The points and rewards system on the Binance platform is based on a program that aims to encourage users to use the platform more and take advantage of its various features. This system offers a range of rewards that include discount coupons, trading bonuses, or points that can be exchanged for cryptocurrencies or specific gifts. Here is a brief explanation of how it works:
1. Collecting points: Users can earn points in different ways, such as completing daily or weekly tasks, depositing funds, trading, or using certain products such as futures contracts or crypto loans.
2. Complete Challenges: Binance sometimes offers seasonal challenges or tasks that users can participate in to earn extra points.
3. Redeem points: After collecting a certain number of points, the user can redeem them for rewards such as discounts on trading fees, or opportunities to win digital currencies.
4. Special Rewards: Binance sometimes offers special rewards in the form of gift cards or trading vouchers, which are usually available to active users or those who participate in certain contests on the platform.
The points and rewards program is primarily aimed at enhancing user engagement and providing an opportunity to earn extra while using Binance.