Binance has unveiled the ‘Word of the Day’ (WOTD) game, a fascinating new initiative themed around ‘Bitcoin Euphoria’. This educational game aims to improve participants’ cryptocurrency vocabulary while giving them the opportunity to earn Binance Points that can be exchanged for various rewards.
Game mechanics and rewards
During the activity period from December 2 to December 8, 2024, users can participate in up to two games per day. By guessing correctly at least five times during the week, participants can earn 500,000 Binance points. These points can be exchanged for BNB token vouchers and trading fee rebates through Binance’s Rewards Hub.
To unlock the second game each day, users must share the selected article on social media and see if other users click on the sharing link. This mechanism is designed to increase engagement and spread awareness about Bitcoin-related topics.
Incentives for new users
Binance is also offering a welcome bonus to new users who register with referral code ‘WOTD2024’. These users enjoy a 10% discount on spot trading fees and can earn additional rewards by completing tasks in the Rewards Hub within 14 days of registration.
Understanding Binance Points
Binance Points serves as a loyalty rewards system where users accumulate points by participating in activities and completing tasks. The points are valid for one year and will expire at the end of the following year if not used. They can be redeemed for a variety of rewards, increasing user engagement with the platform.
Terms of Use
Participation is subject to Binance’s Terms and Conditions, including the right to modify or cancel the promotion without prior notice. The game may not be available in all regions and users must complete account verification to participate and receive rewards. Binance reserves the right to disqualify any participant who engages in fraudulent activity or violates the Terms of Use.
This initiative is part of Binance’s ongoing efforts to educate its user base and encourage cryptocurrency literacy. The ‘Word of the Day’ game not only enriches users’ knowledge, but also strengthens community bonds through interactive learning.
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