Binance Learn & Trade Quiz Answers: ALCX, QI, KNC & FIS
Binance defi learn & trade quiz answers: New learn and trade campaign announced on Binance where you can win a share of $100,000 in ALCX, QI, KNC and FIS token voucher rewards.
To become eligible you need to read some crypto-related articles, complete the quiz, and need to accumulate a total trading volume of at least $500 equivalent including buys and sells.
All qualified users can win an equal share of $100,000 as multiple token vouchers. You can refer to the learn and trade DeFi quiz answers that are given below.
Activity period: 2nd March, 07:00 – 12th March 2023, 23:59 (UTC).
Learn, Trade And Share $100,000
1) Click here and register for the Binance DeFi learn and trade activity.
2) Read the articles that are given in the above link and prepare yourself for the quiz.
3) Complete the quiz and submit the answers, quiz answers are given below.
4) Accumulate a total trading volume of at least $500 including buys and sells across qualified spot trading pairs.
Eligible spot trading pairs:
- ALCX/USDT, ALCX/BUSD
- QI/USDT, QI/BUSD
- KNC/USDT, KNC/BUSD
- FIS/USDT, FIS/BUSD
5) Eligible users will share $100,000 prize pool in ALCX, QI, KNC, and FIS token vouchers.
6) Token voucher rewards will be distributed within two weeks after the activity ends.
Binance DeFi Learn & Trade Quiz Answers
Note: Do your research and recheck the answers before submitting, below given answers are for reference purpose only
Question 1: For now, how many rTokens can be issued by StaFi Protocol？?
- 9
- 10
- 11
- 12
Answer: 10
Question 2: What’s the unique features of StaFi Protocol compared with Lido?
- Permissionless validators network
- ETH liquidity Staking Derivative can be Traded on the third party DEXes
- LSD provider for Polkadot and Polygon
- LSD provider for Cosmos Eco projects
Answer: Option A and D
Question 3: What is the Liquid Staking asset for BENQI called?
- mSOL
- sAVAX
- stETH
- MATICx
Answer: sAVAX
Question 4: What does Ignite do?
- Protocol revenue sharing for users
- QI reward boosts
- Directs staked AVAX delegations to validators
- Launch validator nodes and Avalanche Layer 2s with QI
Answer: Launch validator nodes and Avalanche Layer 2s with QI
Question 5: Which of the chains below is not integrated with KyberSwap at the moment?
- Ethereum & BNB Chain
- Polygon & Avalanche
- Arbitrum & Optimism
- Tezos & Algorand
Answer: Tezos & Algorand
Question 6: Name the KyberSwap feature that can spot tokens before they trend
- Multichain Bridge
- Aggregator
- Discover
- Limit Order
Answer: Discover
Question 7: What asset can you borrow against ETH?
- BTC
- alUSD
- alETH
- ALCX
- All of the above
Answer: All of the above
Question 8: What benefits do you get from Alchemix?
- Self-Repaying loans
- Airdrop for everyone who takes a loan
- No risk of liquidation
- Up to 50% loan to value on deposits
Answer: Option A and C
DISCLAIMER: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Paisawasooldeal is not responsible for your trading losses. Also, the content expressed here is just for educational purposes only.
