Binance, a global cryptocurrency exchange, has introduced a new educational initiative called ‘Word of the Day’ (WOTD) with a focus on ‘Crypto Mining.’ The WOTD game aims to enhance users’ understanding of crypto-related terminologies and offers participants a chance to win a share of 500,000 Binance Points.
The game runs from November 4 to November 10, 2024, and participants can play up to two games per day. To qualify for a share of the reward pool, users need to correctly answer at least five questions during this period. The Binance Points earned can be redeemed for BNB token vouchers and trading fee rebates at the Binance Rewards Hub.
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 incentivizes learning while also encouraging community engagement and knowledge sharing.
Additionally, 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. 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. The promotion is subject to specific terms and conditions, and Binance reserves the right to amend or cancel the promotion at its discretion or disqualify participants involved in fraudulent activities or violating the platform’s terms of use.