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Binance 6th anniversary Quiz Answer
Q1. What are crypto whales?
Ans:-Whales are entities that hold large amounts of cryptocurrency and can influence markets with thest trades.
Q2. What is a cryptocurrency?
Ans:- A digital currency that uses cryptography for security
Q3. Which of the following statements are true about blockchain technology?
Ans:- Blockchain is a distributed ledger technology that supports transparency, security, and decentralization.
Q4. Which of the following statements are true about private and public keys??
Ans:- Public keys are shared with others to receive funds while private keys are used to access and spend those funds.
Q5. Which of the following is not a social engineering tactic?
Ans:- 51% Attacks
Q6. Return on investment = [(current value-original cost)/ original cost] x 100%. Is this true or False..?