Global cryptocurrency exchange Binance has unveiled a new educational initiative called ‘Word of the Day’ (WOTD), which focuses on ‘cryptocurrency mining’, Binance announced. This activity, aimed at increasing users’ understanding of cryptocurrency-related terminology, gives participants the chance to win 500,000 Binance Points.
Understanding WOTD Games
WOTD games are designed as word-guessing activities where participants can play up to two games per day. To receive the same reward pool, users must answer at least five questions correctly during the activity period, which runs from November 4 to November 10, 2024. Earned Binance Points can be redeemed for BNB token vouchers and transaction fees. Get rebates at Binance Rewards Hub.
How to Participate
Eligible users can participate in the game twice per day. To unlock the second game, users must share the selected article on social media and ensure third parties have access to the link. This approach not only encourages learning, but also community participation and knowledge sharing.
Incentives for new users
In addition to educational games, Binance is also offering a welcome bonus to new users who sign up with referral code ‘WOTD2024’. These users will receive a 10% discount on spot trading fees and can earn additional rewards by completing tasks in the Rewards Hub within 14 days of registering.
Binance Points Information
Binance Points are part of the exchange’s loyalty program, which allows users to earn points through various activities. These points can be exchanged for rewards such as token vouchers, transaction fee rebates, and more. All points will be distributed within two weeks of activity and must be used by the end of the following month.
Terms of Use
Participants must comply with certain terms and conditions, including completing account verification, to receive a reward. Binance reserves the right, at its discretion, to modify or cancel the promotion and disqualify any participant who engages in fraudulent activity or violates the platform terms and conditions.
This initiative from Binance not only provides opportunities to earn rewards, but also improves users’ cryptocurrency knowledge, in line with the exchange’s mission to promote cryptocurrency literacy and engagement.
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