users must collect at least one of each type of Crypto Plant: DOGE Bush, SOL Flower, and BNB Grass. Tasks include trading at least $50 on specified trading pairs, depositing via fiat or buying crypto with a credit/debit card, and referring friends to Binance. Each completed task provides attempts to receive a random Crypto Plant.

The reward pool of 2 million Binance Points will be shared among eligible users who collect all three unique Crypto Plants. The distribution of points is proportional to the number of Crypto Plants collected relative to other participants.

Task Completion and Rewards

Participants can earn attempts by trading cryptocurrencies like BTC, ETH, BNB, SOL, and DOGE against USDC. Additionally, users can unlock attempts by depositing $50 or more through various channels. Referrals that complete account verification and trade $50 on the BTC/USDC pair during the activity period grant additional attempts. Users can earn up to 100 attempts through referrals.

Binance Points, accumulated through various activities, can be redeemed in the Rewards Hub for token vouchers and other benefits. However, users must complete KYC to qualify for rewards, and each Binance Point will expire at the end of the following year if not used.

Terms and Conditions

Binance emphasizes that the rarity of each Crypto Plant may vary, and only those who collect all three unique plants will be eligible for rewards. The company does not support the buying or selling of Crypto Plants between users and disclaims responsibility for any losses incurred. Points will be distributed within two weeks after the activity ends, and users can redeem rewards in the Rewards Hub.

Further, Binance reserves the right to modify or cancel the activity and its terms at any time. The company also retains the right to disqualify participants found tampering with program codes or engaging in market manipulation.

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