Binance Learn Earn Quiz Answers
Get $11 Free For All From Binance Learn & Earn Quiz
Binance Learn Earn Quiz Answers – Hello Coolz Readers!! Here comes the biggest loot from Binance every users who will give the correct answers will receive $11 Free in their Binance Spot Account For Free. In light of the increased demand for blockchain knowledge, Binance is excited to announce its new education initiative: Binance Learn and Earn. Users can learn blockchain knowledge and complete quizzes for a chance to earn free crypto.
Binance Learn & Earn 24th August Event :
Binance is excited to announce that we will soon launch the next round of “Binance Learn & Earn”, where users can gain knowledge on blockchain and earn up to $10 in crypto by completing courses and quizzes.
All KYC-verified users can begin to read the articles and watch the video(s) anytime from now, and complete quizzes from 2022-08-24 09:00 (UTC)while token supplies last! Eligible users will stand a chance to receive a predetermined amount of XRP, LSK, BTTC, or tokens from other projects, depending on the course or quiz they complete. Do note that each course can only be completed once, and every user qualifies for a maximum of one reward per completed course.
- Also Read : Coindcx Learn & Earn Quiz answers
Get $12 Free For All From Binance Learn & Earn Quiz :
New Timing : 24th August 2022 , 12.30 PM [Exact time will be added in Our Telegram Channel]
Steps :-
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1. First of All Sign Up on Binance or Login in your Binance Account From Here.
2. Go to Dashboard and Tap on Binance Learn & Earn Quiz Banner.
3. You will be able to see All Binance Learn & Earn Quiz which you need to complete. Tap on Start Now Quiz one by one.
4. Here i am providing you all Binance Learn & Earn Quiz answers below.
5. Check Out Binance Learn & Earn Quiz Answers From Here.
All users who register for a Binance account and complete KYC from 2022-07-06 07:00 AM (UTC) will be eligible to participate in this activity
Binance Learn & Earn 24th August XRP, LSK, BTTC Quiz Answers
Date : 24th August 2022
Time : 12.30 PM IST
Reward : Upto $12 Per User
Answers : Will be Added Here
New Binance Learn & earn quiz of XRP, LSK, BTTC will be organised on 24th August 2022. We will post 1st on net quiz answer of this Binance Learn & Earn quiz.
Binance Learn & Earn XRP Quiz Answers
Time : 24th August 2022 , 12.30 PM
Answers : Will be added here & on Our Telegram channel
Binance Learn & Earn LSK Quiz Answers
Time : 24th August 2022 , 12.30 PM
Answers : Will be added here & on Our Telegram channel
Binance Learn & Earn BTTC Quiz answers
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Binance BTTC Quiz | Answers |
---|---|
“Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time. | Proof of Stake blockchain |
With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false? | False |
What can you NOT do on Binance Earn? | Conduct leveraged trading to amply the returns |
Which of the following is a form of passive income? | Alice stakes her crypto holdings |
What can you do with Binance Earn? | Select different products to grow your crypto holdings |
What is NOT staking? | Generate returns by trading your coins |
Once you subscribe to the Locked Staking, interests will be calculated from the following day, and are distributed to your Spot Wallet every day. True or false? | True |
When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _? | Spot wallet |
Binance Locked Staking’s locking period for different products is the same. True or False? | False |
Binance Learn & Earn BAND Quiz answers
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Binance BAND Quiz | Answers |
---|---|
All of these concepts are related to Band Token EXCEPT for… | Cash incentives |
Which sentence is INCORRECT? | Band Protocol leverages on-chain centralized oracles that link on-chain applications together. |
Which characteristics differentiate Band Protocol from other oracle services?? | Decentralization, maximum customization and flexibility, easy scalability, economical cost, interoperability, and cross-chain |
Which ecosystem(s) has/have partnered with Band Protocol? | All are correct |
Which of the following IS NOT a use case of the BAND token? | To secure a discount when requesting data |
