Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest

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Binance is introducing a Bitcoin NFT-focused Word of the Day game, offering 500,000 Binance Points to participants during the Bitcoin Halving Celebration.

In line with the upcoming 2024 Bitcoin halving event, Binance, the world’s leading cryptocurrency exchange, has launched a unique crypto literacy education campaign with a particular focus on Bitcoin Non-Fungible Tokens (NFTs). This initiative is part of Binance’s ongoing efforts to foster community engagement while educating users about the evolving cryptocurrency landscape.

Dive into Bitcoin NFT through interactive learning

The Word of the Day (WOTD) campaign announced by Binance is an interactive game designed to test and improve users’ knowledge of Bitcoin NFTs. The campaign runs from March 25, 2024 to March 31, 2024, during which participants can earn Binance Points by playing the WOTD game. These points can be redeemed for rewards including USDT token vouchers and trading fee discount vouchers.

Participation and engagement of new users

Participants can play two WOTD games per day, with a total of five correct answers during the activity period, which qualifies them to share the pool of 500,000 Binance Points. New users are also welcomed with open arms; those who sign up with the referral code “WOTD2024” or through a designated referral link receive a 10% discount on spot trading fees along with the chance to claim additional rewards within the first two weeks.

Future-proof crypto knowledge

This initiative is part of Binance’s broader strategy to protect its users against the complexities of the crypto market. By focusing on NFTs on the Bitcoin blockchain, Binance shines a light on a relatively new and growing aspect of the digital asset world that combines the scarcity and uniqueness of NFTs with the security and ubiquity of Bitcoin.

Stimulating education

Binance’s approach to driving education in the crypto sector speaks volumes for their commitment to user empowerment. By combining learning with potential financial rewards, Binance is making strides in demystifying the often complex world of cryptocurrencies. Gamification of learning is a strategic move aimed at fostering an informed and insightful business community.

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Terms and fair play

Binance Points earned from the WOTD game have a validity period and must be redeemed within a certain period of time. Binance has also laid out terms and conditions to ensure fair play and reserves the right to change the terms at any time. Participants are encouraged to play by the rules to maintain the integrity of the game and the platform.

Disclaimer and Conclusion

While Binance encourages these educational initiatives, they also warn users about the volatility and risk inherent in the crypto market. The platform advises users to invest wisely, recognizing the importance of understanding the products and the risks involved.

Binance’s crypto literacy campaign is not just a celebration of the Bitcoin halving, but an important step in promoting informed participation in the crypto space.

Image source: Shutterstock

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