Binance, a leading cryptocurrency exchange, has unveiled an engaging new activity for its users: the Binance Garden. Participants are invited to collect Crypto Plants by performing tasks such as trading, depositing, buying crypto, or inviting friends to the platform. This initiative is part of a broader effort to enhance user engagement and loyalty, according to Binance.
Activity Overview
The activity is set to run from November 1, 2024, to November 16, 2024. Users must collect at least one of each type of Crypto Plant—BTC Tree, ETH Flower, and BNB Grass—to qualify for a share of the 2,000,000 Binance Points reward pool. The points are distributed based on the number of Crypto Plants collected relative to the total collected by all participants.
Participation Details
To join, users need to visit the Binance activity page and complete tasks to earn attempts at receiving a random Crypto Plant. Each task can be completed up to ten times during the activity period. Users can also trade their spare Crypto Plants with friends or share what they need on social media to complete their collection.
Rewards Structure
The reward distribution is based on the number of shares each user holds. For example, if User A collects 8 plants, User B 35 plants, and User C 85 plants, the reward pool will be divided into six shares. User A would receive one share, User B two shares, and User C three shares.
Binance Points and Redemption
Binance Points are part of Binance’s loyalty program, allowing users to claim rewards such as token vouchers in the Rewards Shop. Points can be accumulated by completing tasks and participating in activities. However, these points will expire on the last day of the month in the following year if not used.
Terms and Conditions
Only users completing KYC during the activity period are eligible for rewards. The rarity of Crypto Plants varies, and users must collect all three unique types to qualify for the reward pool. Binance does not support the buying or selling of Crypto Plants among users, and any losses from such activities will not be the responsibility of Binance. Additionally, Binance reserves the right to disqualify participants for tampering or interference with the program.
This initiative is part of Binance’s ongoing efforts to engage its user base through interactive and rewarding activities, further solidifying its position as a leader in the cryptocurrency exchange space.
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