Which sentence is CORRECT? | BandChain’s Delegated Proof of Stake design and BAND token create a decentralized network. |
What network is BandChain on? | Cosmos |
Which characteristic DOES NOT correctly describe BAND Protocol? | On-chain DeFi protocol |
Binance Learn & Earn UMA Quiz answers
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Binance UMA Quiz | Answers |
---|---|
What makes the OO optimistic? | Proposed data will not require resolution unless it is disputed, and disputes are rare |
How many tokens did UMA transfer to its DAO in 2021? | 35 million tokens |
Who are the three actors in the OO system? | The contract requesting the data; the participant proposing the data; and the disputer |
Why is there a reward associated with voting correctly? | So there is an incentive to be correct |
Why does the OO include a human component? | Humans can provide any kind of knowable truth to a blockchain |
What are the phases in the UMA voting process? | Voting period; voting revealing period; reward collection period |
What is the DAO tooling organization that is a sister protocol to UMA and Across and is secured by the OO? | Outcome.Finance |
How long does it typically take for the OO, through its UMA token holders, to resolve a dispute? | 48 hours |
What is UMA’s native token? | UMA coin |
What is the cross chain bridge empowered by UMA and its OO? | Across |
Binance Learn & Earn Solved Quiz Answers :
- Binance BUSD Quiz answers
- Binance Learn & Earn SHIB Quiz Answers
- Binance Learn & earn KNC Quiz answers
- Binance Learn & Earn FRONT Quiz answers
- Binance Learn & Earn RUNE Quiz answers
- Binance Learn & Earn QTUM Quiz Answers
- Binance Learn & Earn COTI Quiz Answers
- Binance Learn & Earn HARMONY Quiz Answers
- Binance Learn & Earn Polkastarter Quiz Answers
- Binance Terra (LUNA) Quiz Answers
- Binance WOO Network Quiz Answers
- Binance REFF Quiz answers
- Binance “T”(Threshold Network) Quiz Answers
- Binance XTZ Quiz answers
- Binance IMX Quiz answers
- Binance MULTI Quiz answers
- Binance Learn & Earn PAXG Quiz answers
- Binance Learn & Earn SKL Quiz answers
- Binance Learn & Earn STPT Quiz answers
Binance Learn & Earn PAXG Quiz answers
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Binance Learn & Earn PAXG Quiz | Answers |
---|---|
1. The value of a PAXG token is equal to: | 1 troy oz. of physical gold |
2. How do I know PAXG is fully backed by physical gold? | An independent auditing firm performs monthly checks on Paxos’ gold reserves. |
3. PAXG storage fees are | 0.00% |
4. When you own PAXG, you own physical gold. True or false? | True |
5. Paxos holds all customer assets, including PAXG, safely separate from any corporate funds and the company balance sheet. True or False? | True |
6. PAXG is regulated and approved by _ | New York State Department of Financial Services |
7. How can a PAXG holder look up their vaulted physical gold’s serial number and physical characteristics? | Enter their Ethereum wallet address on the PAXG lookup tool. |
8. Where are PAXG’s physical gold reserves stored? | London Bank Vaults |
9. Which gold tokens can be redeemed for physical gold? | PAX Gold (PAXG) |
10. PAXG is built as an _ | ERC-20 token on the Ethereum blockchain |
Binance Learn & Earn SKL Quiz answers
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Binance Learn & Earn SKL Quiz | answers |
---|---|
How much are gas fees on the SKALE Network? | zero |
What type of blockchain is the SKALE Network? | Modular Layer1/Layer2 Hybrid |
What types of decentralized applications run on SKALE? | All are correct |
How does SKALE improve User Experience? | All are correct |
The SKALE network supports thousands of independent blockchains, multi-chains, and storage chains with zero gas fees, faster commit times, and increased transaction throughput. True or False? | true |
How does SKALE increase the supply of SKALE Chains? | Incentivizing SKALE chain creation through surge pricing. |
SKALE is Ethereum compatible. True or false? | true |
How many Elastic Sidechains can be created in the SKALE ecosystem? | An unlimited amount |
Earn Passive Income on Binance Quiz answers :
Earn Passive Income on Binance Quiz | Answers |
---|---|
“Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time. | Proof of Stake blockchain |
With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false? | false |
What can you NOT do on Binance Earn? | Conduct leveraged trading to amply the returns |
Which of the following is a form of passive income? | Alice stakes her crypto holdings |
What can you do with Binance Earn? | Select different products to grow your crypto holdings |
What is NOT staking? | Generate returns by trading your coins |
Once you subscribe to the Locked Staking, interests will be calculated from the following day, and are distributed to your Spot Wallet every day. True or false? | true |
When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _. | spot wallet |
Binance Locked Staking’s locking period for different products is the same. True or false? | false |
Binance Learn & Earn STPT Quiz answers
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Binance Learn & Earn STPT Quiz | Answers |
---|---|
What chains is STP bridging with its cross-chain technology? | Ethereum to Polygon |
Which participation metrics are trackable on Clique? | All are correct |
Which technology enables cross-chain governance on STP? | Data Bridge |
What problem does Clique solve? | Fragmentation of DAO tools in the space |
What is the main use case of STPT? | Governance |
What are the two main functions of Clique? | DAO creation and DAO management |
What type of DAOs does STP have a pre-made template for? | Investment DAO, Membership DAO, and Project DAO |
What is the native coin of STP? | STPT |
What is Clique | The all-in-one DAO platform that enhances member participation in DAOs through a single platform for everything DAO-related, whether it be voting, proposals, social posts, analytics, token management, etc. |
For DAOs on layer-1 blockchains, how is the voting power for governance on Clique determined? | The voting power will be dependent on the amount of native DAO tokens held by users in their wallet using the cross-chain technology |
Binance Learn & Earn KNC Quiz answers
Question | Answer |
---|---|
1) What is KyberSwap? | All are correct |
2) What is KyberDAO? | Kyber Network’s community governance platform |
3) Users can use KyberSwap’s Discover feature to discover potentially trending tokens | True |
4) The Amplification (AMP) factor is used to____ |
Mimic higher levels of liquidity |
5) Which blockchain is KyberSwap based on? | Ethereum |
6) Users can earn KNC by | All are correct. |
7.) KyberSwap uses ___ a Market Maker protocol? | Dynamic |
8.) What is Kyber Network’s native token? | KNC |
Binance Learn & Earn FRONT Quiz answers
Question | Answers |
---|---|
1) How does Frontier ensure the safety of its users? | Frontier performs rigorous due diligence on all natively integrated projects, requiring them to show security proof via audit reports. |
2) What is the role of FRONT in the Frontier ecosystem? |
FRONT is the utility token of the Frontier ecosystem. It has a total supply of 100M and is mainly used to reward users for exploring DeFi and using the Frontier wallet. |
3) What is the difference between native wallet integration by Frontier and nonnative wallet integration? |
Native wallet integrations are implemented directly inside a wallet, while non-native rely on third-party applications and dapp browsers. |
4) Which popular NFT marketplaces does Frontier support? |
All are correct |
5) How many cryptocurrencies can you swap using Frontier? |
4000+ |
6) Which non-EVM blockchains does Frontier currently support? |
Solana, Tezos, Algorand, Zilliqa, Bluzelle, Elrond, BNB Beacon Chain |
7) What is native staking in Frontier? |
Native staking is the staking of assets with validators to secure a blockchain, performed natively within the Frontier wallet application |
8) On which devices is Frontier supported? |
iOS & Android |
9) What is the benefit of Frontier’s Smart DeFi Notifications? |
Smart DeFi Notifications keep users up-to-date on their DeFi, NFT, and GameFi positions across all networks |
Binance Learn & Earn RUNE Quiz answers
- THORChain is a layer…
Ans: False - How would a BTC-to-ETH…
Ans: Internally - What is the role of a trade…
Ans: Function - How many types…
Ans: 4 - What is the total supply…
Ans: 500 - What is the native coin..
