Learn & Earn Binance COTI Quiz Answers
Binance COTI quiz answers are given below, you can claim free COTI tokens by submitting the correct answers. Also, earn up to $5 from other Binance learning courses.
COTI is a layer-1 blockchain ecosystem designed for payments. Its native token is a cryptocurrency that operates on three different mainnets.
It can also be used for paying transaction fees and can be staked to earn rewards in the treasury and can also be used to pay for goods and services.
Proof of trust is used to achieve consensus. The quiz can be attempted on 7th September 2022 at 09:00 to earn assured $COTI tokens.
Binance COTI Quiz Details
| Quiz name | Binance coti quiz |
| Date and time | 7th September 2022, 09:00 AM (UTC) |
| Topic | About Coti |
| Quiz type | Learn & earn |
| Winners | First come basis |
| Link | Visit here |
Steps To Take The COTI Quiz
1. Login to your Binance account, must verify your account.
2. Open the app and go to services, you will get learn earn icon.
3. Tap on it, and there you get all Binance academy courses and quizzes.
4. Complete the COTI quiz by submitting the answers.
5. COTI token cash rewards will be distributed after the activity ends.
Binance Learn & Earn COTI Quiz Answers
Q1. Select the network(s) in which COTI operates:
Answer: All are correct
Q2. How does COTI keep ITS transaction fees low?
Answer: All are correct
Q3. What does COTI MultiDAG enable?
Answer: The issuance of tokens on top of the trust chain protocol
Q4. The treasure distributes reward to COTI holders based on fees collected from:
Answer: All of COTI’s products, including treasury, COTI pay business, Djed, and more
Q5. Which type of consensus algorithm is used on the COTI network?
Answer: POT (proff of trust)
Q6. How can i earn rewards from the COTI ecosystem?
Answer: Deposit native COTI into the Treasury
Q7. COTI ia powering Djed, which is___ first algorithmic stablecoin
Answer: Cardano’s
Q8. What is COTI?
Answer: A layer-1 blockchain Ecosystem designed for payments
