Binance Word of the Day

The Binance "Word of the Day" (WOTD) is an engaging educational game hosted by the Binance cryptocurrency exchange. Here's a breakdown of its key aspects:

Purpose:

It aims to enhance users' understanding of cryptocurrency and blockchain terminology.

It provides a fun way to learn about market trends and other relevant topics.

It rewards users with Binance Points, which can be redeemed for various benefits.

Gameplay:

Users participate in a word-guessing game, typically based on a specific theme.

They can play multiple times per day.

Successfully guessing the words earns them rewards.

To gain access to additional games, users are asked to share Binance articles on social media platforms.

Rewards:

Participants can earn Binance Points.

These points can be used in the Binance Rewards Hub to redeem things like USDC trading fee rebate vouchers.

Binance also uses this promotion to bring in new users, with incentives for new sign ups.