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🔥 Binance Loot All Quiz Answers🔥

✅XRP Quiz Answers :-

Q: XRPL is decentralized, permissionless, and open-source
Answer: True

Q: What is the native digital asset on the XRP Ledger?
Answer: XRP

Q: On average, how long does a transaction confirmation on the XRP Ledger take?
Answer: 3 to 5 seconds

Q: What is the XRP Ledger’s validation mechanism?
Answer: Federated Consensus

Q: What can the XRP Ledger be used for today?
Answer: All the correct

Q: What is the average cost of transactions on XRPL?
Answer: Less than 1 cent

Q: Which of the following describes the XRPL?
Answer: All are correct

Q) The XRPL’s built-in DEX is based on an order book model.
Answer: True

Q: The XRP Ledger is useful for developers because.
Answer: They are able to code in Python, Java and JavaScript languages.

✅LSK Quiz Answers :-

Q: Which popular programming language does Lisk support?
Answer: JavaScript

Q: What consensus mechanism does Lisk currently utilize?
Answer: Delegated Proof of Stake

Q: Which token is used within the Lisk Network as a utility token?
Answer: LSK

Q: What is the current development goal for Lisk?
Answer: To enable interoperability within the Lisk ecosystem

Q: How will blockchain applications operate within the Lisk Ecosystem?
Answer: On separate sidechains

Q: What makes Lisk accessible to Web3 developers?
Answer: All are correct

Q: How can users benefit from Lisk’s accessibility?
Answer: All are correct

Q: What can LSK holders do with the token?
Answer: All are correct

✅BTTC Quiz Answers :-

Q:  “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time.
Answer: Proof of Stake blockchain
Q: With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false?
Answer: False
Q:  What can you NOT do on Binance Earn?
Answer: Conduct leveraged trading to amply the returns
Q: Which of the following is a form of passive income?
Answer: Alice stakes her crypto holdings
Q: What can you do with Binance Earn?
Answer: Select different products to

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