π₯π₯ Binance learn and earn Event - 2 π₯π₯
ππ https://academy.binance.com/en/learn-and-earn
ππ https://academy.binance.com/en/learn-and-earn
π1
ππ COTI Quiz Answer :
1) Select is the network(s) in which COTI operates:
π All are correct
2) How does COTI keep ITS transaction fees low?
π All are correct
3) What does COTI MultiDAG enable?
π The issuance of tokens on top of the trustchain protocol
4) The treasure distrubutes reward to COTI holders based on fees collected from:
π All of COTIβs product, including treasury, COTI pay bussines, Djed, and more
5) Which type of consensus algorithm is used on the COTI network?
π PoT (proff of trust)
6) How can i earn rewards from the COTI ecosystem?
π Deposit native COTI into the Treasury
7) COTI ia powering Djed, which is___ first algorithmic stablecoin
π Cardanoβs
8) What is COTI?
π A layer-1 blockchain Ecosystem designed for payments
1) Select is the network(s) in which COTI operates:
π All are correct
2) How does COTI keep ITS transaction fees low?
π All are correct
3) What does COTI MultiDAG enable?
π The issuance of tokens on top of the trustchain protocol
4) The treasure distrubutes reward to COTI holders based on fees collected from:
π All of COTIβs product, including treasury, COTI pay bussines, Djed, and more
5) Which type of consensus algorithm is used on the COTI network?
π PoT (proff of trust)
6) How can i earn rewards from the COTI ecosystem?
π Deposit native COTI into the Treasury
7) COTI ia powering Djed, which is___ first algorithmic stablecoin
π Cardanoβs
8) What is COTI?
π A layer-1 blockchain Ecosystem designed for payments
ππ QTUM Quiz Answer :
1) You can purchase QTUM on binance by:
π All of the above
2) Holding QTUM allows you to vote on proposal. True or false?
π False
3) When did the QTUM mainnet launch?
π September 2017
4) Block rewards are split betweet:
π Ten Super Staker
5) QTUM holders can delegate their UTXOs behind Staker Stakers thrugh
π Offline staking
6) Qtumβs account abstaction layer ia designed to:
π Combine UTXO accounting with smart contract capabilities
7) When delegate QTUM behind a super Staker, a user must:
π Provide their wallet address to a super Staker
8) QTUM combines
π UTXO accounting
π Smart Contract capabilities
1) You can purchase QTUM on binance by:
π All of the above
2) Holding QTUM allows you to vote on proposal. True or false?
π False
3) When did the QTUM mainnet launch?
π September 2017
4) Block rewards are split betweet:
π Ten Super Staker
5) QTUM holders can delegate their UTXOs behind Staker Stakers thrugh
π Offline staking
6) Qtumβs account abstaction layer ia designed to:
π Combine UTXO accounting with smart contract capabilities
7) When delegate QTUM behind a super Staker, a user must:
π Provide their wallet address to a super Staker
8) QTUM combines
π UTXO accounting
π Smart Contract capabilities
π1
ππ Harmony Quiz Answer:
1) Why should tokens have a finite supply?
π To avoid inflation and incentivize token appreciation
2) What consencys mechanism does harmony use?
π Effective proff of stake
3) Which technologies does harmony implemet to achieve scalability without sacrificing security?
π Sharding and effective proff of stake
4) What is harmonys yearly network reward to validators?
π 441 million tokens
5) Which of these DAOs have been funded by Harmony?
π All are correct
6) Whatβs makes up the yearly reward at harmony?
π Issuance + transaction fees
7) Harmony has created bridges for which chains?
π All are correct
8) How much Grant Will harmony provide to new projects through the harmony Ecosystem fund?
π $300 Million
9) How many DAOs does Harmony aim to find in the future?
π 10,000
1) Why should tokens have a finite supply?
π To avoid inflation and incentivize token appreciation
2) What consencys mechanism does harmony use?
π Effective proff of stake
3) Which technologies does harmony implemet to achieve scalability without sacrificing security?
π Sharding and effective proff of stake
4) What is harmonys yearly network reward to validators?
π 441 million tokens
5) Which of these DAOs have been funded by Harmony?
π All are correct
6) Whatβs makes up the yearly reward at harmony?
π Issuance + transaction fees
7) Harmony has created bridges for which chains?
π All are correct
8) How much Grant Will harmony provide to new projects through the harmony Ecosystem fund?
π $300 Million
9) How many DAOs does Harmony aim to find in the future?
π 10,000
π4β€1
Income therapy
ππ Harmony Quiz Answer: 1) Why should tokens have a finite supply? π To avoid inflation and incentivize token appreciation 2) What consencys mechanism does harmony use? π Effective proff of stake 3) Which technologies does harmony implemet to achieve scalabilityβ¦
ππ SHIBA Answer :
1) Using BNB to pay for trading fees will grant users a discount.
π true
2) What are the essential steps to get started with Spot trading?
π Select All Options
3) Binance Flexible Savings cannot be subscribed to and redeemed at any time.
π False
4) What is the trading fee when I use Binance Convert to buy crypto?
π 0%
5) I donβt need to complete KYC to buy cryptocurrency.
π False
6) A market order is a type of order to buy or sell a security at a specified price or better.
π False
ππ BUSD Answer:
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?
ππ 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?
ππ A cryptocurrency is a form of digital cash that enables individuals to transmit value in a digital setting.
3) Why KYC(Know Your Customer) mattersοΌ
ππ Select All Options
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.
ππ False
5) The main benefit of keeping your crypto in a non-custodial wallet is that you wonβt lose your crypto if you forget your password
ππ false
1) Using BNB to pay for trading fees will grant users a discount.
π true
2) What are the essential steps to get started with Spot trading?
π Select All Options
3) Binance Flexible Savings cannot be subscribed to and redeemed at any time.
π False
4) What is the trading fee when I use Binance Convert to buy crypto?
π 0%
5) I donβt need to complete KYC to buy cryptocurrency.
π False
6) A market order is a type of order to buy or sell a security at a specified price or better.
π False
ππ BUSD Answer:
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?
ππ 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?
ππ A cryptocurrency is a form of digital cash that enables individuals to transmit value in a digital setting.
3) Why KYC(Know Your Customer) mattersοΌ
ππ Select All Options
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.
ππ False
5) The main benefit of keeping your crypto in a non-custodial wallet is that you wonβt lose your crypto if you forget your password
ππ false
π’3π1
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