Ted Hisokawa
Nov 04, 2024 02:11
Binance introduces a new ‘Word of the Day’ game focusing on crypto mining, offering users a chance to win Binance Points. The game aims to enhance crypto vocabulary.
Binance, the global cryptocurrency exchange, has unveiled a new educational initiative titled ‘Word of the Day’ (WOTD) with a focus on ‘Crypto Mining’, according to Binance. This activity, aimed at enhancing users’ understanding of crypto-related terminologies, offers participants a chance to win a share of 500,000 Binance Points.
Understanding the WOTD Game
The WOTD game is designed as a word-guessing activity where participants can play up to two games per day. To qualify for an equal share of the reward pool, users need to correctly answer at least five questions during the activity period, which runs from November 4 to November 10, 2024. The Binance Points earned can be redeemed for BNB token vouchers and trading fee rebates at the Binance Rewards Hub.
How to Participate
Eligible users can engage in the game twice daily. To unlock the second game, users must share a selected article on social media and confirm the link is accessed by a third party. This approach not only incentivizes learning but also encourages community engagement and knowledge sharing.
Incentives for New Users
In addition to the educational game, Binance is offering a welcome bonus for new users who sign up with the referral code ‘WOTD2024’. These users will receive a 10% discount on spot trading fees and can access additional rewards by completing tasks in the Rewards Hub within 14 days of registration.
About Binance Points
Binance Points are part of the exchange’s loyalty program, allowing users to accumulate points through various activities. These points can be exchanged for rewards such as token vouchers and trading fee rebates. All points are distributed within two weeks post-activity and must be used by the end of the month in the following year.
Terms and Conditions
Participants must adhere to specific terms and conditions, including completing account verification to be eligible for rewards. Binance reserves the right to amend or cancel the promotion at its discretion and disqualify participants involved in fraudulent activities or those violating the platform’s terms of use.
This initiative by Binance not only provides an opportunity to win rewards but also enhances the cryptocurrency knowledge of its users, aligning with the exchange’s mission of promoting crypto literacy and engagement.
Image source: Shutterstock
