Binance Learn And Earn Quiz Answer
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Binance BUSD Beginner Quiz Answer :-
Q1. What are the essential steps to start margin trading on Binance?
Answer:- Deposit funds Into your Margin Account
Q2. What’s the benefit(s) of Binance margin trading?
Answer:-All of the above
Q3. Where do Binance Margin traders place their orders?
Answer:-Spot market
Q4. Margin trading lets you:
Answer:-Amplify your gains and losses
Q5. What’s the maximum level of leverage Binance Margin provides?
Answer:-10X
Q6. When receiving a margin call notification, what should you do?
Answer:-Reduce your position to repay the debt or add more collateral into the margin account
Binance JASMY Quiz Answer:-
Q1. What does the Metaverse Fund..
Ans: All are correct
Q2. Which of the following is characteristic…
Ans: All are correct
Q3. What is Jasmys goal
Ans: To promote data democracy
Q4. How many JASMY token are allocated..
Ans: 1 billion
Q5. Jasmy is based in Japan
Ans: True
Q6. Jasmy is making its foray into
Ans: Metaverse
Q7. Which exchange…
Ans: All are correct
Q8. In which of the following ways…
Ans: PoW
Binance BSW Quiz Answer:-
Q1. What is the trading fee…
Ans: 0.1
Q2.Biswaps core products include
Ans: All are correct
Q3. Biswap is a…
Ans: Decentralized exchange using a AMM model
Q4. Who was Biswap audited by?
Ans: CertiK
Q5. How is the Biswap NFT marketplace…
Ans: Distributor equally between buyers and sellers in Robi Boosts
Q6. What is max supply of BSW
Ans: 700 million
Q7. What is the current BSW…
Ans: 16 BSW
Q8. What is the maximum…
Ans: 20
Q9. What is Biswap native token
Ans: BSW
Binance RUNE Quiz Answer:-
Q1. THORChain is a layer…
Ans: False
Q2. How would a BTC-to-ETH…
Ans: Internally
Q3. What is the role of a trade…
Ans: Function
Q4. How many types…
Ans: 4
Q5. What is the total supply…
Ans: 500
Q6. What is the native coin…
Ans: RUNE
Q7. Which of the following…
Ans: RUNE is used
Q8. How does THORChain…
Ans: Tendermint Byzantine Tolerance, Cosmos-SDK, and Threshold Signature Scheme(TSS)
Q9. Who secures the network
Ans: Node Operators
Q10. What are the use cases of…
Ans: Governance, incentivization, settlement and network security
Binance Harmony Quiz Answer:-
Q1. Why should tokens have a finite supply?
Ans:-To avoid inflation and incentivize token appreciation
Q2. What consencys mechanism does harmony use?
Ans:- Effective proff of stake
Q3. Which technologies does harmony implemet to achieve scalability without sacrificing security?
Ans:-Sharding and effective proff of stake
Q4. What is harmonys yearly network reward to validators?
Ans:- 441 million tokens
Q5. Which of these DAOS have been funded by Harmony?
Ans:-All are correct
Q6. What’s makes up the yearly reward at harmony?
Ans:-Issuance + transaction fees
Q7. Harmony has created bridges for which chains?
Ans:-All are correct
Q8. How much Grant Will harmony provide to new projects through the harmony Ecosystem fund?
Ans:-$300 Million
Q9. How many DAOS does Harmony aim to find in the future?
Ans:-10.000
Binance COTI Quiz Answer:-
Q1. Select is the network(s) in which COTI operates:
Ans:-All are correct
Q2. How does COTI keep ITS transaction fees low?
Ans:-All are correct
Q3. What does COTI MultiDAG enable?
Ans:-The ussuance of tokens on top of the trustchain protocol
Q4. The treasure distrubutes reward to COTI holders based on fees collected from:
Ans:- All of COTI’s product, including treasury, COTI pay bussines, Djed, and more
Q5. Which type of consensus algorithm is used on the COTI network?
Ans:-POT (proff of trust)
Q6. How can i earn rewards from the COTI ecosystem?
Ans:-Deposit native COTI into the Treasury
Q7. COTI ia powering Djed, which is first algorithmic stablecoin
Ans:-Cardano’s
Q8. What is COTI?
