Learn And Earn Binance Kyber Network Quiz Answers

Binance Kyber Network Quiz Answers

Kyber Network is a decentralized protocol built on Ethereum and based on this a new quiz has arrived in the Binance academy learn and earn campaign.

To avail free KNC tokens all users of the Binance exchange can watch tutorials, read lessons and take a simple quiz whose questions will be based on Kyber Network.

Binance Kyber Network Quiz Answers are given below, you can use them for your reference purposes while completing this quiz. Meanwhile, you can join our telegram channel also for more Binance learn and earn quizzes.

How To Earn 2.4 KNC From Binance Quiz?

Step 1: Signup or login to your Binance account from the below-given link.

Step 2: Take the learn and earn quiz from here or from the Binance app.

Step 3: Submit the Kyber Network quiz answers. Scroll down, all answers are given below.

Step 4: Assured 2.4 KNC coins will be credited after the activity ends.

Binance Kyber Network Quiz Answers

Question 1) What is KyberSwap?

Answer: All are correct

Question 2) What is KyberDAO?

Answer: Kyber Network’s community governance platform

Question 3) Users can use KyberSwap’s Discover feature to discover potentially trending tokens.

Answer: True

Question 4) The Amplification (AMP) factor is used to____.

Answer: Mimic higher levels of liquidity

Question 5) Which blockchain is KyberSwap based on?

Answer: Ethereum

Question 6) Users can earn KNC by

Answer: All are correct

Question 7) KyberSwap uses ___ a Market Maker protocol?

Answer: Dynamic

Question 8) What is Kyber Network’s native token?

Answer: KNC