Binance, a leading global cryptocurrency exchange, has unveiled a new theme for its educational initiative, the “Word of the Day” (WOTD) game.
This interactive activity aims to enhance users’ crypto vocabulary while keeping them updated on the latest market trends. The WOTD game will occur from May 20, 2024, to May 26, 2024. Participants can win a share of 500,000 Binance Points, which can be used to redeem rewards customized for this program. Following the announcement, Binance Coin (BNB) saw a 1.24% increase within the 1-hour timeframe.
How To Participate In the ‘Word Of The Day’ Game?
The WOTD game lets Binance users play two games daily, all about Decentralized Applications (DApps) this week. To win, players must answer at least five questions correctly during the event.
Successful players will split 500,000 Binance Points evenly, which can be traded for different rewards. These rewards include vouchers worth up to 10 USDT tokens and up to 50 USDT trading fee rebate vouchers at Binance’s Rewards Hub, as per Binance’s recent announcement.
To play the WOTD game, users should log into their Binance account first. After finishing the first game of the day, they can unlock another by clicking “Get A New WOTD.” Sharing a chosen article on social media and ensuring someone clicks the shared link unlocks this. This not only boosts user engagement but also spreads educational cryptocurrency content.
Moreover, new users who sign up during the event using the referral code “WOTD2024” or the provided link get a 10% discount on spot trading fees. Completing tasks within 14 days of registering earns additional welcome rewards, accessible through the Rewards Hub.
Binance Coin Price Today
Despite the recent rebound, the BNB price later declined. As of Monday, May 20, the BNB cryptocurrency dropped by 0.45% to $575.82. Meanwhile, its market value stood at $84.98 billion. Conversely, the trading volume for BNB surged by 5.82% to $1.40 billion.
Read Also: Bitcoin Maxi Highlights 5 Reasons Why BTC Will Reach $70K Next Week
Earlier, during the price recovery, BNB surpassed the $580 mark and reached the day’s peak at $580.99. However, BNB’s monthly gain remains below 3%, indicating recent weak performance. Furthermore, Binance Coin has experienced a loss of over 3% in the past week, testing significant support levels.
