Binance Learn & Earn

Announcement :- https://www.binance.com/en/support/announcement/d23881337cf4440f98ad195e2448aa3f

Date: 7th December, 2.30 PM [ Today ]

👉 BUSD Quiz Anwar:
Q: The main benefit of keeping your crypto in a non-custodial wallet is that you won’t lose your crypto if you forget your password. （True or false?）
A: False
Q: Why KYC(Know Your Customer) matters？
A: Selecte All
Q: What is a cryptocurrency?
A: A cryptocurrency is a form of digital cash that enables individuals to transmit value in a digital setting.
Q: I have noticed that my Ethereum and BSC wallet addresses are identical. However, it doesn't matter if I choose to transfer my crypto asset to any of these two networks. (True or false?)
A: False
Q: BNB Smart Chain and Ethereum network are different networks, similar to various banks. We need to select the correct deposit address to make a deposit. What steps should you follow to deposit your crypto into Binance?
A: Check if Binance supports the token you are depositing > Select a deposit network that the withdrawal platform supports > Retrieve the deposit address from Binance > Proceed to deposit with the deposit address > Check and verify your deposit after the transaction has been processed on-chain.

👉 SHIB Quiz Anwar:
Q: I don’t need to complete KYC to buy cryptocurrency. (True or false?）
A: False
Q: What is the trading fee when I use Binance Convert to buy crypto?
A: 0
Q: A market order is a type of order to buy or sell a security at a specified price or better. (True or false?）
A: False
Q: Binance Flexible Savings cannot be subscribed to and redeemed at any time.  (True or false?）
A: False
Q: Using BNB to pay for trading fees will grant users a discount. (True or false?）
A: True
Q: What are the essential steps to get started with Spot trading? 
A: Selecte All

👉KNC Quize Anwar

Q: What is KyberSwap?
A: All are correct

Q: What is KyberDAO?
A: Kyber Network’s community governance platform

Q: Users can use KyberSwap’s Discover feature to discover potentially trending tokens.
A: True

Q: The Amplification (AMP) factor is used to ___.
A: Mimic higher levels of liquidity

Q: Which blockchain is KyberSwap based on?
A: Ethereum

Q: Users can earn KNC by
A: All are correct.

Q: KyberSwap uses a ___ Market Maker protocol?
A: Dynamic

Q: What is Kyber Network’s native token?
A: KNC


👉FONT Quize Anwar

Q: How does Frontier ensure the safety of its users?
A: Frontier performs rigorous due diligence on all natively integrated projects, requiring them to show security proof via audit reports.

Q: What is the role of FRONT in the Frontier ecosystem?
A: 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.

Q: What is the difference between native wallet integration by Frontier and non-native wallet integration?
A: Native wallet integrations are implemented directly inside a wallet, while non-native rely on third-party applications and dapp browsers.

Q: Which popular NFT marketplaces does Frontier support?
A: All are correct

Q: How many cryptocurrencies can you swap using Frontier?
A: 4000+

Q: Which non-EVM blockchains does Frontier currently support?
A: Solana, Tezos, Algorand, Zilliqa, Bluzelle, Elrond, BNB Beacon Chain

Q: What is native staking in Frontier?
A: Native staking is the staking of assets with validators to secure a blockchain, performed natively within the Frontier wallet application

Q: On which devices is Frontier supported?
A: iOS & Android

Q: What is the benefit of Frontier's Smart DeFi Notifications?
A: Smart DeFi Notifications keep users up-to-date on their DeFi, NFT, and GameFi positions across all network

Wait more answers soon

Algo answers

What is algorand ??

Algorand is a blockchain network

What is the algorand foundation??

2019

How does algorand work ??

Proof of stake

What is algos use cases ??

Native coin

🛑BNB Answers

1) BNB Smart Chain and Ethereum network are different networks, similar to various banks. We need to select the correct deposit address to make a deposit. What steps should you follow to deposit your crypto into Binance?

🔺Answer :- Check if Binance supports the token you are depositing > Select a deposit network that the withdrawal platform supports > Retrieve the deposit address from Binance > Proceed to deposit with the deposit address > Check and verify your deposit after the transaction has been processed on-chain.

2) What is a cryptocurrency?

🔺Answer :- A cryptocurrency is a form of digital cash that enables individuals to transmit value in a digital setting.

3) Why KYC(Know Your Customer) matters？

🔺Answer :- Select All 4 Answer

4) I have noticed that my Ethereum and BSC wallet addresses are identical. However, it doesn't matter if I choose to transfer my crypto asset to any of these two networks. (True or false?)

🔺Answer :- False

5) The main benefit of keeping your crypto in a non-custodial wallet is that you won’t lose your crypto if you forget your password. （True or false?）

🔺Answer :- false

Algo