A Beginner's Guide to Binance Margin Trading Quiz Answers

A Beginner's Guide to Binance Margin Trading Quiz Answers

A Beginner’s Guide to Binance Margin Trading Quiz Answers – Take the new Binance learn & earn ‘A Beginner’s Guide to Binance Margin Trading’ quiz which will go live on 21st July 2022, 07:00 AM UTC, and earn assured rewards.

Take other learn & earn quizzes like Skale, Thorchain, Kyber Network, Frontier, Immutable X, Biswap, Jasmy, Reef, Threshold, Tezos, Multichain, Harmony, Qutm, etc. and earn up to $13.

All Binance KYC-verified users can begin to read the articles, watch the videos anytime from now, and complete quizzes from 21st July 07:00 AM (UTC) while token supplies last!

Eligible users will stand a chance to receive a predetermined amount of crypto tokens from the projects, depending on the course or quiz they complete, first come first served.

Learn & earn A Beginner’s Guide to Binance Margin Trading quiz answers will be updated here once the quiz goes live. Create your Binance account if you don’t have one, do KYC verification, and be ready for the quiz.

Learn & Earn Assured Crypto Rewards

1) Tap on the link given below and signup or login to your Binance account.

2) Must complete your KYC verification which is mandatory for collecting rewards.

3) Visit the learn & earn quiz page from the Binance app dashboard or visit here.

4) Take Beginner’s Guide to Binance Margin Trading quiz and 0.5 BUSD.

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