Ans:- A layer-1 blockchain Ecosystem designed for payments
Binance QTUM Quiz Answer:-
Q1. You can purchase QTUM on binance by:
Ans:-All of the above
Q2. Holding QTUM allows you to vote on proposal. True or false?
Ans:- False
Q3. When did the QTUM mainnet launch? Ans:-September 2017
Q4. Block rewards are split betweet:
Ans:- Ten Super Staker
Q5. QTUM holders can delegate their UTXOS behind Staker Stakers thrugh
Ans:- Offline staking
Q6. Qtum’s account abstaction layer ia designed to:
Ans:- Combine UTXO accounting with smart contract capabilities
Q7. When delegate QTUM behind a super Staker, a user must:
Ans:- Provide their wallet address to a super Staker
Q8. QTUM combines
Ans:- UTXO accounting
& Smart Contract capabilities
Binance SHIBA Quiz Answer:-
Q1. Using BNB to pay for trading fees will grant users a discount. (True or false?）
Answer :- true
Q2. What are the essential steps to get started with Spot trading?
Answer :- Select All Answer
Q3. Binance Flexible Savings cannot be subscribed to and redeemed at any time. (True or false?）
Answer :- False
Q4. What is the trading fee when I use Binance Convert to buy crypto?
Answer :- 0%
Q5. I don’t need to complete KYC to buy cryptocurrency. (True or false?）
Answer :- False
Q6. A market order is a type of order to buy or sell a security at a specified price or better. (True or false?）
Answer :- False
Binance Polkastarter Quiz Answers
Q1. What is Polkastarter?
Ans:-Polkastarter is a decentralized crowdfunding platform and leading IDO launchpad.
Q2. Polkastarter was founded in 2020, by Daniel Stockhaus, Tiago Martins, and Miguel Leite.
Ans:- True
Q3. Polkastarter aims to become multichain. Which chains does the launchpad support?
Ans:- Polkastarter currently supports Ethereum, BNB Chain, Polygon, Celo, and Avalanche.
Q4. What are Polkastarter’s key features?
Ans:- Fixed Swap Pools, IDO farming and Polkastarter gaming
Q5. 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?
Ans:-True
Q6. What are the requirements to participate in an IDO on Polkastarter?
Ans:- Users must hold or stake 250 POLS or more, pass KYC, and be allowlisted.
Q7. How many POLS is it necessary to hold or stake to be eligible for the allowlist?
Ans:- 250 POLS or more.
Q8. Besides IDOS, what other types of investment opportunities can the community find at Polkastarter?
Ans:-Polkastarter Gaming & NFT Sales
Binance Terra (LUNA) Quiz Answer:-
Q1. What US dollar amount of LUNA can you convert one TerraUSD into?
Ans:- $1
Q2. Terra stablecoins are overcollateralized. True or false?
Ans:- False
Q3. Which of the following fiat currencies have stablecoin versions on Terra?
Ans:- All of the above
Q4. Where can you stake LUNA to take part in Terra governance?
Ans:- Terra Station
Q5. For its consensus mechanism, Terra uses:
Ans:- Delegated Proof of Stake
Q6. Terra is based in Mongolia. True or false?
Ans:- False
Q7. Anchor Protocol allows users to borrow crypto through:
Ans:- Over-collateralization
Q8. You can earn ANC on Anchor Protocol by:
Ans:- Staking certain LP Tokens, Staking ANC, Borrowing stablecoins
Q9. Terra was created using:
Ans:- Cosmos SDK
Binance WOO Network Quiz Answers
Q1. What share of Woo Network’s revenue contributes to the monthly buyback and burn?
Ans:- 50%
Q2. what is Woo Network’s centralized exchange called?
Ans:-WOO X
Q3. How much does Kronos research trade each day?.
Ans:- $1 Billion+
Q4. What network did WOOFI first launch on?
Ans:- BNB Chain
Q5. Who benefits from WOO Network’s services?
Ans:-All of the above
Q6. WOO Network was selected as a judge in BIN Chain’s most valuable builder program? True or false?
Ans:- False
Q7. Who invested in WOO network’s series A+ fundraising round in 2021?
Ans:-Binance Labs
Q8. Which ecosystems are partnered with WOO DAO?
Ans:- All of the above
Q9. WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. True or false?
