19.02.2024
Binance invites users to win exclusive rewards
19.02.2024
Mirjan Hipolito
Cryptocurrency and stock expert

​Cryptocurrency exchange Binance will give away 1,000,000 points and valuable prizes as part of its February loyalty program promotion. 

"Complete missions to split 1,000,000 Binance Points and win exclusive prizes," according to the Binance website. 

Binance Points are points from Binance's loyalty program. Users can earn points by completing achievements, participating in promotions, and completing tasks with prizes. 

Points can be redeemed for rewards in the Rewards Store, such as token vouchers. 

The promotion started on February 16, 2024, at 00:00:00 UTC and will run until March 1, 2024, at 23:59:00 UTC. 

How to enter the February promotion: 

1. Visit the promotion page.

2. Click the "Do it" button next to the mission you have chosen.

3. Complete the tasks of the active mission to receive the specified number of spins.

4. To take a turn, click the "GO" button on the contest page. The cursor will start spinning and stop on the prize square. 

Contestants have a chance to win between 5 and 200 Binance Points and share a prize pool of 200,000 Binance Points. The distribution will take place within 72 hours after the promotion ends. 

What Binance Points can be redeemed for: 

Trading fee discount voucher worth 1-50 USDT.

Up to 10 vouchers of USDT tokens. 

Missions to complete to participate in the promotion: 

Invite a friend to Binance to receive two spins.

Reach a minimum total trading volume of 400 USDT on any spot trading pairs to receive one spin.

Complete a minimum trade of 200 USDT in a single transaction on Binance P2P to receive one spin.

Each participant can only complete each task once every 72 hours during the promotion. 

As per Binance rules, only verified users can participate in the promotion. 

If Binance Points are not redeemed in the Bonus Shop, they will expire one year later, on the last day of the month in which the points were distributed. 

Binance reserves the right to disqualify transactions made through bulk account registration that are intended to manipulate the market. 

More detailed information can be found on the official website of the crypto exchange. 

Read also: Japan to allow crypto investments for VCs