Binance Welcome To Crypto Quiz answers🔥🔥
Binance Welcome To Crypto Quiz answers:
Here are all the answers to Binance's latest welcome to crypto quiz
Question 1: What is cryptocurrency?
Question 2: The main benefit of keeping your crypto in a non-custodial wallet is that you won’t lose your crypto if you forget your password. True or false?Answer: False
Question 3: BNB Smart Chain and Ethereum network are different networks, similar to various banks. We need to select the correct deposit address to make a deposit. What steps should you follow to deposit your crypto into Binance?
Answer: Check if Binance supports the token you are depositing > Select a deposit network that the withdrawal platform supports > Retrieve the deposit address from Binance > Proceed to deposit with the deposit address > Check and verify your deposit after the transaction has been processed on-chain.
Question 4: I have noticed that my Ethereum and BSC wallet addresses are identical. However, it doesn’t matter if I choose to transfer my crypto asset to any of these two networks. True or false?Answer: False
Question 5) Why does KYC (Know Your Customer) matter?
Answer: Select all the options
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