Ans:- True
Binance Ankr Quiz Answer:-
Q1. Which of the following best describes Ankr?
Ans:- Ankr provides decentralized blockchain node infrastructure along with an entire product suite that makes it easier to build and earn on Web3.
Q2. What is the utility of the native ANKR token?
Ans:- All of the above.
Q3. Ankr helps developers access data from blockchains via Remote Procedure Calls (RPCs) and Application Programming Interfaces (APIs).
Ans:- True.
Q4. Ankr provides Web3 tools for:
Ans:- All of the above.
Q5. Ankr Protocol is a marketplace for decentralized node infrastructure
Ans:- True.
Q6. What is liquid staking?
Ans:- Liquid staking provides instant liquidity for staked assets so users can earn staking rewards and other yields from multiple DeFi strategies at the same time.
Q7. Ankr has been decentralized since day one.
Ans:- False.
Q8. Ankr is one of the fastest-growing decentralized infrastructure providers.
Ans:- True
Q9. Who uses the ANKR token?
Ans:- All of the above.
Q10. ANKR token holders can vote on the overall direction of Ankr Protocol via Ankr DAO
Ans:- True.
Binance XTZ Quiz Answers :-
Q1. What is Tezos’ native coin?
Ans:- tez (xtz)
Q2. How does Tezos increase security in the network?
Ans:- By being deeply decentralized
Q3. What are some of the types of decentralized applications built on the Tezos blockchain?
Ans:- All of the above
Q4. What are some use cases of Tezos’ native coin?
Ans:- Voting rights dan Becoming a validator (pilih 2 2 nya)
Q5. Who can participate in securing the network?
Ans:- Users who delegate their Tez (XTZ) tokens to bakers
& Validators called bakers (pilih 2 2 nya)
Q6. What is the consensus mechanism model used by Tezos called?
Ans:- Liquid Proof of Stake
Q7. What Is Tezos (XTZ)?
Ans:- Tezos’ unique self-amending protocol prevents hard forks, dan Tezos’ code is open-source code (pilih 2 2 nya)
Binance IMX Quiz Answers :-
Q1. Which blockchain is the Immutable X ecosystem built for?
Ans:- Ethereum
Q2. Users can trade NFTs on any of the marketplaces built on Immutable X.
Ans:- TRUE
Q3. What can token holders do with the IMX token?
Ans:-Pay for fees on Immutable X, Vote for governance proposals, Stake to earn IMX rewards (pilih 3 3 nya)
Q4. Who can build on IMX?
Ans:- All are correct
Q5. What can users do with the Immutable X APIs and SDKs?
Ans:- All are correct
Q6. Which scaling technology does Immutable X use?
Ans:- ZK-Rollups
Q7. Which statement best describes Immutable X?
Ans:- A layer 2 scaling solution for NFTs on Ethereum.
Q8. Which Immutable X feature can enhance the liquidity of NFT assets?
Ans:- The Immutable X global order book
Q9. What is Immutable X trying to achieve?
Ans:- All are correct
Q10. Which ZK proof does Immutable X use?
Ans:- STARK proof
Binance Multi Quiz Answers :-
Q1. What are the use cases of MULTI?
Ans:- Governance and staking
Q2. How many tokens are currently supported by Multichain?
Ans:- 1000+
Q3. What is the total supply of Multichain’s native token?
Ans:- 100 M
Q4. What are the solutions that Multichain offers for seamless transfer of assets?
Ans:- Cross-Chain Bridges, Routers, and anyCall
Q5. What is the native coin of Multichain?
Ans:- MULTI
Q6. How is consensus reached in Multichain?
Ans:- Independent nodes that own part of a private key collectively sign transactions.
Q7. Interoperability is the concept of independent blockchains being able to interact with each other.
Ans:- true
Q8. What benefits do users sending assets from one network to another enjoy?
Ans:-All are correct.
Q9. What’s the difference between Multichain’s bridges and routers?
Ans:- Bridges enable interoperability between two chains while routers enable interoperability between any chain.
Binance BUSD Quiz Answers :-
Q1. I have noticed that….
Ans:- False
Q2. The main benefit of keeping ….
Ans:- False
Q3. Why KYC ?
Ans:-
– Its part …
– KYC improves …
– KYC Check …
– KYC proactively …
Q4 What is Cryptocurrency?
