Most AMA giveaways and #airdrop go to users who are early and smart. Users end end up making 2 to 6 ($10 to $100,000+) figures in these events. Learn and earn campaigns are also not left out.
You can test your knowledge with the questions below, let's see the smartest #Binance users:👇
What is the name of the first cryptocurrency?
Bitcoin
Ethereum
Litecoin
Dogecoin
What is the underlying technology that powers cryptocurrencies?
Blockchain
Distributed ledger technology
Peer-to-peer networking
All of the above
What is a blockchain?
A distributed ledger of transactions
A secure database
A way to track ownership of digital assets
All of the above
What is a wallet?
A software program that stores cryptocurrency
A physical device that stores cryptocurrency
A service that allows users to store cryptocurrency
All of the above
What is a node?
A computer that is connected to the blockchain network
A miner
A wallet
None of the above
What is mining?
The process of adding new blocks to the blockchain
The process of securing the blockchain network
The process of creating new cryptocurrency
All of the above
What is a smart contract?
A self-executing contract
A piece of code that runs on the blockchain
A way to automate transactions
All of the above
What is a dApp?
A decentralized application
A web application that runs on the blockchain
A way to interact with the blockchain
All of the above
What is the most popular cryptocurrency exchange?
Binance
Coinbase
Kraken
Huobi
What is the future of cryptocurrency?
It will become a mainstream form of payment
It will be used to store value
It will be used to power decentralized applications
All of the above.
Drop your answers below 👇 (ABCD format)
Let me know if you need more brain teasers like this too📚
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Disclaimer
Post is for #educational purpoes only and we do not offer Financial advice. Investing in Cryptocurrencies is comes with it's own risk, always dyor 🙏