Binance has unveiled a new educational initiative that aims to engage users while enhancing their understanding of the crypto market. Titled ‘Word of the Day’ (WOTD), the game focuses on the Binance Affiliate Program, offering participants the opportunity to earn Binance Points, which can be redeemed for various rewards.
Game Mechanics and Participation
The WOTD game is designed to be an engaging way for users to expand their crypto vocabulary. During the activity period from October 14 to October 20, 2024, eligible users can participate in up to two games daily. Successfully answering five questions over the week qualifies users for an equal share of 500,000 Binance Points.
To access the second daily game, participants must share a selected article on social media. The second game becomes available once the shared link is clicked by another user. This mechanism not only encourages learning but also promotes Binance’s articles on the affiliate program.
Rewards and Benefits
Binance Points, the rewards from the game, can be used to claim BNB token vouchers and trading fee rebates via the Binance Rewards Hub. New users who register with the referral code ‘WOTD2024’ during the activity period will receive a 10% discount on spot trading fees, alongside potential additional rewards from completing tasks in the Rewards Hub within 14 days of registration.
Terms and Conditions
Participants are subject to Binance’s terms and conditions, which include the right for Binance to modify or cancel the promotion at any time. The game and its rewards are only available to users from eligible countries who have completed account verification. Furthermore, Binance reserves the right to disqualify users who engage in dishonest practices or violate platform terms.
Broader Educational Impact
This initiative is part of Binance’s broader effort to educate its user base on cryptocurrency and its affiliate program. By gamifying the learning process, Binance hopes to make the complex world of crypto more accessible and engaging for its users. The program not only offers incentives but also supports users in staying informed about market developments.
For more details, please visit the official Binance announcement.
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