Ans:- A Cryptocurrency is a form of digital cash that enable ….
Binance KNC Quiz Answer:-
Q1. What is KyberSwap?
Ans:- All are correct
Q2. What is KyberDAO?
Ans:- Kyber Network’s community governance platform
Q3. Users can use KyberSwap’s Discover feature to discover potentially trending tokens.
Ans:- True
Q4. The Amplification (AMP) factor is used to ___.
Ans:- Mimic higher levels of liquidity
Q5. Which blockchain is KyberSwap based on?
Ans:- Ethereum
Q6. Users can earn KNC by
Ans:- All are correct.
Q7. KyberSwap uses a ___ Market Maker protocol?
Ans:- Dynamic
Q8. What is Kyber Network’s native token?
Ans:- KNC
Binance FRONT Quiz Answer:-
Q1. How does Frontier ensure the safety of its users?
Ans:- Frontier performs rigorous due diligence on all natively integrated projects, requiring them to show security proof via audit reports.
Q2. What is the role of FRONT in the Frontier ecosystem?
Ans:- 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.
Q3. What is the difference between native wallet integration by Frontier and non-native wallet integration?
Ans:- Native wallet integrations are implemented directly inside a wallet, while non-native rely on third-party applications and dapp browsers.
Q4. Which popular NFT marketplaces does Frontier support?
Ans:- All are correct
Q5. How many cryptocurrencies can you swap using Frontier?
Ans:- 4000+
Q6. Which non-EVM blockchains does Frontier currently support?
Ans:- Solana, Tezos, Algorand, Zilliqa, Bluzelle, Elrond, BNB Beacon Chain
Q7. What is native staking in Frontier?
Ans:- Native staking is the staking of assets with validators to secure a blockchain, performed natively within the Frontier wallet application
Q8. On which devices is Frontier supported?
Ans:- iOS & Android
Q9. What is the benefit of Frontier’s Smart DeFi Notifications?
Ans:- Smart DeFi Notifications keep users up-to-date on their DeFi, NFT, and GameFi positions across all networks
Binance REEF Quiz Answer:-
Q1. What consensus mechanism does the Reef ecosystem use?
Ans:- Nominated Proof of Stake
Q2. What does Reef stand for?
Ans:-Reliable, Extensible, Efficient, Fast
Q3. How much does the average transaction cost on Reef?
Ans:- $0.17
Q4. What does REEF-20 mean?
Ans:-The native utility token that powers the Reef blockchain
Q5. How many types of REEF tokens exist on the market?
Ans:- 3
Q6. What is Reef Finance?
Ans:- A layer 1 blockchain for DeFi, NFTs, and gaming
Q7. What is Reef’s current max token supply?
Ans:- There is no max supply
Q8. What are the types of REEF tokens?
Ans:- All of the options
Q9. How many transactions per second (TPS) is Reef able to process?
Ans:-Over 460 TPS
Binance T Quiz Answer:-
Q1. Proxy Re-encryption allows the sharing of encrypted data without decryption of data or the sharing of private keys. True or False?
Ans:- true
Q2. tBTCv2 is a bridge between Bitcoin and
Ans:- Ethereum
Q3. 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?
Ans:- true
Q4. What is NOT a feature of threshold cryptography?
Ans:- Reliance on central authority (X)
Q5. Proxy re-encryption is designed to
Ans:- Protect user data and enforce access controls
Q6. Which are features of the Threshold Network?
Ans:- All are correct.
Q7. Threshold was created from the first-ever decentralized merger of the NuCypher and Networks?
Ans:- keep
Q8. Threshold cryptography empowers users to no longer have to make a trade-off between usability and
Ans:- Privacy
Binance PAXG Quiz Answer:-
Q1. The value of a PAXG token is equal to:
Ans:- 1 troy oz. of physical gold
Q2. How do I know PAXG is fully backed by physical gold?
Ans:- An independent auditing firm performs monthly checks on Paxos’ gold reserves.
Q3. PAXG storage fees are
Ans:- 0.00%
Q4. When you own PAXG, you own physical gold. True or false?
Ans:- True
Q5. Paxos holds all customer assets, including PAXG, safely separate from any corporate funds and the company balance sheet. True or False?
