Binace auto invest quiz answer


1. Auto-Invest enables users to buy crypto on a recurring basis. What investment strategy is applied?

Answer: Dollar-Cost Averaging (DCA)

2. John bought $1 worth of IOTX daily for the past 1 year for a total of $360. His purchased IOTX is now worth $280. What is the most accurate statement?

Answer: John’s portfolio is loss-making

3. After purchasing crypto via Auto-Invest, where will the funds be stored?

Answer: Funds will be subscribed to Simple Earn Flexible Product 

4. What is IoTeX’s multi-chain wallet called?

Answer: ioPay  

5. What type of data does W3bstream connect to smart contracts?

Answer: Smart device data

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