Zach Anderson
Nov 18, 2024 06:00
Binance introduces a ‘Word of the Day’ game focused on stablecoins, offering participants the chance to win Binance Points, redeemable for various rewards.
Binance has announced the launch of a new educational initiative, the ‘Word of the Day’ (WOTD) game, aiming to enhance crypto literacy among its users. The latest theme revolves around stablecoins, a significant segment in the cryptocurrency ecosystem, as stated by Binance.
Game Mechanics and Rewards
The WOTD game is structured to allow participants to engage in a word-guessing challenge, testing their knowledge on specific crypto topics. Users are eligible to play up to two games per day, with those achieving a total of five correct answers during the activity period sharing a pool of 500,000 Binance Points. These points can be redeemed for BNB token vouchers and trading fee rebate vouchers at the Binance Rewards Hub.
The activity period is set from November 18, 2024, to November 24, 2024. To enable a second game, users must share selected articles on social media and ensure the shared link is clicked by a third party.
Incentives for New Users
Binance is also offering a welcome bonus for new users registering with the referral code “WOTD2024” during the activity period. These new users will receive a 10% discount on spot trading fees, alongside potential welcome rewards by completing tasks within 14 days of registration.
About Binance Points
Binance Points serve as a part of the platform’s loyalty program, allowing users to earn rewards through various activities. Accumulated points can be used to claim benefits in the Rewards Shop, enhancing user engagement and incentivizing participation in Binance’s educational activities.
Terms and Conditions
Participants are required to comply with the specific terms and conditions laid out by Binance for the WOTD activity. Notably, the game may not be accessible in certain regions, and all participants must complete account verification. Binance reserves the right to modify or cancel the promotion without prior notice.
In addition, Binance emphasizes the importance of adhering to platform rules, warning that any fraudulent activities or violations could lead to disqualification from the rewards. The gaming initiative aims to bolster users’ understanding of the crypto market, aligning with Binance’s broader educational goals.
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