Ans: RUNE - Which of the following…
Ans: RUNE is used - How does THORChain…
Ans: Tendermint Byzantine Tolerance,
Cosmos-SDK, and Threshold Signature
Scheme(TSS) - Who secures the network
Ans: Node Operators - What are the use cases of…
Ans: Governance, incentivization, settlement and network security
Binance Learn & Earn REFF Quiz answers
Binance Learn & Earn REFF Quiz | Answers |
---|---|
What consensus mechanism does the Reef ecosystem use? | Nominated Proof of Stake |
What does Reef stand for? | Reliable, Extensible, Efficient, Fast |
How much does the average transaction cost on Reef? | $0.17 |
What does REEF-20 mean? | The native utility token that powers the Reef blockchain |
How many types of REEF tokens exist on the market? | 3 |
What is Reef Finance? | A layer 1 blockchain for DeFi, NFTs, and gaming |
What is Reef’s current max token supply? | There is no max supply |
What are the types of REEF tokens? | All of the options |
How many transactions per second (TPS) is Reef able to process? | Over 460 TPS |
Binance Learn & Earn “T”(Threshold Network) Quiz Answers
Binance Learn & Earn T (Threshold Network) Quiz | Answers |
---|---|
Proxy Re-encryption allows the sharing of encrypted data without decryption of data or the sharing of private keys. True or False? | true |
tBTCv2 is a bridge between Bitcoin and ____? | Ethereum |
tBTCv2 is the only bridge bringing your Bitcoin to Ethereum that preserves open access and doesn’t require you to trust a third party. True or False? | true |
What is NOT a feature of threshold cryptography? | Reliance on central authority (X) |
Proxy re-encryption is designed to ____? | Protect user data and enforce access controls |
Which are features of the Threshold Network? | All are correct. |
Threshold was created from the first-ever decentralized merger of the NuCypher and ___ Networks? | keep |
Threshold cryptography empowers users to no longer have to make a trade-off between usability and ____. | Privacy |
Binance Learn & Earn BUSD Quiz answers
BUSD Quiz | Answers |
---|---|
I have noticed that…. | False |
The main benefit of keeping …. | False |
Why KYC ? | – Its part … – KYC improves … – KYC Check … – KYC proactively … |
What is Cryptocurrency? | A Cryptocurrency is a form of digital cash that enable …. |
Binance Learn & earn XTZ Quiz answers
Binance XTZ Quiz | Answers |
---|---|
What is Tezos’ native coin? | tez (xtz) |
How does Tezos increase security in the network? | By being deeply decentralized |
What are some of the types of decentralized applications built on the Tezos blockchain? | All of the above |
What are some use cases of Tezos’ native coin? | Voting rights dan Becoming a validator (pilih 2 2 nya) |
Who can participate in securing the network? | – Users who delegate their Tez (XTZ) tokens to bakers – Validators called bakers (pilih 2 2 nya) |
What is the consensus mechanism model used by Tezos called? | Liquid Proof of Stake |
What Is Tezos (XTZ)? | Tezos’ unique self-amending protocol prevents hard forks, dan Tezos’ code is open-source code |
Binance Learn & earn IMX Quiz answers
Binance IMX Quiz | Answers |
---|---|
Which blockchain is the Immutable X ecosystem built for? | Ethereum |
Users can trade NFTs on any of the marketplaces built on Immutable X. | TRUE |
What can token holders do with the IMX token? | Pay for fees on Immutable X, Vote for governance proposals, Stake to earn IMX rewards (pilih 3 3 nya) |
Who can build on IMX? | All are correct |
What can users do with the Immutable X APIs and SDKs? | All are correct |
Which scaling technology does Immutable X use? | ZK-Rollups |
Which statement best describes Immutable X? | A layer 2 scaling solution for NFTs on Ethereum. |
Which Immutable X feature can enhance the liquidity of NFT assets? | The Immutable X global order book |
