Binance Learn And Trade AVAX Quiz Answers (Solved)

Post published:October 8, 2021
Post category:Binance Quiz Answers
Reading time:5 mins read

Binance Learn And Trade AVAX Quiz Answers

(BSC) Binance Learn and Trade AVAX quiz answers updated. Participate & win (Avalanche) AVAX token voucher.

Binance has launched Learn & Trade Campaign: Learn & Trade AVAX: $75,000 Rewards Up for Grabs!

Users who trade AVAX, finish watching the Avalanche (AVAX) introduction video, and take the quiz, will share a prize pool of $75,000 in AVAX token vouchers.

The campaign will start on 9th October 2021 at 00:00 AM and will end on 15th October at 11:59 PM (UTC).

Binance Learn and Trade Avalanche AVAX quiz answers are given below scroll down to see the answers.

How to participate in Binance Learn and Earn campaign?

1) First step is to Register on Binance, click on the link given below to register.

2) Trade AVAX as per the Learn & Trade AVAX campaign rules.

3) Take the Learn & Earn Avalanche (AVAX) Quiz. You can find Quiz Link on our Telegram Channel.

4) Avalanche AVAX Quiz answers are given below. Scroll down to see the answers.

Binance Learn and Trade AVAX Quiz Answers

Campaign period: 2021-10-09 00:00 AM to 2021-10-15 11:59 PM (UTC)

Q1) What big challenges does Avalanche solve for DeFi?

Answer: A: Fast, Low Cost, and Eco-Friendly

Q2) What is the AVAX token mainly used for?

Answer: C: Avax is a hard-capped, scarce asset that is used to pay for fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created on Avalanche.

Q3) Avalanche is the first major breakthrough in consensus since _______

Answer: B: Nakamoto consensus

Q4) What is the fastest smart contract platform by time-to-finality?

Answer: D: Avalanche

Q5) How many nodes can participate as full, block-producing validators on Avalanche blockchain?

Answer: A: No limitation on validating nodes. Can scale to millions

Q6) What kind of custom blockchains can you launch on Avalanche, public or private?

Answer: C: Both