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Frequently Asked Questions on Binance Square “Write to Earn” Promotion

2024-08-26 05:45

Binance Square’s "Write to Earn" promotion rewards content creators with up to 30% commission rewards for creating posts on the Square platform. Read on to learn more.

1. What is the Binance Square “Write to Earn” promotion?

The “Write to Earn” promotion rewards Binance Square creators who post qualified content on the Square platform. Creators have the opportunity to earn up to 30% trading fee commissions from their readers' Spot, Margin, and/or Futures trades.

2. Who is eligible to participate in this promotion?

Binance Square creators who fulfill all of the following requirements during the Promotion Period will be eligible to participate in this promotion:

3. How to participate in the promotion?

To participate, in the “Write to Earn” promotion, follow these steps:

  • Click [Register Now] on the promotion page.
  • Publish qualified content pieces (i.e., short posts, long articles, polls, or Audio Lives) on Binance Square.
  • Earn up to 30% in trading fee commissions from regular and VIP 1 - 2 users’ Spot, Margin, and Futures trade(s) (excluding copy trading) when they complete the trade(s) directly after clicking on a coin cashtag (e.g., $BTC) or any of the coin price widgets in one of your qualified content pieces, as shown in the screenshot below.

4. What type of content counts as qualified?

Only short posts, long articles, videos, polls or Audio Lives published organically on Binance Square after confirming your registration for the promotion.

Note: Content pieces that contain Quiz Red Packets will not qualify for commission rewards.

5. How can I enhance my content to earn rewards?

You can incorporate one of the following three elements when creating content on Binance Square:

  • Add a coin cashtag (e.g., $BTC) to improve navigation and clarity.
  • Include a candlestick chart widget for the coin to illustrate market trends effectively.
  • Mention trending coins in your content. The system will automatically detect and highlight any trending coins mentioned in your content.

When eligible readers trade directly after clicking anywhere on your content (as shown in the screenshot below), you can earn up to 30% in commissions from their trading fees.

6. Can the system recognize trending coins without a coin cashtag or candlestick chart widget?

Yes, the system may automatically detect coins mentioned in your content. However, to enhance clarity and improve your chances of earning rewards, it’s recommended to use a coin cashtag or include a candlestick chart widget when discussing or analyzing specific coins.

7. How can I earn a higher commission rate from “Write to Earn”?

  • Basic commission: All eligible creators receive a 5% commission.
  • Bonus commission: At the end of each week, Binance will rank all eligible creators based on the basic commission they earn, where the top 30 eligible creators of the week can earn a bonus commission as per the table below. Please note that the bonus commission is calculated and settled weekly.
Eligible Creators’ Rankings Based on the Basic Commission They Earned in a Week

Basic Commission

Bonus Commission

Total Commission

Top 1 - 10

5%

25%

30%

Top 11 - 30

5%

5%

10%

Other Eligible Creators

5%

N/A

5%

Note: Each week’s bonus commission is calculated independently and does not affect the following week's commission.

Example:

  • User A ranked second during Week 1 (2024-08-26 to 2024-09-01). On top of the 5% basic commission, they will receive an extra 25% commission for Week 1, with a total of 30% commission.
  • User A ranked 100 during Week 2 (2024-09-02 to 2024-09-08). As they are not ranked on the top 1 - 30, they will only receive the 5% basic commission and no bonus commission for Week 2.

8. How and when will the rewards be distributed?

Binance will calculate the commission rewards at the end of each week, with the rewards distributed in FDUSD to qualified participants' Funding Wallets by the following Thursday at 23:59 (UTC).

You may view the distribution records from [Wallets] - [Funding] - [Transaction History] - [Pay].

Note:

  • Rewards will only be distributed if the weekly earned commission value is at least 0.1 FDUSD. The weekly commission rewards will be reset to zero at the end of each week if it's less than 0.1 FDUSD.
  • Each week runs from Monday, 00:00 (UTC) to Sunday, 23:59 (UTC). Each day runs from 00:00 (UTC) to 23:59 (UTC).

9. Where can I see updates on the rewards?

Once you accumulate at least 0.1 FDUSD of commission rewards each week, Binance Square will update your weekly performance on the promotion page by Thursday at 23:59 (UTC).

On the promotion page, you can view:

  • Your total rewards earned.
  • Your reward amount and commission ratio from the previous week.
  • Rewards earned for each qualified piece of content. This gives you a comprehensive view of your rewards status and progress.

10. Am I eligible to receive commissions from my own transactions on Binance?

No, Binance Square creators will not be eligible to earn any trading fee commissions from their own Spot, Margin, or Futures trades.

11. Who are considered eligible readers for generating commissions?

Regular and VIP 1 - 2 users who execute trades directly after clicking on any section indicated in #5 within one of the participant creator’s qualified contents are considered eligible readers.

Note: Users must update their Binance app to version v2.81 or later to trade on the app.

12. Who is ineligible to participate or receive any rewards from this promotion?

Illegally bulk registered accounts or sub-accounts are not eligible to participate. If an account breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions, eligibility to reward may be canceled.

Note: For any other queries, please contact 24/7 Binance Support.

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