Binance Learn And Earn Quiz Answers Today – XRP, LSK, BTTC Quiz Answer

❇️ XRPL is decentralized, permissionless, and open-source

✅✅ True

❇️ What is the native digital asset on the XRP Ledger?

✅✅ XRP

❇️ On average, how long does a transaction confirmation on the XRP Ledger take?

✅✅ 3 to 5 seconds

❇️ What is the XRP Ledger’s validation mechanism?

✅✅ Federated Consensus

❇️ What can the XRP Ledger be used for today?

✅✅ All the correct

❇️ What is the average cost of transactions on XRPL?

✅✅ Less than 1 cent

❇️ Which of the following describes the XRPL?

✅✅ All are correct

❇️ The XRPL’s built-in DEX is based on an order book model.

✅✅ True

❇️ The XRP Ledger is useful for developers because.

✅✅ They are able to code in Python, Java and JavaScript languages.

👉👉 LSK Quiz Answers :-

❇️ Which popular programming language does Lisk support?

✅✅ JavaScript

❇️ What consensus mechanism does Lisk currently utilize?

✅✅ Delegated Proof of Stake

❇️ Which token is used within the Lisk Network as a utility token?

✅✅ LSK

❇️ What is the current development goal for Lisk?

✅✅ To enable interoperability within the Lisk ecosystem

❇️ How will blockchain applications operate within the Lisk Ecosystem?

✅✅ On separate sidechains

❇️ What makes Lisk accessible to Web3 developers?

✅✅ All are correct

❇️ How can users benefit from Lisk’s accessibility?

✅✅ All are correct

❇️ What can LSK holders do with the token?

✅✅ All are correct

👉👉 BTTC Quiz Answers :-

❇️  “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time.

✅✅ Proof of Stake blockchain

❇️ With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false?

✅✅ False 

❇️  What can you NOT do on Binance Earn?

✅✅ Conduct leveraged trading to amply the returns

❇️ Which of the following is a form of passive income?

✅✅ Alice stakes her crypto holdings

❇️ What can you do with Binance Earn?

✅✅ Select different products to