Binance Launches ‘Word of the Day’ Game with 500,000 Points Pool

Binance,
the
world’s
largest
cryptocurrency
exchange
by
trading
volume,
has
announced
the
launch
of
a
new
game
called ‘Word
of
the
Day’
(WOTD).
According
to

Binance,
this
game
will
allow
users
to
share
a
pool
of
500,000
Binance
Points,
which
can
be
redeemed
for
BNB
token
vouchers
and
trading
fee
rebate
vouchers.

Game
Mechanics
and
Participation

The
WOTD
game
is
designed
to
enhance
users’
cryptocurrency
vocabulary
and
knowledge.
During
the
activity
period
from
September
9,
2024,
to
September
15,
2024,
eligible
users
can
participate
in
the
game
by
answering
questions
related
to
the
theme
of
the
week,
which
is ‘Trading
Signals’.

Users
can
participate
in
up
to
two
WOTD
games
per
day.
To
unlock
the
second
game,
participants
need
to
share
selected
articles
on
social
media
and
ensure
the
shared
link
is
clicked
by
a
third
party.
Users
who
answer
a
total
of
five
questions
correctly
during
the
activity
period
will
equally
share
the
500,000
Binance
Points
pool.

New
User
Incentives

New
users
who
register
on
Binance
using
the
referral
code ‘WOTD2024’
or
via
a
specific
referral
link
during
the
activity
period
will
receive
a
10%
discount
on
spot
trading
fees.
Additionally,
new
users
may
qualify
for
extra
welcome
rewards
by
completing
specific
tasks
within
14
days
of
registration.

About
Binance
Points

Binance
Points
are
part
of
Binance’s
loyalty
program,
allowing
users
to
accumulate
points
through
various
activities
and
tasks
available
in
the
Rewards
Hub.
These
points
can
be
used
to
claim
rewards
such
as
token
vouchers
and
trading
fee
rebates.

Terms
and
Conditions

Participation
in
the
WOTD
game
is
governed
by
specific
terms
and
conditions,
including
Binance’s
general
terms
of
use
and
privacy
policy.
Users
from
eligible
regions
who
complete
account
verification
can
participate
and
receive
rewards.
Binance
Points
will
be
distributed
within
two
weeks
after
the
activity
ends,
and
users
can
redeem
rewards
via
the
Rewards
Hub.
Each
Binance
Point
will
expire
on
the
last
day
of
the
month
of
distribution
in
the
following
year
if
not
used.

Binance
reserves
the
right
to
disqualify
participants
engaged
in
dishonest
behavior
or
tampering
with
the
program.
The
company
also
retains
the
discretion
to
amend
or
cancel
the
activity
and
its
terms
without
prior
notice.

This
new
initiative
by
Binance
aims
to
engage
its
user
base
in
educational
activities
while
offering
tangible
rewards,
further
solidifying
its
position
as
a
leading
platform
in
the
cryptocurrency
space.

Image
source:
Shutterstock