Binance Learn & Earn KNC Quiz Answers
Binance Learn & Earn KNC Quiz, Binance Learn & Earn KNC Quiz Answers – Hi Coolz Readers!! Hope you are reading our daily posting of amazon quiz answers & amazon funzone stars quiz answers. In between, Binance the popular crypto platform of the world has announced another learn & earn KNC quiz program for all users.
There will be 3 Quizzes (KNC, BURGER, OM) on 21st September 2022 in Binance learn & earn. we have already posted the Binance learn & earn OM quiz answers. Here is all details about Binance Kyber Network Quiz & we have updated all correct answers of Binance Kyber Network Quiz.
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 KNC quiz“, where users can gain knowledge about KNC coin and earn up to $10 in crypto by completing course and quiz of KNC.
Kyber Network is a multi-chain crypto trading and liquidity hub that connects liquidity from different sources to enable trades at the best rates. Trade tokens at the Best Rates in DeFi.
Binance Learn & Earn KNC Quiz
| Binance Learn & Earn KNC Quiz | Details |
|---|---|
| Quiz about : | KNC Token |
| Quiz Date : | 21st September 2022 |
| Quiz Time : | 2022-09-21 09:30 (ITC) |
| Number of Questions : | 08 |
| Number of winners : | 1st come 1st serve |
How to Participate in Binance Learn & Earn KNC 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 KNC quiz banner
- Click on that
- New chapter of learn & earn HIGH quiz will live from 09.30 PM IST
- start the quiz at same time & solve using below already solved Binance KNC Quiz answers
Binance Learn & Earn KNC Quiz Answers
Question 1: What is KyberSwap?
Answer is : All are correct
Question 2: What is KyberDAO?
Answer is : Kyber Network’s community governance platform
Question 3: Users can use KyberSwap’s Discover feature to discover potentially trending tokens.
Answer is : True
Question 4: The Amplification (AMP) factor is used to____
Answer is : Mimic higher levels of liquidity
Question 5: Which blockchain is KyberSwap based on?
Answer is : Ethereum
Question 6: Users can earn KNC by
Answer is : All are correct
Question 7: KyberSwap uses _ a Market Maker protocol?
Answer is : Dynamic
Question 8: What is Kyber Network’s native token?
Answer is : KNC
Questions will be in different order in your accounts.
If anything change in this question , we will update correct questions on Our Telegram channel
Details About KNC Tokens (Useful in Binance HIGH Quiz)
Decentralized finance needs decentralized liquidity. Kyber is the key infrastructure that provides the necessary liquidity for the whole ecosystem of Dapps to operate. Kyber ensures the best rates for traders, Dapps, and aggregators by efficiently sourcing liquidity from multiple liquidity protocols. Unlike off-chain systems, Kyber allows blockchain apps to easily integrate with its various protocols, saving time and resources.
All operations are fully transparent and verifiable on the blockchain, with permissionless access for any trader, liquidity provider, or Dapp. Anyone can contribute tokens and utilize their capital efficiently, earning fees in every trade. Kyber is able to cater to the needs of different liquidity providers and market makers.
Terms and Conditions Of Binance KNC Quiz :
- Users from the Philippines are not eligible to participate in this promotion.
- 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. Users will not be able to participate in this activity once all rewards are distributed.
- The actual value of the reward received is subject to change due to market fluctuation.
- For KNC and OM courses only: KNC and OM rewards are only available to users who have never subscribed to Locked Staking products before 2022-09-21 16:00 (UTC).
- Binance Staking will return staked digital assets/digital currencies to users’ spot wallets at the end of the agreed staking period. Users can view their Locked Staking assets by going to Wallets > Earn > Locked Staking.
- For this activity, users may not redeem their staked digital assets/digital currencies in advance.
- For all remaining courses, excluding that on KNC and OM: Token voucher 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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