Blockchain

Binance launches Word of the Day game with a pool of 1,000,000 Binance Points

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Binance, the leading cryptocurrency exchange, has announced the launch of its new Word of the Day (WOTD) game, according to Binance. This initiative allows users to test their cryptocurrency knowledge by competing for a share of 1,000,000 Binance points. These points can be redeemed for up to $10 in USDT token vouchers and $50 in trading fee discount vouchers at the Binance Rewards Hub.

How the game works

The game, which will run from June 10, 2024 to June 16, 2024, is designed to educate users on the latest market developments while improving their cryptocurrency vocabulary. Eligible users can participate in up to two WOTD games per day. To unlock the second game, participants must share a selected item on social media and a third party must click on the shared link.

Users who correctly answer a total of five questions during the activity period will equally share the pool of 1,000,000 Binance Points.

Welcome bonus for new users

Binance also offers a welcome bonus for new users who sign up using the referral code “WOTD2024” or via a referral link. These users will receive a 10% discount on spot trading fees and can qualify for additional rewards by completing tasks within 14 days of registration.

Understanding Binance Points

Binance Points are part of Binance’s loyalty program, allowing users to accumulate points by completing tasks and participating in activities. These points can be used to claim various rewards, including token vouchers and trading fee discounts, via the Rewards Hub.

Additional Terms and Conditions

Participants must adhere to the terms and conditions of the activity, which include Binance’s general terms of use and privacy policy. It is important to note that the WOTD game may not be available in some regions. Only users from eligible regions who complete account verification are eligible to participate and receive rewards.

Binance reserves the right to modify or cancel the activity at any time without notice. All Binance Points will be distributed within two weeks of the end of the activity and will expire at the end of the month of the following year if not redeemed.

For further details, please refer to the official press release on Binance.

Image source: Shutterstock

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