Binance Polymesh Quiz Answers

Binance Polymesh Quiz Answers

Binance polymesh quiz answers: Get a 100% score in the Binance learn and earn Polymesh quiz and earn assured POLYX tokens.

This is basically a learn and earn quiz from Binance and is launched to celebrate the Christmas festive season. You can gain some information on crypto blockchain and its working.

The quiz will be covering polymesh blockchain network and its native token POLYX. It is a layer 1 public permissioned blockchain built for security tokens.

Node operators and stakers secure the polymesh blockchain and both of them validate blocks. Polymesh is neither built on Ethereum nor Solana, it is a standalone blockchain.

What is POLYX? It is Polymesh’s native token also known as a utility token. For more details visit Binance’s official website. You can take the polymesh quiz on 7th December at 09:00 UTC.

Simultaneously three more quizzes Algorand, BNB, and BUSD will also go live on the same day. You can also complete those to earn free crypto tokens.

Quiz Date & Rewards

TopicPolymesh (POLYX) 
Date7th December 2022 at 09:00 UTC
RewardsPOLYX tokens
WinnersFirst come, first served!

Earn Free POLYX Tokens From The Quiz

1) Open the Binance app and login.

2) Go to services » gift & campaign section.

3) Tap on the learn & earn icon and take the Polymesh quiz.

4) Submit the answers and earn POLYX tokens.

Binance POLYX Quiz Answers

Q1) What is Polymesh built for?

Answer: Security tokens

Q2) Who are Polymesh’s node operators?

Answer: Regulated financial entities only

Q3) How large is the securities market?

Answer: Hundreds of trillions of dollars

Q4) Can you earn staking rewards with POLYX?

Answer: Yes

Q5) Polymesh falls into which category of blockchain?

Answer: Public permissioned

Q6) How is POLYX classified under Swiss law?

Answer: Utility token

Q7) What consensus mechanism does Polymesh use?

Answer: Proof-of-stake

Q8) What are the key pillars of Polymesh?

Answer: Governance, identity, compliance, confidentiality, settlement

Q9) What are the next steps for Polymesh?

Answer: Stablecoins, MERCAT, Integrations, NFTS

Q10) Polymesh is the blockchain of?

Answer: Making tokenization accessible to institutions