Binance Learn And Earn BNB, BUSD, SOL, HFT, HOOK Token Quiz Answer

An novel program called “Binance Learn And Earn BNB, BUSD, SOL” has been started by Binance, a well-known name in the cryptocurrency world. It is the goal of this project to mix learning with prizes, giving people a unique chance to learn a lot about blockchain while also getting free crypto.

What is “Binance Learn And Earn BNB, BUSD, SOL”?  

A new project by Binance called Binance Learn & Earn connects learning about cryptocurrencies with getting paid for them. Through carefully chosen classes, this program gives users the chance to learn more about the ins and outs of blockchain technology. In addition, people who complete these lessons and quizzes successfully are rewarded with free cryptocurrencies like BNB, BUSD, and SOL. This method not only teaches but also motivates people to get involved in the crypto world in real life.

All Users FCFS Event

Activity Period: 2023-01-30 09:00 (UTC) to 2023-02-13 09:00 (UTC)

Reward Type:

Digital AssetsPrincipal RewardDurationStandard Annualized Interest Rate
SOL0.05 SOL150 Days10%
HOOK0.6 HOOK150 Days10%
HFT2 HFT150 Days10%

How To Participate

Follow All Screenshot

1. open binance exchange & click more option

2. then click learn & Earn option 

3. select Quiz token & click start learning 

4. click start quiz option 

Binance Learn & Earn BUSD Quiz Answer:-

Q1. What is the name of the BUSD-pegged token Binance offers on BNB chain and other chains?

Answer: Binance-peg BUSD

Q2. What is the total supply of BUSD?

Answer: Just over 22 billion

Q3. Which chain is BUSD minted on by Paxos?

Answer: Ethereum

Q4. Who regulates BUSD?

Answer: NYDFS (New York Department of Financial Services)

Q5. Who mints BUSD?

Answer: Paxos

Q6. What fiat currency is BUSD pegged to?

Answer: U.S. Dollar

Q7. BUSD is backed 1:1 with:

Answer: Cash reserves

Q8. How can you purchase BUSD or Binance-Peg BUSD?

Answer: All are correct

Q9. What can BUSD be used for?

Answer: All are correct

Q10. Which of the following descriptions is incorrect?

Answer: BUSD doesn’t provide a monthly basis attestation report.

Binance learn and earn BNB Quiz Answer

Q1. BEP-2 BNB is the native coin of Ethereum. True or false?

Answer: False

Q2. What use cases does BNB have?

Answer: All are correct

Q3. Which token standards exist for BNB?

Answer: All are correct

Q4. Owning BNB provides you with a share of Binance’s profits.

Answer: False

Q5. Which token standards exist for BNB?

Answer: All are correct

Q6. BNB was originally issued as a:

Answer: ERC-20 token on Ethereum

Q7. What was BNB’s initial sale price during its distribution?

Answer: 1 ETH for 2700 BNB and 1 BTC for 20,000 BNB

Q8. BNB launched through an initial game offering (IGO) in 2017?

Answer: False

Q9. What is the total supply of BNB?

Answer: 200 million BNB

Binance learn and earn HOOK Quiz Answer

Q: What is Hooked Protocol?

A: Web3 Gamified Social Learning Platform

Q: What is the first pilot app of Hooked Protocol?

A: Wild Cash

Q: What is the latest number of monthly active users of Wild Cash?

A: Over 3 Million

Q: What network did Hooked Protocol first launch on?

A: BNB Chain

Q: How many Hook will be in the circulating supply upon listing?

A: 10% of total supply

Q: How does the Hooked token structure work?

A: There is an only utility token uHGT

Q: Which one of the following is the HOOK token function?

A: All are correct

Q: Hooked Protocol is building the on-ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3. True or false?

A: True

Q: Who are the target users that Hooked Protocol will provide services to fulfill the mission?

A: All are correct

Q: What are the highlights of Hooked Protocol achieved so far?

A: All are correct

Binance Learn and earn HFT Quiz Answer 

Q: Which exchange was the first to list the Hashflow token (HFT)?

A: Binance 

Q: How much does Hashflow charge in fees? 

A: 0%

Q: What makes Hashflow different from other DEXs?

A: Hashflow uses the RFQ model for market making. 

Q:  What is HFT’s utility?

A: Governance and in-DAO Health & Rewards. 

Q: What is unique about trading on Hashflow?

A: All are correct

Q: How does one start trading on Hashflow?

A: Connect your wallet. 

Q: What is The Hashverse?

A: Hashflow’s story-driven and gamified governance DAO.

Q: What is Hashflow’s total volume? 

A: $11 billion

Binance learn and earn SOL Quiz Answer

Q) Which of these is not one of the

technical design features that allow

Solana to process transactions at a

higher rate?

A: Proof-of-work

Q) As of September 2022, what is

the energy impact of a single Solana

transaction on average?

A: Less than a Google search (~500

Q) What can you use SOL for?

A: All are correct

Q) What is the average Solana

transaction fee?

A: $0.00025

Q) What is Saga?

A: A crypto-friendly mobile phone that

uses the Solana Mobile Stack

Q) How quickly does it take the Solana

Pay protocol to process a transaction

globally?

A: A few seconds

Q) Firedancer, a new Solana validator

client being developed by Jump

Crypto, can process how many TPS in

a test environment?

A: 1,200,000

Q) Solana uses mining to secure its

network.

A: raIse

Q) As of December 2022, how many

NFTs have been minted using Solana?

A: 22,700,000

Q) Which of the following established

companies support or have integrated

Solana?

A: All are correct

Q) As of December 2022, how many

NFTs have been minted using Solana?

A: 22,700,000

Q) Which of the following established

companies support or have integrated

Solana?

A: All are correct

Conclusion

In summary, Binance Learn & Earn stands out as an exemplary program in the crypto education landscape. It offers a unique blend of learning and earning, making it an attractive option for both newcomers and seasoned crypto enthusiasts.

Leave a Comment