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

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

All Users FCFS Event

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

Reward Type:

Digital Assets
Principal Reward
Duration
Standard Annualized Interest Rate
SOL
0.05 SOL
150 Days
10%
HOOK
0.6 HOOK
150 Days
10%
HFT
2 HFT
150 Days
10%



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


Thank you ❤️

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