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Cryptocurrency News Articles

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

Aug 26, 2024 at 03:19 pm

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 extended its 'Write to Earn' promotion, where creators can earn trading fee commissions by posting content on the platform.

The promotion, which was initially launched in July, has been extended until September 25, with new participants still able to join and earn rewards, according to an announcement from Binance on Friday.

Eligible creators can earn up to 30% trading fee commissions by posting qualified content, such as short posts, long articles, videos, or polls, on Binance Square.

Commissions are earned from readers' Spot, Margin, and/or Futures trades made directly after interacting with the content.

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.

Creators can join the promotion by registering on the promotion page.

The reward structure includes a basic commission of 5% for all eligible creators. Additionally, the top 30 creators each week can earn bonus commissions, with the structure as follows:

Ranks Basic Commission + Bonus Commission

Top 1 30%

Top 2-5 25%

Top 6-10 20%

Top 11-15 15%

Top 16-20 12%

Top 21-25 10%

Top 26-30 8%

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.

The promotion may not be available in all regions, and 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 also 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, please refer to the official announcement.

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

Original source:blockchain

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