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Binance Square Extends 'Write to Earn' Promotion with Enhanced Rewards - Blockchain.News

Binance Square Extends 'Write to Earn' Promotion with Enhanced Rewards

Jessie A Ellis Aug 26, 2024 07:15

Binance Square extends its 'Write to Earn' promotion, allowing creators to earn up to 30% trading fee commissions by posting content. New reward structure announced.

Binance Square Extends 'Write to Earn' Promotion with Enhanced Rewards

Binance Square has announced the extension and enhancement of its 'Write to Earn' promotion, according to an official announcement from Binance. The promotion allows eligible creators to earn up to 30% trading fee commissions by posting qualified content on the platform.

Eligibility

To participate, creators must complete account verification and set up a profile on Binance Square, including an avatar and nickname. Existing participants of the previous 'Write to Earn' promotion are automatically eligible and do not need to re-register.

How to Participate

Creators can join the promotion by registering on the promotion page and posting qualified content such as short posts, long articles, videos, or polls. Commissions are earned from readers' Spot, Margin, and/or Futures trades made directly after interacting with the content.

Reward Structure

The reward structure includes a basic commission of 5% for all eligible creators. Additionally, the top 30 creators each week can earn bonus commissions. Weekly commissions are calculated in FDUSD and distributed to creators' Funding Wallets by the following Thursday at 23:59 (UTC).

Each week runs from Monday 00:00 (UTC) to Sunday 23:59 (UTC). Only content published after registration will qualify, and content must remain published during the weekly settlement cycle to be eligible for rewards.

Terms & Conditions

The promotion may not be available in all regions. Commission rewards are only generated from content within seven days of publication. Rewards will be calculated using daily closing prices for trades, and only commissions of ≥ 0.1 FDUSD will be distributed.

Binance reserves the right to amend or cancel the promotion at any time and disqualify participants for violating community guidelines or terms and conditions. For a full list of terms and conditions, refer to the official announcement.

Binance Square aims to be a leading social platform for Web3 trends, offering content from crypto experts and enthusiasts. It customizes user feeds based on engagement history to enhance the user experience.

Image source: Shutterstock