This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is pleased to launch a new Word of the Day (WOTD) game! All eligible users will equally share a pool of 500,000 Binance Points, which can be used to redeem BNB token vouchers and BNB trading fee rebate vouchers at the Rewards Hub.
The theme of this week is “Blockchain Payments”. Read selected articles to learn more about this topic, participate in this week’s WOTD, and grab a share of the rewards.
Activity Period: 2024-10-28 00:00 (UTC) to 2024-11-03 23:59 (UTC)
WOTD is an educational word-guessing game, which allows users to increase their crypto vocabulary and stay on top of the latest market developments.
How Does It Work
All eligible users may play up to two WOTD games per day to test their knowledge on the given topic.Users who get a total of five correct answers during the Activity Period are eligible for an equal share of 500,000 Binance Points.
How to Enable the Second WOTD Game
After the first game, click the "Get A New WOTD" button.Share one of the selected articles of the day on social media.Unlock the second WOTD game once the selected article is successfully shared on social media and the shared link is clicked by a third party.
New User Welcome Bonus
In addition, all new users who register for a Binance account using the “WOTD2024” referral code or via this referral link during the Activity Period, will each receive 10% off their spot trading fees. Users may also qualify for additional welcome rewards by completing tasks available at the Rewards Hub within 14 days after registration.
Play WOTD Now to Earn Rewards!
Related Readings for This Week’s WOTD
Blockchain in the Modern Payments Landscape: Synergy and TransformationEmbrace the New Age of Payments with Binance Pay: Start Your Journey As a Merchant
About Binance Points
Binance Points are reward points offered by Binance's loyalty program. Users can accumulate Points by completing tasks, joining activities or completing point-based activities in the Rewards Hub. The Points can be used to claim rewards in the Rewards Shop, such as token vouchers and trading fee rebate vouchers.
Terms & Conditions
Binance reserves the right to modify or cancel the Promotion at any time without prior notice.These terms and conditions (“Activity Terms”) govern users’ participation in this WOTD activity (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy; all of which are incorporated by reference into these terms and conditions. In case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy.The WOTD game may not be available in certain countries/regions. Only users from eligible countries/regions who complete account verification shall be able to participate and receive rewards.Users may play up to two WOTD games daily. To unlock the second WOTD game of the day, click on the "Get A New WOTD" button after the first game and share any selected article of the day on social media. The sharing will be deemed successful when the shared link is clicked by a third party.
All Binance Points will be distributed within two weeks after the Activity ends. Users will be able to log in and redeem a variety of rewards using Binance Points via Profile > Rewards Hub. Please note that each Binance Point will expire on the last day of the same month of distribution in the following year, if it is not used to redeem rewards at the Rewards Hub. For more information on Binance Points, please refer to the FAQ.
For the new user welcome bonus: The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. Users may qualify for welcome rewards by completing tasks available at the Rewards Hub within 14 days after registration.Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegal bulk account registrations, self dealing, or market manipulation).Binance reserves the right to disqualify any participant found to be engaging in fraudulent activities or violating the platform’s terms of use.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2024-10-28

🔥 Mastering Binance Futures: Top Strategies to Avoid Liquidation! 🔥

Trading futures on Binance can bring massive rewards, but the risks are real — especially the dreaded liquidation. Here are some expert strategies to help keep your portfolio safe and avoid liquidation:

1. Use Proper Leverage 🔎

One of the biggest mistakes is going too high on leverage. High leverage amplifies profits but also the risks! Start low, 5x or less, to keep your margin safer. Higher leverage means small price movements can lead to liquidation, so don’t overdo it.

2. Maintain a Solid Risk Management Plan 📊

Set a stop-loss for every position to manage risk. Aim for risk-to-reward ratios that make sense for you, and don’t chase losses. A well-thought-out risk management plan will help you stay calm and avoid impulsive decisions.

3. Diversify Your Positions 📈

Don’t put all your funds into a single trade. Spread your capital over different assets and trade types to minimize the impact of one bad trade. Diversification is key to keeping your account balanced and sustainable.

4. Be Mindful of Funding Rates and Fees 💸

Funding rates can eat into your capital over time. Monitor these fees and adjust your position if funding rates spike, as they can affect long-term trades and gradually increase liquidation risk.

5. Watch Key Levels & Use Technical Indicators 🎯

Use support and resistance levels to find safer entry and exit points. Tools like RSI, MACD, and Bollinger Bands help predict market moves and avoid entering trades at peak volatility — reducing the risk of liquidation.

6. Hedge Your Positions When Necessary 🔄

Consider hedging as a risk management tool, especially in volatile markets. Opening an opposite position in another asset or market can balance your risk, keeping your funds safer if the market swings against you.

