Binance is launching the Auto-Invest FUN Quiz on 2022-11-07 09:00 (UTC), where users can gain knowledge about Dollar-Cost Averaging and Auto-Invest.
The first 100,000 new Auto-Invest users who successfully confirm their participation and complete the quiz during the promotion period, will be eligible to each receive a free Auto-Invest FUN monthly plan for five months.
Promotion Period: 2022-11-07 09:00 (UTC) to 2022-11-20 23:59 (UTC)
Binance Auto Invest Quiz Answers
Question 1. Auto-Invest enables users to buy crypto on a recurring basis. What investment strategy is applied?
Answer: Dollar-Cost Averaging (DCA)
Question 2. John bought $1 worth of FUN daily for the past 1 year for a total of $360. His purchased FUN is now worth $280. What is the most accurate statement?
Answer: John’s portfolio is loss-making
Question 3. After purchasing crypto via Auto-Invest, where will the funds be stored?
Answer: Funds will be subscribed to Simple Earn Flexible Product
Question 4. What kind of token is FUN?
Answer: POS (Proof-of-Stake)
Question 5. A strategic quarterly burn of 50% of any profits ensures that the FUNToken retains value into the future.
Answer: Yes, the quarterly burn takes place
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