Binance BUSD Quiz Answers Today

Binance BUSD Quiz Answers Today. The Binance BUSD Quiz has been a huge success with the competition getting over 19,000 participants. This blog is to help the participants to get their answers for the quiz. The quiz was about identifying the similarities between Binance and USD Coin.

Binance recently launched their new stable coin BUSD (Binance US Dollar). BUSD is pegged to the US dollar at a ratio of 1:1 BUSD to $1 USD. So if you have $100 USD, you can purchase 100 BUSD. We took this quiz to find out how much we really know about the BUSD Stable Coin.
Blog Post: Binance BUSD Quiz Answers

Binance BUSD Quiz Answers Today

How To Play Binance BUSD Quiz Answers

  1. Tap on the link given below, create an account on Binance. Click Here
  2. Tap on login/register and register on Binance with your valid mobile/email id.
  3. Go to account settings and complete your KYC (mandatory to get rewards).
  4. On the home page tap on the ‘Learn & Earn on Binance Academy’ banner.
  5. Take the quizzes by tapping on the start course button and complete them.
  6. All quiz answers are given below, scroll down the page to see the answers.
  7. Once you complete all quizzes, you will receive a notification of the same.
  8. You will get all the winning amounts in your spot account wallet.
  9. You can trade it on your spot account or convert all penny currencies in your wallet and sale it.

A Beginner’s Guide To Binance Loan Quiz Answers

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Binance Band Protocol Quiz Answers: Learn & Earn $BAND

Q1) All of these concepts are related to Band Token except for…

Answer: Cash incentives

Q2) Which sentence is incorrect?

Answer: Band Protocol leverages on-chain centralized oracles that link on-chain applications together.

Q3) Which characteristics differentiate Band Protocol from other oracle services?

Answer: Decentralization, maximum customization and flexibility, easy scalability, economical cost, interoperability, and cross-chain

Q4) Which ecosystem(s) has/have partnered with Band Protocol?

Answer: All are correct

Q5) Which of the following IS NOT a use case of the BAND token?

Answer: To secure a discount when requesting data

Q6) Which sentence is CORRECT?

Answer: BandChain’s Delegated Proof of Stake design and BAND token create a decentralized network.

Q7) What network is BandChain on?

Answer: Cosmos

Q8) Which characteristic DOES NOT correctly describe BAND Protocol?

Answer: On-chain DeFi protocol

Binance UMA Quiz Answers: Learn & Earn $UMA

Q1) What makes the OO optimistic?

Answer: Proposed data will not require resolution unless it is disputed, and disputes are rare

Q2) How many tokens did UMA transfer to its DAO in 2021?

Answer: 35 million tokens

Q3) Who are the three actors in the OO system?

Answer: The contract requesting the data; the participant proposing the data; and the disputer

Q4) Why is there a reward associated with voting correctly?

Answer: So there is an incentive to be correct

Q5) Why does the OO include a human component?

Answer: Humans can provide any kind of knowable truth to a blockchain

Q6) What are the phases in the UMA voting process?

Answer: Voting period; voting revealing period; reward collection period

Q7) What is the DAO tooling organization that is a sister protocol to UMA and Across and is secured by the OO?

Answer: Outcome.Finance

Q8) How long does it typically take for the OO, through its UMA token holders, to resolve a dispute?

Answer: 48 hours

Q9) What is UMA’s native token?

Answer: UMA coin

Q10) What is the cross chain bridge empowered by UMA and its OO?

Answer: Across

Binance BTTC Quiz Answers: Learn & Earn $BTTC

Q1) “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time.

Answer: Proof of Stake blockchain

Q2) With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false?

Answer: False

Q3) What can you NOT do on Binance Earn?

Answer: Conduct leveraged trading to amply the returns

Q4) Which of the following is a form of passive income?

Answer: Alice stakes her crypto holdings

Q5) What can you do with Binance Earn?

Answer: Select different products to grow your crypto holdings

Q6) What is NOT staking?

Answer: Generate returns by trading your coins

Q7) Once you subscribe to the Locked Staking, interests will be calculated from the following day, and are distributed to your Spot Wallet every day. True or false?

Answer: true

Q8) When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _.

Answer: spot wallet

Q9) Binance Locked Staking’s locking period for different products is the same. True or false?

Answer: False

Binance Learn & Earn PAXG Quiz Answers

Questions may be asked randomly so attempt every question carefully

Q1) The value of a PAXG token is equal to:

Answer: 1 troy oz. of physical gold

Q2) How do I know PAXG is fully backed by physical gold?

Answer: An independent auditing firm performs monthly checks on Paxos’ gold reserves.

Q3) PAXG storage fees are

Answer: 0.00%

Q4) When you own PAXG, you own physical gold. True or false?

Answer: True

Q5) Paxos holds all customer assets, including PAXG, safely separate from any corporate funds and the company balance sheet.

Answer: True

Q6) PAXG is regulated and approved by _

Answer: New York State Department of Financial Services

Q7) How can a PAXG holder look up their vaulted physical gold’s serial number and physical characteristics?

Answer: Enter their Ethereum wallet address on the PAXG lookup tool

Q8) Where are PAXG’s physical gold reserves stored?

