How To Participate In Binance P2P Learn & Earn Campaign
1. Like and share our Instagram or Facebook posts.
2. Complete the quiz below.
3. Comment “Done!” and tag 2 friends in the comments.
100 users who answer all the questions correctly each stand a chance to win a gift card reward worth 10 BUSD!
Binance P2P Learn & Earn Campaign Quiz Answers!
Q1) The holding mechanism that secures your crypto during a transaction in order to prevent scams is called?
Answer: Escrow
Q2) These users have to pick a nickname. They are:
Answer: Makers
Q3) True or False? All merchants are also considered makers.
Answer: True
Q4) When you purchase crypto via Binance P2P, to which wallet is it transferred?
Answer: Funding Wallet
Q5) If you are looking to trade in bulk, you would trade with:
Answer: Block merchants
Q6) The taker fee for Binance P2P users is
Answer: 0%
Q7) True or False? You are a taker if you post P2P ads.
Answer: False
Q8) The two price types a user can select from while creating ads are:
Answer: Fixed and Floating
Q9) The act of buying crypto at a lower price somewhere and selling it at a higher price elsewhere is called:
Answer: Arbitrage
Q10) If you are a buyer and you cancel your order, it will affect your:
Answer: 30d completion rate
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