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Binance Quiz Upto $10 Free
1) Tap on the link given below and signup or login to your Binance account. Click Here
2) Must complete your KYC verification which is mandatory for collecting rewards.
3) Visit the learn & earn quiz page from the Binance app dashboard or visit here.
4) New Binance learn & earn quizzes will go live on 24th August 2022, 09:00 AM (UTC).
5) Take the quiz once it goes live and earn assured crypto rewards of up to $10.
6) Rewards are limited and are available on a first-come, first-served basis.
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Binance XRP Ledger, LSK, BTTC Quiz Answers
Quiz will go live on 24th August @ 09:00, UTC
Binance Learn And Earn Quiz Answers Today – Refresh Here
Binance XRP Ledger 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 grow your crypto holdings
Q6) What is NOT staking?
Answer: Generate returns by trading your coins
Q7) Once you subscribe to the Locked Staking, interests will be calculated from the following day, and are distributed to your Spot Wallet every day. True or false?
Answer: true
Q8) When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _.
Answer: spot wallet
Q9) Binance Locked Staking’s locking period for different products is the same. True or false?
Answer: False
Terms & Conditions
- Rewards are limited and are available on a first-come, first-served basis.
- Users can only claim the reward for each course after completing the respective quiz.
- There will be caps imposed on the number of rewards available to eligible users per country.
- Eligible users may complete multiple quizzes to claim multiple rewards.
- Rewards will be distributed within 48 hours to qualified learners who pass the quiz.
- Users may check their rewards via account > reward center.