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?

Answer: A cryptocurrency is a form of digital cash that enables individuals to transmit value in a digital setting.

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

Powered by: Techleadeers 


Comments

Popular posts from this blog

Binance Football fever 2 NFT offer🔥🔥🔥