What is Binance “Learn & Earn”?
In light of the increased demand for blockchain knowledge, Binance is excited to announce its new education initiative: Binance Learn and Earn. Users can learn blockchain knowledge and complete quizzes for a chance to earn free crypto.
More Details about the activity rules can be found here: https://www.binance.com/en/support/faq/
Requirements for Participation in Binance Learn & Earn:
> Must have Binance (KYC Verified A/c)
Don't Have: Create One Here: https://www.binance.com/
Click Below Links to Check the Answers of following quizzes:
Binance THORChain Quiz Answers
Q1) What is the native coin of THORChain?
Answer: RUNE
Q2) How many types of users are there in THORChain?
Answer: 4
Q3) What is the total supply of THORChain’s native coin?
Answer: 500 million
Q4) What are the use cases of THORChain’s native coin?
Answer: Governance, incentivization, settlement & network security
Q5) How does THORChain secure its network?
Answer: Tendermint Byzantine Fault Tolerance, Cosmos-SDK & Threshold
Signature Scheme (TSS)
Q6) How would a BTC-to-ETH swap happen on THORChain?
Answer: Internally, there will be a BTC – RUNE swap, and then a RUNE to ETH
swap
Q7) Which of the following statements is true?
Answer: RUNE is used to subsidize gas fees and reward Liquidity Providers and
Node Operators
Q8) Who Secures The Network?
Answer: Node Operators
Q9) THORChain is a layer 2 DEX
Answer: False
Q10) What is the role of trader in the THORChain’s native ecosystem?
Answer: Function as an oracle to deliver data
Binance Biswap Quiz Answers
Also Check: Binance Leveraged Tokens Updated Quiz Answers!
Q1) What is the current BSW emission rate per block?
Answer: 16 BSW
Q2) What is the maximum swap referral reward on Biswap?
Answer: 20%
Q3) What is the trading fee on the Biswap NFT Marketplace?
Answer: 0.1%
Q4) Biswap is a___
Answer: Decentralized exchange utilizing an AMM model
Q5) Who was Biswap audited by?
Answer: Certik
Q6) Biswap’s core products include
Answer: All are correct
Q7) How is the Biswap NFT Marketplace trading fee distributed?
Answer: Distributed equally between buyers and sellers in Robi Boosts.
Q8) What is Biswap’s native token?
Answer: BSW
Q9) Biswap’s core products include
Answer: All are correct
Binance Jasmy Quiz Answers
Q1) In which of the following ways will you not be able to obtain JASMY
metaverse tokens in the future?
Answer: PoW (Proof of Work)
Q2) How many JASMY tokens are allocated to the Jasmy Metaverse Fund?
Answer: 1 billion
Q3) Jasmy is based in Japan. True or false?
Answer: True
Q4) Which of the following is a characteristic of the Jasmy Metaverse?
Answer: All are correct
Q5) What does the Metaverse Fund support?
Answer: All are correct
Q6) Which exchanges is Jasmy listed on?
Answer: All are correct
Q7) What is Jasmy’s goal?
Answer: To promote data democracy
Q8) Jasmy is making its foray into?
Answer: Metaverse
Binance Harmony Quiz Answers
Q1. Why should tokens have a finite supply?
Answer: To avoid inflation and incentivize token appreciation
Q2. What consencys mechanism does harmony use?
Answer: Effective proff of stake
Q3. Which technologies does harmony implemet to achieve scalability without
sacrificing security?
Answer: Sharding and effective proff of stake
Q4. What is harmonys yearly network reward to validators?
Answer: 441 million tokens
Q5. Which of these DAOS have been funded by Harmony?
Answer: All are correct
Q6. What’s makes up the yearly reward at harmony?
Answer: Issuance + transaction fees
Q7. Harmony has created bridges for which chains?
Answer: All are correct
Q8. How much Grant Will harmony provide to new projects through the harmony
Ecosystem fund?
Answer: $300 Million
Q9. How many DAOs does Harmony aim to find in the future?
Answer: 10,000
Binance QUTM Quiz Answers
Q1. You can purchase QTUM on binance by:
Answer: All of the above
Q2. Holding QTUM allows you to vote on proposal. True or false?
Answer: True
Q3. When did the QTUM mainnet launch?
