Binance Learn And Earn XRP, BTTC & LSK Quiz Answer

Binance is a well-known name in the cryptocurrency trading market. Its “Learn and Earn” program is a creative way to combine learning with making money. This project has quizzes on different cryptocurrencies, like XRP, BTTC, and LSK. These quizzes give users a unique chance to learn more about these digital assets while also getting rewards.

What is “Binance Learn And Earn XRP, BTTC & LSK Quiz Answer”?

The “Binance Learn and Earn” program is a smart way to teach people about cryptocurrencies. Users can do tasks that teach them about different digital assets. To be more specific, the XRP, BTTC, and LSK quizzes are meant to test and improve users’ knowledge of these coins. This project not only teaches users about the details of each digital object, but it also gives them rewards for taking the time to learn.

Event Date:- 24 Aug 2022

Event Time:- 02:30pm (IST)

 

All User’s FCFS Event

Binance Exchange:-  Click Here

PROCESS:- 

1. Binance Exchange Open kijiye & Home Page par learn and earn banner par click here 

2. Jis Quiz ka Ans Dena h vha Start Course ke Option Par Click kare

3. Dikhaye gaye tir ke anusar us par click kare 

4. Uske bad uper Start Quiz ka option aa jayega, us par click krke Quiz ka Answer dijiye 


Binance XRP Quiz Answers :-

Q1. XRPL is decentralized, permissionless, and open-source
Answer:- True

Q2. What is the native digital asset on the XRP Ledger?
Answer:- XRP

Q3. On average, how long does a transaction confirmation on the XRP Ledger take?
Answer:- 3 to 5 seconds

Q4. What is the XRP Ledger’s validation mechanism?
Answer:- Federated Consensus

Q5. What can the XRP Ledger be used for today?
Answer:- All the correct

Q6. What is the average cost of transactions on XRPL?
Answer:- Less than 1 cent

Q7. Which of the following describes the XRPL?
Answer:-All are correct

Q8. The XRPL’s built-in DEX is based on an order book model.
Answer:- True

Q9. The XRP Ledger is useful for developers because.
Answer:- They are able to code in Python, Java and JavaScript languages.

Binance LSK Quiz Answers :-

Q1. Which popular programming language does Lisk support?
Answer:- JavaScript

Q2. What consensus mechanism does Lisk currently utilize?
Answer:- Delegated Proof of Stake

Q3. Which token is used within the Lisk Network as a utility token?
Answer:- LSK

Q4. What is the current development goal for Lisk?
Answer:- To enable interoperability within the Lisk ecosystem

Q5. How will blockchain applications operate within the Lisk Ecosystem?
Answer:- On separate sidechains

Q6. What makes Lisk accessible to Web3 developers?
Answer:- All are correct

Q7. How can users benefit from Lisk’s accessibility?
Answer:- All are correct

Q8. What can LSK holders do with the token?
Answer:- All are correct

Binance BTTC Quiz Answers :-

Q1. “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time.
Answer:- Proof of Stake blockchain


Q2. With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false?
Answer:- False


Q3. What can you NOT do on Binance Earn?
Answer:- Conduct leveraged trading to amply the returns


Q4. Which of the following is a form of passive income?
Answer:- Alice stakes her crypto holdings


Q5. What can you do with Binance Earn?
Answer:- Select different products to

Conclusion

In conclusion, Binance’s Learn and Earn program, particularly the quizzes on XRP, BTTC, and LSK, stands as a testament to the innovative ways in which cryptocurrency platforms are engaging users. This program not only incentivizes learning but also contributes significantly to the broader understanding and adoption of cryptocurrencies.

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