【Word of the Day】A new round is live: Guess the words to share 10,000 USDC
Binance’s Word of the Day is back with a new round. Here are the rules:
This round’s theme is “Binance Smartens Up Finance.” It runs from today, October 12, until 8:00 a.m. on October 19. The game is to guess the words, and you can play up to two rounds a day. But guessing alone won’t get you a share of the prize pool: you need to complete five words and reach a cumulative trading volume of $50 to qualify. The total prize pool is 10,000 USDC, shared among everyone who qualifies.
Put simply, this is an event where a small amount of trading volume earns you the chance to answer questions. For most people, $50 in trading volume is just a quick spot trade, with round-trip fees being the main cost.
My take: With a 10,000 USDC prize pool and plenty of participants, each account will probably get only a few dollars. It’s a good fit for people who were already planning to trade and can guess the words along the way. If you’re trading just to rack up volume for this event, it may not be worth it once you factor in the fees—don’t get things backwards.
#BinanceCampaign
Binance’s Word of the Day is back with a new round. Here are the rules:
This round’s theme is “Binance Smartens Up Finance.” It runs from today, October 12, until 8:00 a.m. on October 19. The game is to guess the words, and you can play up to two rounds a day. But guessing alone won’t get you a share of the prize pool: you need to complete five words and reach a cumulative trading volume of $50 to qualify. The total prize pool is 10,000 USDC, shared among everyone who qualifies.
Put simply, this is an event where a small amount of trading volume earns you the chance to answer questions. For most people, $50 in trading volume is just a quick spot trade, with round-trip fees being the main cost.
My take: With a 10,000 USDC prize pool and plenty of participants, each account will probably get only a few dollars. It’s a good fit for people who were already planning to trade and can guess the words along the way. If you’re trading just to rack up volume for this event, it may not be worth it once you factor in the fees—don’t get things backwards.
#BinanceCampaign