What is Immutable X trying to achieve? | All are correct |
Which ZK proof does Immutable X use? | STARK proof |
Binance Learn & earn MULTI Quiz answers
Binance MULTI Quiz | Answers |
---|---|
What are the use cases of MULTI? | Governance and staking |
How many tokens are currently supported by Multichain? | 1000+ |
What is the total supply of Multichain’s native token? | 100 M |
What are the solutions that Multichain offers for seamless transfer of assets? | Cross-Chain Bridges, Routers, and anyCall |
What is the native coin of Multichain? | MULTI |
How is consensus reached in Multichain? | Independent nodes that own part of a private key collectively sign transactions. |
Interoperability is the concept of independent blockchains being able to interact with each other. | true |
What benefits do users sending assets from one network to another enjoy? | All are correct. |
What’s the difference between Multichain’s bridges and routers? | Bridges enable interoperability between two chains while routers enable interoperability between any chain. |
Binance Learn & Earn SHIB Quiz Answers
Binance Learn & Earn SHIB Quiz | Answers |
---|---|
Using BND Trading Fees grant users a discount | True |
Binance Flexible Savings can not be subscribed to and redeemed | False |
What is the trading fee when I use Binance Crypto to Buy | 0 |
What are the essential steps to get started | Select All |
A Market Order is type of order to buy or sell a security at a specified price is better | False |
I don’t need to complete KYC to buy Crypto | False |
Binance Learn & Earn Terra (LUNA) Quiz Answers
Binance Terra (LUNA) Quiz | Answers |
---|---|
Q1. What US dollar amount of LUNA can you convert one TerraUSD into? | $1 |
Q2. Terra stablecoins are overcollateralized. True or false? | False |
Q3. Which of the following fiat currencies have stablecoin versions on Terra? | All of the above |
Q4. Where can you stake LUNA to take part in Terra governance? | Terra Station |
Q5. For its consensus mechanism, Terra uses: | Delegated Proof of Stake |
Q6. Terra is based in Mongolia. True or false? | False |
Q7. Anchor Protocol allows users to borrow crypto through: | Over-collateralization |
Q8. You can earn ANC on Anchor Protocol by: | Staking certain LP Tokens, Staking ANC, Borrowing stablecoins |
Q9. Terra was created using: | Cosmos SDK |
Binance Learn & Earn WOO Quiz Answers
Binance WOO Network Quiz | Answers |
---|---|
Q1) What share of Woo Network’s revenue contributes to the monthly buyback and burn? | 50% |
Q2) what is Woo Network’s centralized exchange called? | W00 X |
Q3) How much does Kronos research trade each day?. | $1 Billion+ |
Q4) What network did WOOFi first launch on? | BNB Chain |
Q5) Who benefits from WOO Network’s services? | All of the above |
Q6) WoO Network was selected as a judge in BIN Chain’s most valuable builder program? True or false? | False |
Q7) Who invested in WOO network’s series A+ fundraising round in 2021? | Binance Labs |
Q8) Which ecosystems are partnered with WOO DAO? | All of the above |
Q9) WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. True or false? | True |
Binance Learn & Earn QTUM Quiz Answers
Binance Learn & Earn QTUM Quiz | Answers |
---|---|
You can purchase QTUM on binance by: | All of the Above |
Holding QTUM allows you to vote on proposal. True or false? | False |
When did the QTUM mainnet launch? | September 2017 |
Block rewards are split betweet: | Ten Super Staker |
QTUM holders can delegate their UTXOs behind Staker Stakers thrugh | Offline Staking |
Qtum’s account abstaction layer is designed to: | Combine UTXO accounting with smart contract Capabilities |
When delegate QTUM behind a super Staker, a user must: | Provide their wallet address to a super staker |
8. QTUM Combines | UTXO Accounting Smart Contract Capabilities |
