Binance Introduces “Word of the Day” Game to Boost Crypto Vocabulary and Market Awareness
Binance Launches ‘Word of the Day’ Game to Boost Crypto Vocabulary and Market Awareness
Binance, a leading cryptocurrency exchange, has rolled out a new educational initiative called the “Word of the Day” (WOTD) game to enhance users’ crypto vocabulary and keep them informed about the latest market developments. The game is set to run from May 20, 2024, to May 26, 2024, offering participants a chance to win a share of 500,000 Binance Points.
Participants in the WOTD game can play up to two games per day, focusing on the theme of Decentralized Applications (DApps) for the week. To qualify for rewards, users must correctly answer at least five questions throughout the activity period. Successful participants will share the pool of 500,000 Binance Points, which can be redeemed for various rewards such as vouchers and trading fee rebates.
New users who register during the activity period using the referral code “WOTD2024” will receive a 10% discount on spot trading fees and additional welcome rewards. Binance Points earned through the loyalty program can be exchanged for rewards in the Rewards Shop, but they will expire if not redeemed by the end of the following year.
Despite a recent rebound, the price of Binance Coin (BNB) dropped to $575.82, with a market valuation of $84.98 billion. The trading volume for BNB surged to $1.40 billion, but the coin’s monthly gain remains below 3%, indicating a weak performance. BNB has lost over 3% in a week, testing crucial support levels.
Participants in the WOTD game should adhere to Binance’s Activity Terms and refrain from dishonest behavior to avoid disqualification. The exchange reserves the right to amend or cancel the activity terms without prior notice. The game may not be available in all regions, and only verified users from eligible areas can participate.
Overall, the “Word of the Day” game aims to engage users, educate them about cryptocurrencies, and reward them for their participation. With the crypto market constantly evolving, initiatives like these help users stay informed and involved in the digital asset space.