** BUSD Answer 👇

1) BNB Smart Chain and Ethereum network are different networks, similar to various banks. We need to select the correct deposit address to make a deposit. What steps should you follow to deposit your crypto into Binance?
Answer :- Check if Binance supports the token you are depositing > Select a deposit network that the withdrawal platform supports > Retrieve the deposit address from Binance > Proceed to deposit with the deposit address > Check and verify your deposit after the transaction has been processed on-chain.

2) What is a cryptocurrency?
Answer :- A cryptocurrency is a form of digital cash that enables individuals to transmit value in a digital setting.

3) Why KYC(Know Your Customer) matters？
Answer :- Select All 4 Answer

4) I have noticed that my Ethereum and BSC wallet addresses are identical. However, it doesn't matter if I choose to transfer my crypto asset to any of these two networks. (True or false?)
Answer :- False

5) The main benefit of keeping your crypto in a non-custodial wallet is that you won’t lose your crypto if you forget your password. （True or false?）
Answer :- false

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🔥CMC Answers🔥

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Answer

1. Solar's governance is set up as:
Answer: A fully decentralized autonomous organization (DAO)

2. What innovations will Solar support within its ecosystem?
Answer: All of the above

3. How are node operators chosen?
Answer: Based on votes by coin holders

4. What is the native coin of the Solar network?
Answer: SXP

5. What happens to transaction fees?
Answer: 90% of fees are burned. The remaining 10% is earned by node operators

6. How does Solar help to ensure a sustainable blockchain future?
Answer: Solar uses a highly energy-efficient consensus mechanism for its own blockchain and native coin.

7. Solar's platform is
Answer: Open source on Github

8. What is a delegate?
Answer: A node operator, who secures the network by validating transactions and minting new blocks.

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Complete All Task
Submit BSC Address
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Answer 👇
1. A
2. B
3. A
4. C
5. A
6. B
7. C
8. A
9. C
10. B

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