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 more, 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, BUSD, SOL, HOOK & HFT quiz will go live on 13th January at 09:00 UTC.
5. Take the quiz as soon as it goes live and earn assured crypto rewards of up to $10.
6. Eligible users will receive a predetermined amount of BNB, BUSD, SOL, HOOK & HFT.
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.
Binance SOL Quiz Answers
Q1. Which of these is not one of the technical design features that allow Solana to process transactions at a higher rate?
Answer: Proof-of-work
Q2. As of September 2022, what is the energy impact of a single Solana transaction on average?
Answer: Less than a Google search (~500)
Q3. What can you use SOL for?
Answer: All are correct
Q4. What is the average Solana transaction fee?
Answer: $0.00025
Q5. What is Saga?
Answer: A crypto-friendly mobile phone that uses the Solana Mobile Stack
Q6. How quickly does it take the Solana Pay protocol to process a transaction globally?
Answer: A few seconds
Q7. Firedancer, a new Solana validator client being developed by Jump crypto, can process how many TPS in a test environment?
Answer: 1,200,000
Q8. Solana uses mining to secure its network.
Answer: raIse
Q9. As of December 2022, how many NFTs have been minted using Solana?
Answer: 22,700,000
Q10. Which of the following established companies support or have integrated Solana?
Answer: All are correct
Q11. As of December 2022, how many NFTs have been minted using Solana?
Answer: 22,700,000
Q12. Which of the following established companies support or have integrated Solana?
Answer: All are correct
Binance HOOK Quiz Answers
Q1: What is Hooked Protocol?
Answer: Web3 Gamified Social Learning Platform
Q2: What is the first pilot app of Hooked Protocol？
Answer: Wild Cash
Q3: What is the latest number of monthly active users of Wild Cash?
Answer: Over 3 Million
Q4: What network did Hooked Protocol first launch on?
Answer: BNB Chain
Q5: How many Hook will be in the circulating supply upon listing?
Answer: 10% of total supply
Q6: How does the Hooked token structure work?
Answer: There is an only utility token HOOK
Q7: Which one of the following is the HOOK token function?
Answer: All are correct
Q8: Hooked Protocol is building the on-ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3. True or false?
Answer: True
Q9: Who are the target users that Hooked Protocol will provide services to fulfill the mission?
Answer: All are correct
Q10: What are the highlights of Hooked Protocol achieved so far?
Answer: All are correct
Binance HFT Quiz Answers
Q1. Which exchange was the first to list the Hashflow token (HFT)?
Answer: Binance
Q2. How much does Hashflow charge in fees?
Answer: 0%
Q3. What makes Hashflow different from other DEXs?
Answer: Hashflow uses the RFQ model for market making.
Q4. What is HFT’s utility?
Answer: Governance and in-DAO Health & Rewards.
Q5. What is unique about trading on Hashflow?
Answer: All are correct
Q6. How does one start trading on Hashflow?
Answer: Connect your wallet.
Q7. What is The Hashverse?
Answer: Hashflow’s story-driven and gamified governance DAO.
Q8. What is Hashflow’s total volume?
Answer: $11 billion
