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Binance Code Lets Businesses Seamlessly Distribute Crypto Loyalty Rewards

2022-07-04

Main Takeaways

  • Binance Code is a prepaid crypto voucher that is powered via API. Making it an efficient solution for businesses to create gift cards in bulk.

  • Crypto and non-crypto users can easily use Binance Code’s prepaid crypto vouchers to exchange, receive and redeem crypto at zero fees.  

  • What’s more, Binance Code can help businesses expand their client base by powering their loyalty rewards programs with crypto. 

  • Regardless of whether you're an e-commerce store or an airline company, you can seamlessly integrate Binance Code into your operations.  

Are you a business looking to incorporate crypto into your services? Expand your reach by offering innovative crypto rewards. 

Loyalty rewards are a powerful tool for companies to attract and retain customers. Businesses can use Binance Code to distribute gift cards in bulk and loyalty rewards to their customers. It’s a simple and flexible tool for transferring and exchanging crypto using secured prepaid codes.

If your business is considering starting a loyalty rewards program or if you already have one, read on to find out how you can integrate Binance Code into your operations and reward your customers with crypto.

How Can Binance Code Be Used For Loyalty Rewards?

Businesses with an existing loyalty points program can convert a customer’s existing points into crypto and easily distribute them via Binance Code on our platform. Similarly, companies operating play-to-earn (P2E) services can seamlessly integrate Binance Code into their reward systems and use it to distribute crypto prizes. 

What Kind of Businesses Can Benefit From Binance Code?

Any company planning to integrate loyalty rewards into their business model can benefit from Binance Code. Whether you're an e-commerce store, a ride-sharing service, or a travel operator, you can convert the points accumulated by your customers to crypto with Binance Code. For example, CoinMarketCap users can exchange their Diamond Reward points for Binance Gift Cards with the help of Binance Code.

In addition to helping grow your customer base by attracting crypto enthusiasts to your business. Binance Code acts as an alternative loyalty reward method that offers your customers more flexibility with how they can use their reward points. 

What's more, your customers don't have to be existing Binance users – they can sign up afterward.

Breaking Down Binance Code

To take a closer look at how Binance Code works, let's imagine you own an e-commerce business with a points-based rewards system. You want your customers to have the option to spend their points to receive crypto as a loyalty reward.

You can create Binance Codes of specified value using crypto funds in your Binance Funding Wallet. When customers choose to convert their points into crypto rewards, you grant them a Binance Code. After that, all the customer needs to do is redeem the code on the Binance Gift Card homepage.

As a side note, you don't need an API to create Binance Codes in advance. However, to create Binance Codes in real-time, you'll have to set up your Binance Code API. 

For more information on how to set up Binance Code API, check out our tutorial onHow to Download and Set up Binance Code API. 

Want to generate multiple Binance Codes at once? Check out the Bulk Create function on our webpage.

Get Started With Binance Code 

Set up an account to start creating Binance Codes today! Once you've got everything set up, you can instantly create Binance Codes, check your balance, redeem via API and bulk create codes on our site. For partnership inquiries, please reach out to giftcard@binance.com.

For additional information, you can also refer to our helpful links below: