Binance 6YA Study Week Quiz Answer: Share 60,000 USDT Rewards Join the Binance’s 6th anniversary activities. Discover the benefits of blockchain technology and win a share of up to 60,000 USDT worth of rewards.
Put your knowledge to the test by completing a short quiz that consists of six questions. All users who answer all the questions correctly will stand a chance to win a piece of the reward pool.
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How to Participate Binance 6YA study week quiz
Login to your Binance account or signup if you do not have.
2. Now go to Binance 6YA study week page and take the quiz.
3. Submit the quiz answers correctly.
4. Qualified participants will share up to 60,000 USDT in token vouchers.
5. USDT voucher rewards will be distributed within 15 working days after the campaign ends.
6. The campaign is valid from 7th July 2023, 09:00 to 14th July 2023, 09:00 (UTC).
Binance 6YA Study Week Quiz Answers
1. What are crypto whales?
Answer – Whales are entities that hold large amounts of cryptocurrency and can influence markets with their trades.
2. What is a cryptocurrency?
Answer -A digital currency that uses cryptography for security.
3. Which of the following statements are true about blockchain technology?
Answer – Blockchain is a distributed ledger technology that supports transparency, security, and decentralization.
4. Which of the following statements are true about private and public keys?
Answer – Public keys are shared with others to receive funds, while private keys are used to access and spend those funds.
5. Which of the following is not a social engineering tactic?
Answer – 51% attacks
6. Return on investment = [(current value – original cost) / original cost] x 100%. Is this true or false?
Answer – True