This is a general announcement. Products and services referred to here may not be available in your region.
Binance Square is pleased to launch the #Write2Earn promotion for all Binance Square creators. Eligible Binance Square creators who post qualified content on Binance Square during the Promotion Period, may each earn up to 5% trading fee commissions from their readers’ spot, margin and/or futures trade(s) on a first-come, first-served basis.
Promotion Period: 2024-01-22 00:00 (UTC) to 2024-02-25 23:59 (UTC)
How to Participate
Login to your Binance account, and go to Binance Square.Publish qualified content pieces (i.e., short posts, long articles or polls) that include the #Write2Earn hashtag and at least 200 characters. Get up to 5% in trading fee commissions from regular and VIP 1-2 users’ spot, margin and futures trade(s) (excluding copy trading) when they engage with your qualified content pieces (e.g., via likes, shares, quotes, comments), and complete the trade(s) within 180 minutes after the engagement.
Rewards Structure
Commissions rewards will be distributed in the form of USDT token vouchers to eligible Binance Square creators on a first-come, first-served basis. A total of 10,000 USDT in token vouchers is available in this promotion.If a regular or VIP 1-2 user engage with one or more qualified content piece(s) on Binance Square within 180 minutes before trading on Spot, Margin and/or Futures (excluding copy trading) during the Promotion Period, the eligible Binance Square creator(s) of these content piece(s) will qualify to equally share 5% in trading fee commissions from the above trade(s).
Post on Binance Square Now to Earn 5% Commission!
Notes
Content pieces that contain descriptions encouraging or urging users to like, share, quote, comment, etc., will not qualify the creators for any commission rewards.For each day of the Promotion Period, the maximum commission that an eligible Binance Square creator may receive is a 50 USDT token voucher. Commission rewards will only be distributed when the value of the reward is at least 0.1 USDT. Binance Square creators will not be eligible to earn any trading fee commissions from their own spot, margin, or futures trades.The commission rewards in this promotion is on top of commission-based rewards from the Standard Referral Mode.
About Binance Square
Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement history.
For More Information
What Is Binance Square and Frequently Asked Questions
Terms & Conditions
This promotion may not be available in your region. Only Binance Square Creators who complete account verification are eligible to participate in this promotion. Media, project, or business/organization accounts are not eligible to join this promotion.Only short posts, long articles or polls that include the #Write2Earn hashtag and at least 200 characters will count as qualified content pieces. Content pieces that contain descriptions encouraging or urging users to like, share, quote, comment, etc., will not qualify the creators for any commission rewards from this promotion.Rewards Calculation and DistributionBinance will use the real-time exchange rates to calculate the commission rewards from every spot, margin and/or futures trade (excluding copy trading). Commission rewards will only be distributed to qualified Binance Square creators when the value of the overall commission rewards accumulated during the Promotion Period is at least 0.1 USDT. For eligible Binance Square creators who accumulate at least 0.1 USDT of commission rewards in each week of the Promotion Period, Binance Square will publish their weekly performances via its official account by the following Wednesday at 23:59 (UTC). Each week runs from Monday, 00:00 (UTC) to Sunday, 23:59 (UTC). Each day runs from 00:00 (UTC) to 23:59 (UTC). The USDT token voucher rewards will be distributed within 15 working days after the promotion ends. Upon successful distribution of rewards, winners will be notified via a separate push notification under Creator Center > Square Assistant. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-01-22

Understanding the Megadrop Option on Binance: A Comprehensive Guide
As the cryptocurrency market continues to evolve, platforms like Binance are constantly introducing innovative features to enhance user experience and trading opportunities. One such feature is the "Megadrop" option. In this article, we will explore what the Megadrop option on Binance is, its purpose, and how traders can leverage it for potential gains.
What is the Megadrop Option?
The Megadrop option on Binance is a specialized trading feature that offers users the opportunity to participate in significant price movements of certain cryptocurrencies. Unlike traditional trading where users buy and sell assets directly, the Megadrop option involves predicting large price drops in specific tokens.
How Does the Megadrop Option Work?
When traders opt for the Megadrop feature, they essentially speculate on the likelihood of a substantial decrease in the price of a particular cryptocurrency within a specified timeframe. Here’s a step-by-step breakdown of how it works:
1. Selection of Cryptocurrency: Binance periodically offers Megadrop options for specific cryptocurrencies. Traders can choose which cryptocurrency they want to predict a price drop for.

2. Prediction Window: Each Megadrop option comes with a defined prediction window. Traders must place their predictions within this timeframe, anticipating the price drop.

3. Placing Predictions: Users can place their predictions by selecting the expected price range or percentage drop they believe will occur during the prediction window. This is usually done through an interface that simplifies the process.
4. Outcome and Rewards: If the price of the selected cryptocurrency drops to the predicted level or beyond within the specified timeframe, traders who correctly predicted the drop can receive rewards. The rewards are typically calculated based on the accuracy and magnitude of the price drop predicted.
Purpose of the Megadrop Option
The Megadrop option serves several purposes for Binance and its users:
1. Market Engagement: By offering unique and engaging trading features like Megadrop, Binance can attract more users to its platform, thereby increasing trading volume and market activity.

2. Hedging Opportunities: For experienced traders, the Megadrop option provides a way to hedge against potential market downturns. By correctly predicting a price drop, traders can mitigate losses in other areas of their portfolio.

3. Educational Tool: For novice traders, participating in Megadrop options can be an educational experience. It allows them to engage with market trends and develop a deeper understanding of market dynamics and price movements without the need for complex trading strategies.
How to Leverage the Megadrop Option
To effectively leverage the Megadrop option on Binance, traders should consider the following tips:
1. Market Research: Conduct thorough research on the cryptocurrency market and the specific token you are predicting a price drop for. Understanding market trends, historical price movements, and news events can significantly enhance prediction accuracy.

2. Risk Management: Only invest amounts that you are willing to lose. The cryptocurrency market is highly volatile, and predictions can sometimes go wrong. Effective risk management is crucial to avoid significant losses.

3. Stay Updated: Keep up with the latest news and developments in the cryptocurrency space. Regulatory changes, technological advancements, and market sentiment can all influence price movements.

4. Utilize Binance Tools: Binance offers a range of tools and resources, including charts, market analysis, and expert insights. Utilize these tools to inform your predictions and make more informed decisions.
Conclusion
The Megadrop option on Binance is a novel feature that offers traders a unique way to engage with the cryptocurrency market. By predicting significant price drops, users can potentially earn rewards while also gaining valuable market insights. However, like all trading activities, it comes with risks. By conducting thorough research, managing risks, and staying informed, traders can make the most of this exciting trading feature.
#Megadrop #binancelearntoearn #WRITE2EARN