Binance LOOM Token Quiz Answers: Learn & Trade LOOM

Binance LOOM Token Quiz Answers: (BSC) Binance Learn and Trade Loom quiz answers have been updated.

New Learn and Earn campaign coming from Binance: Learn & Trade LOOM – $100,000 Rewards Up for Grabs.

It includes 2 activities: one is Learn and Earn ($60,000 Prize Pool in LOOM Tokens) and the other is Trade Loom (Win $40,000 Prize Pool in LOOM Tokens)

Users who trade 5,000 LOOM or more in the eligible LOOM trading pairs and participate in the quiz, will be qualified to share the prize pool of $20,000 in LOOM token vouchers.

Rewards will be distributed based on the total number of correctly answered questions as a proportion of all correctly answered questions by all qualified users.

Binance Learn and Earn Loom campaign will run from 17th November 2021 and will end on 23rd November 2021.

How to participate in Binance Learn & Earn campaign? 

1) Sign in on Binance to create account, link is given below create your account now.

2) Register for the learn & Trade LOOM Token Campaign: Click Here

3) You can find Binance Learn & Earn Loom quiz link posted on our Telegram channel.

4) Binance Quiz answers have been updated. Scroll down to see the answers.

Binance Learn and Trade LOOM Quiz Answers

Binance Loom Token Quiz Answers

Q1) What is the name of Loom Network’s mainnet?

Answer: Basechain

Q2) Which networks is the LOOM token deployed on?

Answer: All of the above

Q3) What is Loom Network building?

Answer: An ecosystem of blockchains for next-gen DeFi protocols, NFTs, and multi-chain dapps

Q4) What kind of consensus algorithm does Loom Network’s mainnet use?

Answer: Proof of Stake (PoS)

Q5) What is Loom Network doing to help new blockchain developers? 

Answer: Running the CryptoZombies code school

Other Learn & Earn Crypto Quiz Answers: