How to participate in Binance Learn & Earn
1. If you don’t have Binance account then create first from the link given below.
2. Go to services, you will get gift & campaign section (refer the image given below).
3. Tap on the learn and earn icon, all quizzes will show up on your screen.
4. Binance’s upcoming BNB, and BUSD quiz will go live on 17th January.
5. Take the quiz as soon as it goes live and earn assured crypto rewards of up to $1.
6. Eligible users will receive a predetermined amount of BNB, and BUSD.
7. Quiz rewards are limited and are available on a first-come, first-served basis.
Binance BNB Quiz Answers
Q1. BEP-2 BNB is the native coin of Ethereum. True or false?
Answer: False
Q2. What use cases does BNB have?
Answer: All are correct
Q3. Which token standards exist for BNB?
Answer: All are correct
Q4. Owning BNB provides you with a share of Binance’s profits.
Answer: False
Q5. Which token standards exist for BNB?
Answer: All are correct
Q6. BNB was originally issued as a:
Answer: BRC-20 token on Ethereum
Q7. Initial Sale Price?
Answer: 1 ETH for 2700 BNB and 1 BTC for 20,000 BNB
Q8. BNB launched through an initial game offering (IGO) in 2017?
Answer: False
Q9. Total supply of BNB?
Answer: 200 million BNB
Binance BUSD Quiz Answers
Q1. What is the name of the BUSD-pegged token Binance offers on BNB chain and other chains?
Answer: Binance-peg BUSD
Q2. What is the total supply of BUSD?
Answer: Just over 22 billion
Q3. Which chain is BUSD minted on by Paxos?
Answer: Ethereum
Q4. Who regulates BUSD?
Answer: NYDFS(New York Department of Financial Services)
Q5. Who mints BUSD?
Answer: Paxos
Q6. What fiat currency is BUSD pegged to?
Answer: U.S. Dollar
Q7. BUSD is backed 1:1 with:
Answer: Cash reserves
Q8. How can you purchase BUSD or Binance-Peg BUSD?
Answer: All are correct
Q9. What can BUSD be used for?
Answer: All are correct
Q10. Which of the following descriptions is incorrect?
Answer: BUSD doesn’t provide a monthly basis attestation report.
