Louisa Crawford
October 14, 2024 01:58
Binance is introducing a ‘Word of the Day’ game focused on its affiliate program, giving users the opportunity to earn Binance Points that can be exchanged for rewards.
Binance has unveiled a new educational initiative that aims to increase user engagement while also increasing understanding of the cryptocurrency market. Titled ‘Word of the Day’ (WOTD), the game focuses on the Binance Affiliate Program, giving participants the opportunity to earn Binance Points that can be exchanged for various rewards.
Game mechanics and engagement
WOTD games are designed to be an engaging way for users to expand their cryptocurrency vocabulary. During the activity period from October 14 to October 20, 2024, eligible users can participate in up to two games per day. By successfully answering five questions over the course of a week, users will receive an equal split of 500,000 Binance Points.
To gain access to the second daily game, participants must share their chosen article on social media. When other users click the shared link, the second game becomes available. This mechanism not only encourages learning, but also promotes Binance’s articles about the affiliate program.
Compensation and Benefits
Binance Points, a gaming reward, can be used to claim BNB token vouchers and trading fee rebates through the Binance Rewards Hub. During the activity period, new users who register with referral code ‘WOTD2024’ will receive a 10% discount on spot trading fees along with potential additional rewards by completing tasks in the Rewards Hub within 14 days of registration.
Terms of Use
Participants are subject to Binance’s Terms and Conditions, which include Binance’s right to modify or cancel the promotion at any time. Games and rewards are only available to users in eligible countries who have completed account verification. Additionally, Binance reserves the right to disqualify users who engage in dishonest behavior or violate the platform terms and conditions.
Broad educational implications
This initiative is part of Binance’s broader efforts to educate its user base about cryptocurrency and affiliate programs. By gamifying the learning process, Binance hopes to make it easier for users to access and engage with the complex world of cryptocurrency. The program not only provides incentives but also helps users stay informed about market developments.
For more information, please refer to Binance’s official announcement.
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