BE READY IN 1 HOURS (for ALL KYC-verified users) Binance Lear | Bitcoins Vs Altcoins
BE READY IN 1 HOURS (for ALL KYC-verified users)
Binance Learn & Earn Quiz Answer
BNB
1. BEP-2 BNB is the native coin of Ethereum. True or false?
Ans: False
2. What use cases does BNB have?
Ans: All are correct
3. Which token standards exist for BNB?
Ans: All are correct
4. Owning BNB provides you with a share of Binance’s profits.
Ans: False
5. Which token standards exist for BNB?
Ans: All are correct
6. BNB was originally issued as a:
Ans: ERC-20 token on Ethereum
7. What was BNB’s initial sale price during its distribution?
Ans: 1 ETH for 2700 BNB and 1 BTC for 20,000 BNB
8. BNB launched through an initial game offering (IGO) in 2017?
Ans: False
9. Total supply of BNB?
Ans: 200 million BNB
BUSD
1. What is the name of the BUSD-pegged token Binance offers on BNB chain and other chains?
Ans: Binance-peg BUSD
2. What is the total supply of BUSD?
Ans: Just over 22 billion
3. Which chain is BUSD minted on by Paxos?
Ans: Ethereum
4. Who regulates BUSD?
Ans: NYDFS (New York Department of Financial Services)
5. Who mints BUSD?
Ans: Paxos
6. What fiat currency is BUSD pegged to?
Ans: U.S. Dollar
7. BUSD is backed 1:1 with:
Ans: Cash reserves
8. How can you purchase BUSD or Binance-Peg BUSD?
Ans: All are correct
9. What can BUSD be used for?
Ans: All are correct
10. Which of the following descriptions is incorrect?
Ans: BUSD doesn’t provide a monthly basis attestation report.
SOL
1. Which of these is not one of the technical design features that allow Solana to process transactions at a higher rate?
Ans: Proof-of-work
2. As of September 2022, what is the energy impact of a single Solana transaction on average?
Ans: Less than a Google search (~500 J).
3. What can you use SOL for?
Ans: All are correct
4. What is the average Solana transaction fee?
Ans: $0.00025
5. What is Saga?
Ans: A crypto-friendly mobile phone that uses the Solana Mobile Stack.
6. How quickly does it take the Solana Pay protocol to process a transaction globally?
Ans: A few seconds
7. Firedancer, a new Solana validator client being developed by Jump Crypto, can process how many TPS in a test environment?
Ans: 1,200,000
8. Solana uses mining to secure its network.
Ans: False
9. As of December 2022, how many NFTs have been minted using Solana?
Ans: 22,700,000
10. Which of the following established companies support or have integrated Solana?
Ans: All are correct
Hashflow (HFT)
1. Which exchange was the first to list the Hashflow token (HFT)?
Answer: Binance
2. How much does Hashflow charge in fees?
Ans: 0%
3. What makes Hashflow different from other DEXs?
Ans: Hashflow uses the RFQ model for market making.
4. What is HFT’s utility?
Ans: Governance and in-DAO Health & Rewards.
5. What is unique about trading on Hashflow?
Ans: All are correct
6. How does one start trading on Hashflow?
Ans: Connect your wallet.
7. What is The Hashverse?
Ans: Hashflow’s story-driven and gamified governance DAO.
8. What is Hashflow’s total volume?
Ans: $11 billion
Hooked Protocol (HOOK)
1. What is Hooked Protocol?
Ans: Web3 Gamified Social Learning Platform
2. What is the first pilot app of Hooked Protocol？
Ans: Wild Cash
3. What is the latest number of monthly active users of Wild Cash?
Ans: Over 3 Million
4. What network did Hooked Protocol first launch on?
Ans: BNB Chain
5. How many Hook will be in the circulating supply upon listing?
Ans: 10% of total supply
6. How does the Hooked token structure work?
Ans: There is an only utility token uHGT
7. Which one of the following is the HOOK token function?
Ans: All are correct
8. Hooked Protocol is building the on-ramp layer for massive Web3 adoption, providing tailored.... True or false?
Ans: True
9. Who are the target users that Hooked Protocol will provide services to fulfill the mission?
Ans: All are correct
10. What are the highlights of Hooked Protocol achieved so far?
Ans: All are correct
Binance Gift Card Monthly Quiz
Ans: https://t.me/BitcoinsVsAltcoins/2349
Quiz link : https://academy.binance.com/en/learn-and-earn
