Binance Learn And Earn XRP, BTTC & LSK Quiz Answer

 Binance Learn And Earn XRP, LSK, BTTC Quiz Answer

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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

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