Answer: London Bank Vaults

Q9) Which gold tokens can be redeemed for physical gold?

Answer: PAX Gold (PAXG)

Q10) PAXG is built as an _

Answer: ERC-20 token on the Ethereum blockchain

Binance Learn & Earn SKALE Quiz Answers


Questions may be asked randomly so attempt every question carefully

Q1) How much are gas fees on the SKALE Network?

Answer: Zero

Q2) What type of blockchain is the SKALE Network?

Answer: Modular Layer1/Layer2 Hybrid

Q3) What types of decentralized applications run on SKALE?

Answer: All are correct

Q4) How does SKALE improve User Experience?

Answer: All are correct

Q5) The SKALE network supports thousands of independent blockchains, multi-chains, and storage chains with zero gas fees, faster commit times, and increased transaction throughput. True or False?

Answer: True

Q6) How does SKALE increase the supply of SKALE Chains?

Answer: Incentivizing SKALE chain creation through surge pricing

Q7) SKALE is Ethereum compatible.

Answer: True

Q8) How many Elastic Sidechains can be created in the SKALE ecosystem?

Answer: An unlimited amount

Binance Learn & Earn STP Quiz Answers


Questions may be asked randomly so attempt every question carefully

Q1) What chains is STP bridging with its cross-chain technology?

Answer: Ethereum to Polygon

Q2) Which participation metrics are trackable on Clique?

Answer: All are correct

Q3) Which technology enables cross-chain governance on STP?

Answer: Data Bridge

Q4) What problem does Clique solve?

Answer: Fragmentation of DAO tools in the space

Q5) What is the main use case of STPT?

Answer: Governance

Q6) What are the two main functions of Clique?

Answer: DAO creation and DAO management

Q7) What type of DAOs does STP have a pre-made template for?

Answer: Investment DAO, Membership DAO, and Project DAO

Q8) What is the native coin of STP?

Answer: STPT

Q9) What is Clique

Answer: The all-in-one DAO platform that enhances member participation in DAOs through a single platform for everything DAO-related, whether it be voting, proposals, social posts, analytics, token management, etc.

Q10) For DAOs on layer-1 blockchains, how is the voting power for governance on Clique determined?

Answer: The voting power will be dependent on the amount of native DAO tokens held by users in their wallet using the cross-chain technology

A Beginner’s Guide to Binance Margin Trading Quiz Answers

Q1. Margin trading lets you:

Answer: Amplify your gains and losses

Q2. What’s the benefit(s) of Binance margin trading?

Answer: All of the above

Q3. What’s the maximum level of leverage Binance Margin provides?

Answer: 10X

Q4. When receiving a margin call notification, what should you do?

Answer: Reduce your position to repay the debt or add more collateral into the margin account

Q5. Where do Binance Margin traders place their orders?

Answer: Spot market

Q6. What are the essential steps to start margin trading on Binance?

Answer: Deposit funds Into your Margin Account

Learn & Earn Passive Income On Binance Quiz Answers


Q1) “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time.

Answer: Proof of Stake blockchain

Q2) With Binance Locked Staking, redemption doesn’t require a certain unlocking period.

Answer: False

Q3) What can you NOT do on Binance Earn?

Answer: Conduct leveraged trading to amply the returns

Q4) Which of the following is a form of passive income?

Answer: Alice stakes her crypto holdings

Q5) What can you do with Binance Earn?

Answer: Select different products to grow your crypto holdings

Q6) What is NOT staking?

Answer: Generate returns by trading your coins

Q7) Once you subscribe to the Locked Staking, interests will be calculated from the following day, and are distributed to your Spot Wallet every day.

Answer: True

Q8) When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _.

Answer: Spot wallet

Q9) Binance Locked Staking’s locking period for different products is the same.

Answer: False

Binance BUSD Quiz Answers Today

  • Q1) Answer: A
  • Q2) Answer: A , B , C , D
  • Q3) Answer: B
  • Q4) Answer: A
  • Q5) Answer: B

Binance Academy Quiz Answers Today: (ALL Quiz Answers)


Binance recently went ahead and launched their stablecoin “BUSD” on their exchange. However, the quiz to provide you with an allocation of BUSD took a lot of people by surprise. This blog post is written to help you interpret the results of the quiz.

Binance, one of the largest cryptocurrency exchanges, has launched a new stablecoin called BUSD. In this blog, we answer the questions Abhishek, the CTO of Peppertype had for the Binance team.

Peppertype #PeppertypeAI #ArtificialIntelligence

About Peppertype: Peppertype is a language AI platform that helps marketers and brands automate repetitive tasks that consume a lot of time. Peppertype uses technology to help businesses embrace next-gen marketing. It plans to use AI to automate the way copywriting is done. The company was founded in

Here are the answers to the questions in the Binance BUSD Quiz. So let’s get started!
For each of the following questions, select the best answer.
How many approved applications exist on Binance?
a) 50
b) 250
c) 370
d) 450
How many different coins are listed on Binance?
a) 10
b) 20
c) 30
d) 40
Which is the highest price paid for a single transaction on Binance?
a) $1,000,000
b) $850,000


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