Binance X Avalanche (AVAX) Learn & Earn Quiz with Answer

 💰Reward: $75,000 [Total Pool] (Will be divide according to the number of users)

Promotion period: 2021-10-09 00:00 AM to 2021-10-15 11:59 PM (UTC)

Reward 1: If you trade 10 AVAX or more, you will be included in the $15,000 pool

Reward 2: If you trade 40 AVAX or more, you will be included in the $15,000 pool

✅Guide:

1. Signup here & complete KYC: https://accounts.binance.me/en/register?ref=IWQEF0ZX (KYC necessary)

2. Trade 11-41 Avax in the spot trading section.

3. Solve the quiz and fill this form: https://docs.google.com/forms/d/e/1FAIpQLScy0RTkiMcZ2wzdUI8hAJxkCJt5tcAwW5G4SBqPUnxi7Mpxyg/viewform

✅Quiz answers: 

1. What big challenges does Avalanche solve for DeFi? 

Ans: A: Fast, Low Cost, and Eco-Friendly

2. What is the AVAX token mainly used for?

Ans: C: Avax is a hard-capped, scarce asset that is used to pay for fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created on Avalanche.

3. Avalanche is the first major breakthrough in consensus since _______

Ans: B: Nakamoto consensus

4. What is the fastest smart contract platform by time-to-finality? 

Ans: Avalanche

5. How many nodes can participate as full, block-producing validators on Avalanche blockchain?

Ans: A: No limitation on validating nodes. Can scale to millions

6. What kind of custom blockchains can you launch on Avalanche, public or private? 

Ans: C: Both