Ans:- True
Q6. PAXG is regulated and approved by ____
Ans:- New York State Department of Financial Services
Q7. How can a PAXG holder look up their vaulted physical gold’s serial number and physical characteristics?
Ans:- Enter their Ethereum wallet address on the PAXG lookup tool.
Q8. Where are PAXG’s physical gold reserves stored?
Ans:- London Bank Vaults
Q9. Which gold tokens can be redeemed for physical gold?
Ans:- PAX Gold (PAXG)
Q10. PAXG is built as an ____
Ans:- ERC-20 token on the Ethereum blockchain
Binance STP Quiz Answer:-
Q1. What chains is STP bridging with its cross-chain technology?
Ans:- Ethereum to Polygon
Q2. Which participation metrics are trackable on Clique?
Ans:- All are correct
Q3. Which technology enables cross-chain governance on STP?
Ans:- Data Bridge
Q4. What problem does Clique solve?
Ans:- Fragmentation of DAO tools in the space
Q5. What is the main use case of STPT?
Ans:- Governance
Q6. What are the two main functions of Clique?
Ans:- DAO creation and DAO management
Q7. What type of DAOs does STP have a pre-made template for?
Ans:- Investment DAO, Membership DAO, and Project DAO
Q8. What is the native coin of STP?
Ans:- STPT
Q9. What is Clique
Ans:- 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.
Q10. For DAOs on layer-1 blockchains, how is the voting power for governance on Clique determined?
Ans:- 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 SKL Quiz Answer:-
Q1. How much are gas fees on the SKALE Network?
Ans:- zero
Q2. What type of blockchain is the SKALE Network?
Ans:- Modular Layer1/Layer2 Hybrid
Q3. What types of decentralized applications run on SKALE?
Ans:- All are correct
Q4. How does SKALE improve User Experience?
Ans:- All are correct
Q5. 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?
Ans:- true
Q6. How does SKALE increase the supply of SKALE Chains?
Ans:- Incentivizing SKALE chain creation through surge pricing.
Q7. SKALE is Ethereum compatible. True or false?
Ans:- true
Q8. How many Elastic Sidechains can be created in the SKALE ecosystem?
Ans:- An unlimited amount
Binance UMA Quiz Answer:-
Q1. What makes the OO optimistic?
Ans:- Proposed data will not require resolution unless it is disputed, and disputes are rare
Q2. How many tokens did UMA transfer to its DAO in 2021?
Ans:- 35 million tokens
Q3. Who are the three actors in the OO system?
Ans:- The contract requesting the data; the participant proposing the data; and the disputer
Q4. Why is there a reward associated with voting correctly?
Ans:- So there is an incentive to be correct
Q5. Why does the OO include a human component?
Ans:- Humans can provide any kind of knowable truth to a blockchain
Q6. What are the phases in the UMA voting process?
Ans:- Voting period; voting revealing period; reward collection period
Q7. What is the DAO tooling organization that is a sister protocol to UMA and Across and is secured by the OO?
Ans:- Outcome.Finance
Q8. How long does it typically take for the OO, through its UMA token holders, to resolve a dispute?
Ans:- 48 hours
Q9. What is UMA’s native token?
Ans:- UMA coin
Q10. What is the cross chain bridge empowered by UMA and its OO?
Ans:- Across
Binance BAND Quiz Answer:-
Q1. All of these concepts are related to Band Token EXCEPT for…
Ans:- Cash incentives
Q2. Which sentence is INCORRECT?
Ans:- Band Protocol leverages on-chain centralized oracles that link on-chain applications together.
Q3. Which characteristics differentiate Band Protocol from other oracle services?
Ans:- Decentralization, maximum customization and flexibility, easy scalability, economical cost, interoperability, and cross-chain
Q4. Which ecosystem(s) has/have partnered with Band Protocol?
Ans:- All are correct
Q5. Which of the following IS NOT a use case of the BAND token?
Ans:- To secure a discount when requesting data
Q6. Which sentence is CORRECT?
Ans:- BandChain’s Delegated Proof of Stake design and BAND token create a decentralized network.
Q7. What network is BandChain on?
Ans:- cosmos
Q8. Which characteristic DOES NOT correctly describe BAND Protocol?
Ans:- On-chain DeFi protocol
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