Binance Learn and Earn Quiz Answers – BUSD Quiz Answers

What is Binance Learn And Earn Quiz?

With the goal of helping its customers better understand cryptocurrencies and blockchain technologies, Binance created the Learn and Earn Program.

Users are encouraged to learn more about crypto by reading articles and watching tutorial videos. And then they’ll use that knowledge to earn cryptocurrency by taking tests.

These have time-sensitive rewards that decrease in value with time. Both of the introductory classes cost 50,000 SHIB and cost half a billion US dollars.

Binance BUSD Quiz Answers

How To Participate in The Binance BUSD Quiz?

1. Open the website or the Binance app and navigate to the quiz page.

Click Here to log in to your account using your email address or mobile number.

3. View films and read articles on the blockchain network Algorand.

4. Finish the examination on December 7 at 9:00 UTC.

5. Within 48 hours, receive a guaranteed BUSD token cash.

1. Sign up for or log into your Binance account first.

2. Next, go to Binance Academy’s [Learn and Earn] landing page.

3. After choosing a course, click “Start Course.” For learning and to pass the test, adhere to the directions. If you succeed in the test, you will receive a token voucher as payment.

There are answers to the Binance BNB Learn and Earn Quiz above this page!

4. Click [Reward history] to view the allocation of incentives. Please be aware that if you pass the quiz and are eligible for this campaign, incentives will be sent out within 48 hours.

5. Navigate to [Account] – [Award Center] to redeem the reward.

Please be aware that the token voucher is only good for 14 days after it is given out. Please use the voucher to redeem your tokens before it expires. Here is information about using a voucher.

What is BUSD?

Paxos and Binance created BUSD to be a stable cryptocurrency. To market its Stablecoin as a Service offering to third-party businesses, Paxos employs blockchain technology. Paxos had previously issued a gold-backed stablecoin known as PAX Gold (PAXG). Both BUSD and PAXG tokens are subject to oversight by the New York State Department of Financial Services.

In technical terms, BUSD is a stablecoin whose value is pegged to the U.S. dollar. Paxos keeps reserves in FDIC-insured U.S. institutions or Treasuries backed by the U.S. government in an amount equal to the whole supply of BUSD. BUSD’s value moves up or down in tandem with the value of the US dollar. It’s the standard stablecoin design, used by the most majority of stablecoins nowadays.