Binance Learn & Earn COTI Quiz Answers
Binance Learn & Earn COTI Quiz | Answers |
---|---|
Select is the network(s) in which COTI operates: | All are correct |
How does COTI keep ITS transaction fees low? | All are correct |
What does COTI MultiDAG enable? | The ussuance of tokens on top of the trustchain protocol |
The treasure distrubutes reward to COTI holders based on fees collected from: | All of COTI’s product, including treasury, COTI pay bussines, Djed, and more |
Which type of consensus algorithm is used on the COTI network? | PoT (proff of trust) |
How can i earn rewards from the COTI ecosystem? | Deposit native COTI into the Treasury |
COTI is powering Djed, which is___ first algorithmic stablecoin | Cardano’s |
What is COTI? | A layer-1 blockchain Ecosystem designed for payments |
Binance Learn & Earn HARMONY Quiz Answers
Binance Learn & Earn HARMONY Quiz | Answers |
---|---|
Why should tokens have a finite supply? | To avoid inflation and incentivize token appreciation |
What consencys mechanism does harmony use? | Effective proof of stake |
Which technologies does harmony implemet to achieve scalability without sacrificing security? | Sharding and effective proff of stake |
What is harmonys yearly network reward to validators? | 441 million tokens |
Which of these DAOs have been funded by Harmony? | All are correct |
What’s makes up the yearly reward at harmony? | Issuance + transaction fees |
Harmony has created bridges for which chains? | All are correct |
How much Grant Will harmony provide to new projects through the harmony Ecosystem fund? | $300 Million |
How many DAOs does Harmony aim to find in the future? | 10,000 |
Binance Learn & Earn Polkastarter Quiz Answers
Binance Learn & Earn Polkastarter Quiz | Answers |
---|---|
What is Polkastarter? | Polkastarter is a decentralized crowdfunding platform and leading IDO launchpad. |
Polkastarter was founded in 2020, by Daniel Stockhaus, Tiago Martins, and Miguel Leite. | True |
Polkastarter aims to become multichain. Which chains does the launchpad support? | Polkastarter currently supports Ethereum, BNB Chain, Polygon, Celo, and Avalanche. |
What are Polkastarter’s key features? | Fixed Swap Pools, IDO farming and Polkastarter gaming |
POLS is the Polkastarter utility token. Holding or staking POLS allows users to enter IDO’s and NFT sales with higher chances of success. True or false? | True |
What are the requirements to participate in an IDO on Polkastarter? | Users must hold or stake 250 POLS or more, pass KYC, and be allowlisted. |
How many POLS is it necessary to hold or stake to be eligible for the allowlist? | 250 POLS or more. |
Besides IDOS, what other types of investment opportunities can the community find at Polkastarter? | Polkastarter Gaming & NFT Sales |
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7. You will get all the Binance Learn & Earn Quiz Answers Winning Amount in your Spot Account Wallet.
8. You can trade it on your Spot Account or convert all penny currencies in your Wallet and Sale it.
Terms & Conditions :
- All new KYC users registered from 2022-05-19 00:00 AM (UTC) onward will be eligible to participate in the program. Illegally bulk registered accounts shall not be eligible to participate or receive any rewards.
- Rewards are limited and are available on a first-come, first-served basis. Users can only claim the reward for each course after completing the quiz.
- Eligible users may complete multiple quizzes to claim multiple rewards.
- The actual value of the reward received may be subject to change due to market fluctuation.
- Rewards will be distributed within 48 hours to qualified learners who pass the quiz. Users may check their rewards via Account > Reward Center.
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