Binance, a leading cryptocurrency exchange, has announced a new educational initiative called the Word of the Day (WOTD) game, according to binance.com. The theme for this week is “ETH ETFs,” and participants can earn Binance Points by taking part in the game.

The activity period for the WOTD game runs from August 26, 2024, to September 1, 2024. Users can play up to two games per day to test their knowledge on the topic and potentially earn a share of 500,000 Binance Points. These points can be redeemed for BNB token vouchers and trading fee rebate vouchers at Binance’s Rewards Hub.

How Does It Work

Eligible users can participate in up to two WOTD games daily. To unlock the second game, users must share a selected article of the day on social media, and the shared link must be clicked by a third party. Users who answer five questions correctly during the activity period will equally share the reward pool of 500,000 Binance Points.

New User Welcome Bonus

New users who register with the referral code “WOTD2024” or via a specific referral link during the activity period will receive a 10% discount on their spot trading fees. Additionally, they may qualify for more welcome rewards by completing tasks available at the Rewards Hub within 14 days of registration.

About 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 rewards such as token vouchers and trading fee rebates in the Rewards Shop. Points will expire at the end of the same month of distribution in the following year if not used.

Terms & Conditions

Participants must adhere to specific terms and conditions to be eligible for the rewards. The WOTD game may not be available in certain regions, and only users from eligible regions who complete account verification can participate. Binance also reserves the right to disqualify users involved in dishonest behavior or those who tamper with the program code.

All Binance Points will be distributed within two weeks after the activity ends. Users can redeem their rewards via the Rewards Hub. Binance retains the right to amend or terminate the activity at any time without prior notice.

This initiative aims to educate users about ETH ETFs while offering them a chance to earn rewards, thus enhancing their engagement with the platform.

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