Binance launched the Binance Points reward program on September 15th at 08:00 (UTC+8), where users earn points by completing tasks such as spot trading, contracts, flash trading, P2P/fiat coin recharge, bStocks, and Square posting. Subsequently, tasks such as Pay, dual currency investment, and Binance Academy will be launched. Users can view and claim points in the Binance App User Center or Rewards Hub, and points must be claimed within 14 days. Binance Points can be redeemed for transaction fee refunds, free contract positions, coin earning experience bonuses, VIP upgrades, and peripheral products, with specific thresholds varying by region. Binance Points have no monetary value and cannot be traded or transferred.