Answer: September 2017
Q4. Block rewards are split betweet:
Answer: Ten Super Staker
Q5. QTUM holders can delegate their UTXOS behind Staker Stakers through
Answer: Offline staking
Q6. Qtum’s account abstaction layer ia designed to:
Answer: Combine UTXO accounting with smart contract contract
Q7. When delegate QTUM behind a super Staker, a user must:
Answer: Provide their wallet address to a super Staker
Q8. QTUM Combines
Answer: UTXO Accounting, Smart Contract Capabilities
Binance COTI Quiz Answers
Q1. Select is the network(s) in which COTI operates:
Answer: All are correct
Q2. How does COTI keep ITS transaction fees low?
Answer: All are correct
Q3. What does COTI MultiDAG enable?
Answer: The ussuance of tokens on top of the trustchain protocol
Q4. The treasure distrubutes reward to COTI holders based on fees collected
from:
Answer: All of COTI’s product, including treasury, COTI pay bussines, Djed,
and more
Q5. Which type of consensus algorithm is used on the COTI network?
Answer: POT (proof of trust)
Q6. How can I earn rewards from the COTI ecosystem?
Answer: Deposit native COTI into the Treasury
Q7. COTI ia powering Djed, which is___ first algorithmic stablecoin
Answer: Cardano’s
Q8. What is COTI?
Answer: A layer-1 blockchain Ecosystem designed for payments
Binance Threshold Network Quiz Answers
Q1) Proxy Re-encryption allows the sharing of encrypted data without decryption
of data or the sharing of private keys. True or False?
Answer: true
Q2) tBTCv2 is a bridge between Bitcoin and ____?
Answer: Ethereum
Q3) tBTCv2 is the only bridge bringing your Bitcoin to Ethereum that preserves
open access and doesn’t require you to trust a third party. True or False?
Answer: true
Q4) What is NOT a feature of threshold cryptography?
Answer: Reliance on central authority (X)
Q5) Proxy re-encryption is designed to ____?
Answer: Protect user data and enforce access controls
Q6) Which are features of the Threshold Network?
Answer: All are correct
Q7) Threshold was created from the first-ever decentralized merger of the
NuCypher and ___ Networks?
Answer: keep
Q8) Threshold cryptography empowers users to no longer have to make a trade-off
between usability and ____.
Answer: Privacy
Binance Reef Quiz Answers: Learn & Earn REEF
Q1) What consensus mechanism does the Reef ecosystem use?
Answer: Nominated Proof of Stake
Q2) What does Reef stand for?
Answer: Reliable, Extensible, Efficient, Fast
Q3) How much does the average transaction cost on Reef?
Answer: $0.17
Q4) What does REEF-20 mean?
Answer: The native utility token that powers the Reef blockchain
Q5) How many types of REEF tokens exist on the market?
Answer: 3
Q6) What is Reef Finance?
Answer: A layer 1 blockchain for DeFi, NFTs, and gaming
Q7) What is Reef’s current max token supply?
Answer: There is no max supply
Q8) What are the types of REEF tokens?
Answer: All of the options
Q9) How many transactions per second (TPS) is Reef able to process?
Answer: Over 460 TPS
Binance Multichain (MULTI) Quiz Answers
Q1) What are the use cases of MULTI?
Answer: Governance and staking
Q2) How many tokens are currently supported by Multichain?
Answer: 1000+
Q3) What is the total supply of Multichain’s native token?
Answer: 100 M
Q4) What are the solutions that Multichain offers for seamless transfer of assets?
Answer: Cross-Chain Bridges, Routers, and anyCall
Q5) What is the native coin of Multichain?
Answer: MULTI
Q6) How is consensus reached in Multichain?
Answer: Independent nodes that own part of a private key collectively sign
transactions.
Q7) Interoperability is the concept of independent blockchains being able to
interact with each other.
Answer: true
Q8) What benefits do users sending assets from one network to another enjoy?
Answer: All are correct
Q9) What’s the difference between Multichain’s bridges and routers?
Answer: Bridges enable interoperability between two chains while routers enable
interoperability between any chain.
Binance Immutable X (IMX) Quiz Answers
Q1) Which blockchain is the Immutable X ecosystem built for?
Answer: Ethereum
Q2) Users can trade NFTs on any of the marketplaces built on Immutable X.
Answer: TRUE
Q3) What can token holders do with the IMX token?
Answer: Pay for fees on Immutable X, Vote for governance proposals, Stake to
earn IMX rewards
Q4) Who can build on IMX?
Answer: All are correct
Q5) What can users do with the Immutable X APIs and SDKs?
Answer: All are correct
Q6) Which scaling technology does Immutable X use?
Answer: ZK-Rollups
Q7) Which statement best describes Immutable X?
Answer: A layer 2 scaling solution for NFTs on Ethereum.
