Binance offers an engaging feature known as “Word of the Day” (WotD) to educate its users about various cryptocurrency-related terms. This feature not only enhances users’ crypto vocabulary but also provides them with an opportunity to demonstrate their understanding of these terms through a challenge function. The challenge involves answering questions or acting out situations related to the highlighted word of the day.
Binance WotD Challenge
Participation in the Binance WotD challenge can be both rewarding and educational. Participants stand a chance to win monetary awards while learning more about Bitcoin and other cryptocurrencies. The challenge is designed to accommodate participants from diverse academic backgrounds due to its varying difficulty levels.
The Binance WotD challenge also offers a referral code that entitles new Binance accounts to a 10% discount on spot trading costs. This initiative encourages more people to join the platform and participate in the challenge.
Binance Word of the Day Answers: Layer 2 Solutions Theme
The theme for the week under review was “Layer 2 Solutions”. Here are some possible answers for the Binance Word of the Day challenge for July 31st:
Binance Word of the Day answers
Possible Binance Word of the Day answers for August 2023 are as follows:
3 Letter Binance Word of the Day answers
- AID
- API
- DAO
- DEX
- KYC
- NFT
- TAX
- DEX
- STP
- PNL
4 Letter Binance Word of the Day answers
- CLUB
- DEFI
- DYOR
- EASY
- EARN
- FANS
- FAST
- FUND
- HODL
- FANS
- FUND
- GIFT
- HELP
- LUNC
- RARE
- SAFU
- TEAM
- MOVE
- VOTE
5 Letter Binance Word of the Day answers
- AUDIT
- REALM
- RULES
- BANDS
- CROWD
- LEARN
- MATCH
- MODEL
- ORDER
- PERKS
- TASKS
- TRADE
- TRAIN
- TRUST
- VALUE
- TERMS
- ASSET
- RATIO
- CHECK
- EARLY
- CAUSE
- POWER
6 Letter Binance Word of the Day answers
- AVATAR
- ENABLE
- UNIQUE
- ACTION
- CODING
- CHOICE
- CREDIT
- CRYPTO
- FORCES
- GROWTH
- LAUNCH
- MOVING
- PROMPT
- RARITY
- REVIEW
- REPORT
- REWARD
- SIGNAL
- VERIFY
- VOTING
- WALLET
- SIMPLE
- SECURE
- FINITE
- MEMBER
- COHORT
- ACCESS
- VISION
- ADVICE
- REDEEM
- COMMON
- ONLINE
- VISION
- CREATE
- GAMING
7 Letter Binance Word of the Day answers
- ACTIONS
- ENGAGE
- BALANCE
- PROMISE
- AIRDROP
- ANALYZE
- AUCTION
- CHATBOT
- CONNECT
- DIGITAL
- DYNAMIC
- FEATURE
- NETWORK
- OBSERVE
- PROGRAM
- PROFILE
- RESERVE
- SQUEEZE
- STAKING
- SUPPORT
- SATOSHI
- HALVING
- DEPOSIT
- INSTANT
- BITCOIN
- FALLOUT
- PROTECT
- VOUCHER
- VENTURE
- PROCESS
- JUSTICE
- FREEDOM
- LOYALTY
- LIBRARY
- RESHAPE
- CONCEPT
- PASSION
- EDUCATE
- ENFORCE
- STORIES
8 Letter Binance Word of the Day answers:
- ADVISORY
- ALLOCATE
- ANIMATED
- AUTOMATE
- COMPOUND
- CONTRACT
- EVOLVING
- FEEDBACK
- FLEXIBLE
- FOOTBALL
- GENERATE
- GREATEST
- OPTIMIZE
- PLATFORM
- RESEARCH
- THOROUGH
- TRAINING
- SHOPPING
- MERCHANT
- TRANSFER
- SECURITY
- STRATEGY
- PROJECTS
- STRENGTH
- APPROACH
- LITERACY
- MOTIVATE
How to Play Binance WotD?
To participate in the Binance WotD challenge, users need to correctly guess the unexpected word. If unsuccessful initially, they should not be discouraged as the tile colors will soon change to make the task easier. The frequency of checking the Binance Word of the Day answers is directly proportional to how often one accurately guesses the word.
Conclusion
The Binance Word of the Day challenge is a fun and educational way to enhance your crypto vocabulary while standing a chance to win rewards. It’s a great opportunity to explore your interest in cryptography and showcase your competitiveness. Remember, each user receives a different response every day, so stay updated and keep participating!