Binance Learn And Earn Doge Quiz Answer | Binance Doge Quiz Answer I Earn Free 15 Doge Token

 Binance Learn And Earn Doge Quiz Answer | Binance Doge Quiz Answer 

Reward:- 15 Doge Token

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Binance Learn And Earn Doge Quiz Answer

Q1. What is a cryptocurrency?

Ans:- A cryptocurrency is a form of digital cash that enables individuals to transmit value in a digital setting.

Q2. The main benefit of keeping your crypto in a non-custodial wallet is that you won’t lose your crypto if you forget your password.

Ans:- False

Q3. network are different networks, similar to various banks. We need to select the correct deposit address to make a deposit. What steps should you follow to deposit your crypto into Binance?

Ans:- Check if Binance supports the token you are depositing > Select a deposit network that the withdrawal platform supports > Retrieve the deposit address from Binance > Proceed to deposit with the deposit address > Check and verify your deposit after the transaction has been processed on-chain

Q4. I have noticed that my Ethereum and BSC wallet addresses are identical. However, it doesn’t matter if I choose to transfer my crypto asset to any of these two networks.

Ans:- False

Q5. Why KYC(Know Your Customer) matters?


-KYC proactively combats criminal activities.

-KYC improves your account security level and provides access to Binance product offerings.

-KYC checks require financial service providers to identify and verify their customers’ identities.

-It’s part of Anti-Money-Laundering (AML) & Countering Financing of Terrorism (CFT) compliance efforts to conduct customer due diligence and combat financial crimes

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