Q8) Which Immutable X feature can enhance the liquidity of NFT assets?
Answer: The Immutable X global order book
Q9) What is Immutable X trying to achieve?
Answer: All are correct
Q10) Which ZK proof does Immutable X use?
Answer: STARK proof
Binance Tezos (XTZ) Quiz Answers
Q1) What is Tezos’ native coin?
Answer: tez (xtz)
Q2) How does Tezos increase security in the network?
Answer: By being deeply decentralized
Q3) What are some of the types of decentralized applications built on the Tezos
blockchain?
Answer: All are correct
Q4) What are some use cases of Tezos’ native coin?
Answer: Voting rights & Becoming a validator
Q5) Who can participate in securing the network?
Answer: Users who delegate their Tez (XTZ) tokens to bakers & Validators called
bakers
Q6) What is the consensus mechanism model used by Tezos called?
Answer: Liquid Proof of Stake
Q7) Which of the following are true?
Answer: Tezos’ unique self-amending protocol prevents hard forks & Tezos’ code is
open-source code
Binance Alpine Quiz Answers
Q1) What year did BWT Alpine F1® Team enter Formula One™?
Answer: 2021
Q2) Which was the first race of which the Alpine F1® Team make their debut?
Answer: Formula 1 Gulf Air Bahrain Grand Prix 2021
Q3) Which of the following Alpine Experiences takes place at an altitude of 2200
metres?
Answer: Alpine Ice Driving Experience
Q4) Which of the following drives for Alpine esports team?
Answer: Nicolas Longuet
Q5) Where is BWT Alpine F1® Team’s chasis built?
Answer: Enstone, United Kingdom
Q6) Who is the current CEO of the BWT Alpine F1® Team?
Answer: Laurent Rossi
Q7) How many races did current BWT Alpine F1® Team reserve driver Oscar
Piastri win on his way to winning the 2021 Fia Formula 2 Championship?
Answer: 6
Q8) During which Grand Prix did BWT Alpine F1® Team claim its maiden win?
Answer: Formula 1 Rolex Magyar Nagydij 2021
Q9) How many gears does the Alpine A522 have?
Answer: 7
Q10) How can you get ALPINE F1® Team Fan Tokens before listing?
Answer: Launchpad
Q11) What did the listing date of the ALPINE F1® Team Fan Token coincide with?
Answer: BWT Alpine F1® Team’s first race of the year
Q12) What is the initial circulating supply of ALPINE when launched on Binance?
Answer: 11,360,000
Q13) What token do you need in order to participate in the Alpine F1® Team Fan
Token Launchpad?
Answer: BNB
Q14) Which of the following is NOT true?
Answer: ALPINE F1® Team Fan Token holders with 1,000 ALPINE will be able to
get the animated ALPINE NFTs.
Q15) Which of the following ways can fans get ALPINE F1® Team Fan Tokens?
Answer: Participate in the Binance Launchpad and Binance P2P & Spot Market,
Gift Cards
Q16) Which driver was featured in the Binance x BWT Alpine F1® Team launch
video on the Fan Token page?
Answer: Esteban Ocon
Q17) Which of the following is not an Alpine car?
Answer: Alpine A GT
Q18) How much ALPINE in total is the Binance Fan Token planning to airdrop to
its community to celebrate their partnership?
Answer: 100
Q19) How many limited edition NFTs is BWT Alpine F1® Team releasing for the
first collection?
Answer: 15,000
Q20) When was the ALPINE F1® Team Fan Token listed on Binance Fan Token
Platform?
Answer: 21 February 2021
Some FAQs About Binance Learn and Earn Campaign:
Am I eligible for the “Learn & Earn” rewards?
The Binance “Learn and Earn” rewards are for targeted Binance users only. New users need to complete Identity Verification first before they can earn “Learn & Earn” rewards. Please note that only specific Binance users are eligible to receive rewards for certain campaigns. Please refer to the activity page for details. Binance reserves the right for final reward distribution.
Also Check: Binance Margin Quiz Answers - Updated!
You are not eligible for the rewards if your account does not comply with the Binance Terms of Use. We reserve the right to disqualify users deemed as wash trading or illegally bulk registered accounts, self-dealing or display attributes of market manipulation.
How long will it take to receive my rewards after completing the quiz?
Reward distribution generally takes less than 48 hours. However, you may not receive the rewards if you’re not qualified. Please refer to the Terms and Conditions below. Please note that reward distribution may be delayed due to system issues. If you cannot receive your rewards in 48 hours, please contact Customer Support.
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