One Comment

• 

  Abdullah Sk

  January 17, 2023 at 10:15 am

  Go to more option

  Binance Learn & Earn Quiz Answer:-👇

  ✅BUSD

  1. What is the name of the BUSD-pegged token Binance offers on BNB chain and other chains?

  Answer: Binance-peg BUSD

  2. What is the total supply of BUSD?

  Answer: Just over 22 billion

  3. Which chain is BUSD minted on by Paxos?

  Answer: Ethereum

  4. Who regulates BUSD?

  Answer: NYDFS (New York Department of Financial Services)

  5. Who mints BUSD?

  Answer: Paxos

  6. What fiat currency is BUSD pegged to?

  Answer: U.S. Dollar

  7. BUSD is backed 1:1 with:

  Answer: Cash reserves

  8. How can you purchase BUSD or Binance-Peg BUSD?

  Answer: All are correct

  9. What can BUSD be used for?

  Answer: All are correct

  10. Which of the following descriptions is incorrect?

  Answer: BUSD doesn’t provide a monthly basis attestation report.

  ✅BNB

  1. BEP-2 BNB is the native coin of Ethereum. True or false?

  Answer: False

  2. What use cases does BNB have?

  Answer: All are correct

  3. Which token standards exist for BNB?

  Answer: All are correct

  4. Owning BNB provides you with a share of Binance’s profits.

  Answer: False

  5. Which token standards exist for BNB?

  Answer: All are correct

  6. BNB was originally issued as a:

  Answer: ERC-20 token on Ethereum

  7. What was BNB’s initial sale price during its distribution?

  Answer: 1 ETH for 2700 BNB and 1 BTC for 20,000 BNB

  8. BNB launched through an initial game offering (IGO) in 2017?

  Answer: False

  9. Total supply of BNB?

  Answer: 200 million BNB

  😘

  Log in to Reply