Binance Points and Their Benefits:
Binance Points are a loyalty rewards program offered by the exchange, designed to reward user activity. They are earned by completing various tasks, such as participating in promotions, contests, or special events within the platform. Unlike other cryptocurrencies, points cannot be traded or withdrawn directly.
Their main benefit lies in the flexibility to redeem them for a variety of rewards. This includes discount vouchers on trading fees, gift cards, fee reduction coupons, or even participation in exclusive raffles to obtain cryptocurrencies. They serve as a way for Binance to thank and retain its community, encouraging interaction and the use of its services. They are an additional advantage that enhances the overall experience on the platform.