Binance Learn & Earn SKL Quiz Answers
Binance Learn & Earn SKL Quiz, Binance Learn & Earn SKL Quiz Answers – Hi Guys, Hope you are enjoying our daily posting of amazon quiz answers & amazon funzone stars quiz answers. Meanwhile , Binance the popular crypto platform of the world has announced another learn & earn SKL quiz program for all users. Binance learn & earn is great source of free crypto earning without spending any penny.
There will be 2 Quizzes (TRU & SKL) on 9th November 2022 in Binance learn & earn. we have already posted the Binance learn & earn TRU quiz answers. keep that tab open while solving the questions.
We have already posted each & all Binance Learn & earn quiz answers in 1 post. must check out that one too.
Meanwhile , Binance has announced next chapter of “Binance Learn & Earn SKL quiz“, where users can gain knowledge about SKL coin and earn up to $13 in crypto by completing course and quiz of SKL.
SKALE is made up of a potentially unlimited number of blockchains that are modular, fast, and secure. It operates in an integrated manner with the Ethereum blockchain. Developers can take advantage of Ethereum’s security by migrating their DeFi projects to their own SKALE chains to achieve high throughput and low-to-zero gas fees.
Binance Learn & Earn SKL Quiz
| Binance Learn & Earn SKL Quiz | Details |
|---|---|
| Quiz about : | SKL Token |
| Quiz Date : | 9th November 2022 |
| Quiz Time : | 2022-11-9 09:00 (UTC) |
| Number of Questions : | 8 |
| Number of winners : | 1st come 1st serve |
How to Participate in Binance Learn & Earn SKL Quiz
- First of all update your Binance app from Playstore to latest version of visit this Binance Learn & earn quiz webpage directly
- New Users of Binance can create new account from here
- Login into your Binance account
- Go to homepage & you will see this learn & earn SKL quiz banner
- Click on that
- New chapter of learn & earn SKL quiz will live from 2.30 PM IST
- start the quiz at same time & solve using below already solved Binance SKL Quiz answers
Binance Learn & Earn SKL Quiz Answers
Question 1: How much are gas fees on the SKALE Network?
Answer is : zero
Question 2: What type of blockchain is the SKALE Network?
Answer is : Modular Layer1/Layer2 Hybrid
Question 3: What types of decentralized applications run on SKALE?
Answer is : All are correct
Question 4: How does SKALE improve User Experience?
Answer is : All are correct
Question 5: The SKALE network supports thousands of independent blockchains, multi-chains, and storage chains with zero gas fees, faster commit times, and increased transaction throughput. True or False?
Answer is : true
Question 6: How does SKALE increase the supply of SKALE Chains?
Answer is : Incentivizing SKALE chain creation through surge pricing.
Question 7: SKALE is Ethereum compatible. True or false?
Answer is : true
Question 8: How many Elastic Sidechains can be created in the SKALE ecosystem?
Answer is : An unlimited amount
Questions will be in different order in your accounts.
If anything change in this question , we will update correct questions on Our Telegram channel.
Earn Passive Income On Binance Quiz Answers :
Question 9: “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time.
A: Proof of Stake blockchain
Question 10: With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false?
A: false
Question 11: What can you NOT do on Binance Earn?
A: Conduct leveraged trading to amply the returns
Question 12: Which of the following is a form of passive income?
A: Alice stakes her crypto holdings
Question 13 : What can you do with Binance Earn?
A: Select different products to grow your crypto holdings
Question 14: What is NOT staking?
A: Generate returns by trading your coins
Question 15: 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?
A: true
Question 16: When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _.
A: spot wallet
Question 17: Binance Locked Staking’s locking period for different products is the same. True or false?
A: false
Details About SKL Tokens (Useful in Binance SKL Quiz)
Scalable, interconnected blockchains make up the modular layer-1 and layer-2 hybrid network known as SKALE. To achieve fast throughput with low gas costs, it enables developers to move their projects from the Ethereum network onto one of the blockchains managed by SKALE.
Jack O’Holleran and Stan Kladko founded SKALE in 2018 with the goal of enhancing the entire user experience in the blockchain industry. Its goal is to provide quick, simple, and cost-free blockchain applications to all customers. A quick, gas-free ecosystem is created by SKALE’s EVM (Ethereum Virtual Machine) compatible blockchains to facilitate the creation of NFTs, games, DApps, and other applications.
How SKL Token works?
While running its own consensus mechanism, SKALE integrates with Ethereum to operate. The proof-of-stake (PoS) network of ETH and SKALE are combined in this design to provide high-speed, secure, and close-to-zero gas charge transactions. In terms of price and performance, it also helps Web3 and DeFi applications, which helps Ethereum scale for wide usage.
Terms and Conditions Of Binance SKL Quiz :
- Illegally bulk registered accounts and sub-accounts shall not be eligible to participate or receive any rewards.
- Rewards are limited and are available on a first-come, first-served basis. Users can only claim the reward for each course after completing the respective quiz.
- There will be caps imposed on the amount of rewards available to eligible users per country/region.
- Eligible users may complete multiple quizzes to claim multiple rewards.
- The actual value of the reward received is subject to change due to market fluctuation.
- Rewards will be distributed within 48 hours to qualified learners who pass the quiz. Users may check their rewards via Account > Reward Center.
- Binance reserves the right to terminate the activity at any time without prior notice.
- Binance accounts can only be used by the account registrants. Binance reserves the right to suspend, freeze or cancel the use of Binance accounts by persons other than account registrants.
- Binance reserves the right of final interpretation of the activity. Binance reserves the right to change or modify these terms at its discretion at any time.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
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