How to Answer Binance Learn and Earn BTTC Quiz

08/08/2022By: C, Fiona

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https://www.coolztricks.com/2022/08/binance-bttc-quiz-answers.html

Are you looking for the latest Binance Learn and Earn Quiz Answers? You’ve come to the correct location!

Binance, the popular cryptocurrency exchange, is well-known for its willingness to try new things and expand its offerings. The Binance Bitcoin Button and the Binance Wodl games are just two of the exchange’s recent cryptocurrency-earning offerings. Learn and Earn, commonly known as Binance’s quiz product and dubbed “learn,” is among the oldest and most popular, delivering a wide variety of questions to Binance users in order to earn cryptocurrency.

On August 4th, 2022, there will be three quizzes (BAND, UMA, and BTTC) in Binance learn & earn. We’ve already published the answers to the Binance Learn & Earn BAND and UMA quizzes. All the information you need regarding Binance BAND Quiz is here, including the correct answers.

The Binance Learn and Earn Quiz Answers – Beginner’s Guide have already been published in a single post. Check this too.


How to Answer Binance Learn & Earn BTTC Quiz

  • Sign up or log in to your Binance account by clicking the link provided below.
  • Your KYC verification must be completed in order to claim prizes.
  • From the Binance app dashboard, or by clicking here, go to the learn & earn quiz page.
  • A new version of the UMA quiz will be available at 7:00 a.m. on August 4th, 2022. (UTC).
  • Once the quiz becomes online, take it and you’ll be guaranteed $UMA crypto awards.

Binance Learn & Earn BTTC Quiz Answers

Question 1: “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time.

Answer is : Proof of Stake blockchain

Question 2: With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false?

Answer is : false

Question 3: What can you NOT do on Binance Earn?

Answer is : Conduct leveraged trading to amply the returns

Question 4: Which of the following is a form of passive income?

Answer is : Alice stakes her crypto holdings

Question 5: What can you do with Binance Earn?

Answer is : Select different products to grow your crypto holdings

Question 6: What is NOT staking?

Answer is : Generate returns by trading your coins

Question 7: Once you subscribe to the Locked Staking, interests will be calculated from the following day, and are distributed to your Spot Wallet every day. True or false?

Answer is : True

Question 8: When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _?

Answer is : Spot wallet

Question 9: Binance Locked Staking’s locking period for different products is the same. True or False?

Answer is : False

A Brief Overview of BTTC Tokens

Large files can be stored and shared using BitTorrent Chain’s P2P paradigm, which relies on the network participants: peers, seeders, providers, and requesters. The entire network relies on the network participants: In order to get greater bandwidth and faster downloads, you can use the BTTC service. Movies and TV shows, as well as other multimedia content, can be downloaded from the internet.

The BTTC token is used as the primary mode of payment on the network, but it can also be traded in the cryptocurrency market for profit. Through the BitTorrent Chain Speed app, network members, such as service providers, can earn BTTC by sharing and selling more bandwidth to requesters.