📝VARIOUS TYPES OF BINANCE POINT'S :-
1🔹Binance Points (Rewards System)
What are they?🤔
💯 These are loyalty or promotional points you earn through various promotions or by using the Binance Points Center.
🙄How can you use them?
You can redeem these points for rewards like trial fund vouchers, trading fee discounts, or access to Launchpad and Learn & Earn programs.
🌪️How to earn them🌪️:
- Completing missions (like daily tasks)
- Joining in on campaigns
- Engaging in trading activities
2🔹 Trading Fee Discount Points
These points are sometimes part of Binance's promotional programs and can help lower your trading fees for a limited time.
You might earn them through:
- Referral programs
- Special events
- VIP loyalty programs
3🔹 API Points / Rate Limits
For those using the API: Binance assigns “weight points” to each API call to prevent misuse.
Each endpoint has a specific weight point cost, and there’s a limit on how many you can use per minute.
4🔹 Launchpad/Launchpool Points💰
During certain events, Binance employs a points-based system for allocating new tokens.
🔨You can earn points based on:
- Your BNB holdings
- Participation in staking
- Completing tasks (like those in Learn & Earn)
These points can influence how many tokens you’re eligible to buy or receive.
5🔹Futures Funding Rate Points🚀
In the Binance Futures market, points can refer to interest (funding) points that help calculate payments between long and short traders.
While they aren’t exactly user-facing “points,” they play a role in the fee structure.
7🔹Binance Earn Points📝
🔹In promotions like Simple Earn or Dual Investment, you can earn points that lead to rewards or higher APY tiers.
These points are also utilized in Learn & Earn campaigns.📝
