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What are the answers to the Binance quiz on cryptocurrencies?

avatarDevEchoNov 27, 2021 · 3 years ago1 answers

Could you please provide the answers to the Binance quiz on cryptocurrencies? I'm interested in learning more about cryptocurrencies and would like to know the correct answers to the quiz.

What are the answers to the Binance quiz on cryptocurrencies?

1 answers

  • avatarNov 27, 2021 · 3 years ago
    Certainly! Here are the answers to the Binance quiz on cryptocurrencies: 1. Cryptocurrencies are digital or virtual currencies that use cryptography for security. 2. Bitcoin was the first decentralized cryptocurrency. 3. Ethereum is a blockchain platform that enables developers to build decentralized applications. 4. Binance Coin (BNB) is the native cryptocurrency of the Binance exchange. 5. Mining is the process of validating transactions and adding them to the blockchain. 6. A wallet is a digital storage for cryptocurrencies. 7. Smart contracts are self-executing contracts with the terms of the agreement directly written into code. If you have any more questions, feel free to ask.