Binance Launches Word of the Day Initiative to Boost Crypto Knowledge - Blockchain.News

Binance Launches Word of the Day Initiative to Boost Crypto Knowledge

Rebeca Moen May 20, 2024 02:55

Binance introduces a new Word of the Day game, offering users a chance to earn Binance Points while expanding their crypto vocabulary.

Binance Launches Word of the Day Initiative to Boost Crypto Knowledge

Binance Introduces Word of the Day Game

In a bid to enhance crypto education, Binance has launched a new Word of the Day (WOTD) game. The initiative is designed to help users increase their crypto vocabulary while keeping abreast of the latest market developments. The theme for the week is DApps (Decentralized Applications).

How Does the WOTD Game Work?

Eligible users are allowed to play up to two WOTD games per day to test their knowledge on the given topic. Those who accumulate a total of five correct answers during the Activity Period are eligible to share equally in a pool of 500,000 Binance Points. These points can be used to redeem rewards such as USDT token vouchers and trading fee rebate vouchers at the Binance Rewards Hub.

Unlocking the Second WOTD Game

To unlock the second WOTD game, users must click on the 'Get A New WOTD' button after the first game. They must then share one of the selected articles of the day on social media. The second game is unlocked once the shared article is clicked on by a third party.

Welcoming New Users

New users who register for a Binance account using the 'WOTD2024' referral code or via the provided referral link during the Activity Period will each receive a 10% discount on their spot trading fees. They may also qualify for additional welcome rewards by completing tasks at the Rewards Hub within 14 days of registration.

About Binance Points

Binance Points are part of the platform's loyalty program. Users can earn points by completing tasks, participating in activities, or completing point-based activities in the Rewards Hub. These points can then be used to claim rewards in the Rewards Shop, such as token vouchers and trading fee rebate vouchers.

Terms and Conditions

The WOTD game may not be available in certain countries/regions. Only users from eligible countries/regions who complete account verification can participate and receive rewards. All Binance Points will be distributed within two weeks after the Activity ends. Users will be able to log in and redeem a variety of rewards using Binance Points via Profile > Rewards Hub.

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