7. Practice Patience 🧘

Avoid overtrading and resist the urge to enter impulsive trades. It’s essential to wait for the right setups rather than jumping in on FOMO. Patience pays off in futures trading and helps prevent those liquidations.

💡 Pro Tip: Always monitor market news, as unexpected events can lead to high volatility! Being informed can give you a strategic edge and reduce risks.

Start applying these strategies, and trade smart to maximize your chances of success on Binance Futures. Let’s avoid those liquidations and stay profitable! 📉✨

Have more tips? Drop them in the comments below!
#BinanceFuturesTips

With the growing interest in cryptocurrency, many platforms are exploring ways to reward their users for contributions. Binance, one of the leading cryptocurrency exchanges, offers a unique way to earn money by sharing knowledge and insights through their Write-to-Earn rewards program. This article will guide you on how to make the most of this program to earn free dollars by posting valuable content.
What is the Binance Write-to-Earn Program?
The Write-to-Earn program by Binance is designed to reward users who contribute quality content to the Binance community. Instead of typical trading or investment rewards, the program encourages users to write articles, guides, or analysis pieces that provide value to other members. Content can cover a variety of topics related to blockchain, trading strategies, market insights, or even tutorials on using Binance’s various features.
Why Binance Pays for Content Creation
Quality content is valuable for community-driven platforms because it educates, engages, and retains users. Binance’s Write-to-Earn program allows users to share their expertise and, in return, get compensated for the time and effort they put into creating these pieces. By paying users to create helpful content, Binance is creating a robust resource of knowledge that benefits the whole community while helping contributors earn extra income.
Steps to Start Earning with Binance Write-to-Earn
1. Sign Up on Binance:
If you don’t already have an account on Binance, sign up on their official website or app.
Complete any required verifications, such as KYC (Know Your Customer), to unlock full platform access.
2. Join the Binance Community:
Familiarize yourself with the Binance ecosystem. Understand their products and services, especially the ones you’re interested in writing about.
Join the Binance Academy, forums, and community channels. This can give you insight into trending topics and common user questions.
3. Choose Your Content Topic:
Binance’s Write-to-Earn program typically has content guidelines and topics that are eligible for rewards.
Select a topic that is in demand or aligns with your expertise. Common topics include:
Trading strategies
Technical analysis and market insights
Tutorials on Binance features
Blockchain technology basics
Latest trends in DeFi, NFTs, or GameFi
4. Research and Create High-Quality Content:
Make sure your content is unique, informative, and adds value to the reader.
Include data, charts, and personal insights where possible. Aim for a balance of in-depth analysis and reader-friendly language.
Proofread for grammar, spelling, and clarity to enhance readability.
5. Submit Your Content:
Once you’re satisfied with your article, submit it through the Write-to-Earn portal on Binance.
Ensure it meets all submission guidelines and follows Binance’s terms of service.
6. Promote Your Content:
Share your work within the Binance community and on social media to increase its visibility. Engagement metrics, such as views and shares, may influence your reward potential.
Encourage discussions and respond to comments on your article to show engagement and boost credibility.
7. Earn Rewards:
Binance will review your content and, if approved, reward you in cryptocurrency or other incentives.
Payments may vary depending on the quality, relevance, and engagement of your content. Often, Binance credits rewards to your account within a set period after publication.
Tips for Success in Binance’s Write-to-Earn Program
Stay Updated on Trends: Cryptocurrency is fast-paced, so topics that were relevant last month may be outdated now. Follow market news to keep your content fresh and timely.
Engage with Readers: Active engagement can boost your credibility. Answer questions and participate in discussions to create a stronger connection with readers.
Focus on Value and Education: Write-to-Earn is less about selling and more about educating. Keep your focus on delivering high-quality, educational content rather than promotional material.
Follow Binance Guidelines: Binance typically has specific content rules and guidelines. Make sure you’re familiar with these to avoid rejection.
Why Consider Write-to-Earn?
Low Barrier to Entry: No upfront investment is needed, just knowledge and the willingness to share.
Earn Passive Income: Once your content is live, it can continue to generate rewards based on engagement.
Boost Your Profile in the Crypto Space: Regular contributions can help build your reputation as a knowledgeable voice in the crypto community.
Final Thoughts
Binance’s Write-to-Earn rewards program is a unique way for crypto enthusiasts, analysts, and writers to earn free dollars by sharing valuable insights. With a focus on education and community, this program rewards high-quality, informative content, making it a great opportunity for anyone looking to make a mark in the cryptocurrency world without needing to invest capital.
By following these steps and tips, you can maximize your chances of earning through Binance’s Write-to-Earn, gaining both knowledge and rewards along the way.