Binance launches Binance Points reward program, where tasks such as trading can earn points to redeem various benefits.

BlockBeats news, September 15: Binance announced on September 15 the launch of a long-term rewards program, Binance Points. Users can earn points by completing tasks such as spot trading, futures trading, flash conversion, P2P/fiat deposits, bStocks, and posting on Square. More tasks, including Pay, dual investment, and Binance Academy, will be added later.

Users can view tasks in the Binance App's user center or Rewards Hub and claim points after completing them. Eligible users who complete daily tasks at least 5 days a week can also receive extra points through the "5-Day Weekly Bonus." Points must be claimed within 14 days of issuance, or they will expire.

Binance Points can be used to redeem rewards such as trading fee rebates, free futures positions, Earn trial funds, VIP upgrades, and merchandise. The specific redemption thresholds, tiers, and rewards vary by region. Some tasks and rewards are only available to specific regions and eligible users.

Binance stated that the program officially launched on September 15 at 00:00 (UTC) and is currently being rolled out gradually. Some users may need to wait for the feature to appear in their accounts. Binance Points themselves have no monetary value and cannot be traded or transferred. Using bots or automated tools to complete tasks may result in account suspension.