Binance Quiz Answers: In this quiz post, I will tell you all the answers to the Binance quiz game.
After getting all the answers, ready for the below profits:
- The margin on trading.
- Play a quiz contest and get a reward.
- Open a free Demat account.
- And more profits.
Forsooth:
I have got a margin on trading after winning this quiz contest whenever I had to play it.
Have you ever participated in any quiz contests? If yes, then dive straight into this post.
Then learn more about the Binance quiz!
Binance or Binance Future, you can do it by any name, this platform is made for users who want to do online trading in cryptocurrencies.
However, it provides all types of 600+ cryptocurrencies where you can hold, buy or sell at any value. The new users can use it but make a small investment in it.
Today, Binance comes with a unique quiz contest, and those participants will complete it, then they will receive a margin value for trading.
Also check:
Are you excited to try this new quiz contest on Binance futures or Binance? Then get all answers to the question.
Table of Contents
Binance Quiz Answers Terms:
1. Get Margin on Trading through this Contests
1) The users will get a reward in the form of margins on trading.
2) Whenever the users trade and if they want margins, then they have to give all the answers to questions.
3) Every quiz contest has 12 questions, and users have to qualify for the contest to avail of the rewards.
4) There will be no time limit to complete the Binance quiz contest, but every answer to the question is correct.
5) Users can play this contest either on the desktop or any Android smartphone.
Binance Quiz Answers:
Q1)
Ans: They have different interest rates
Q2)
Ans: Margin level = total assets value/ total borrowed value + total accrued interest value
Q3)
Ans: The Margin level has reached the liquidation level
Q4)
Ans: Hourly, at the time of borrowing
Q5)
Ans: No, you can use the auto borrow function on the trading page.
Q6)
Ans: The borrowing period
Q7)
Ans: The borrowing interest rate will change with the market.
Q8)
Ans: Binance insurance funds will write off your debts
Q9)
Ans: Transfer BNB to cross margin account and repay manually
Q10)
Ans: Reduce your positions to repay the debt or add more collateral into the margin account.
Q11)
Ans: When a position is forcedly liquidated
Q12)
Ans: All of the above
How to Avail Binance Quiz Answers:
1) Firstly, tap on the Binance website from the given link or download the app from the Android store.
2) After that, signup with existing Demat account details or make a new profile Id on Binance.
3) Then, enter your phone number/email address, password, and referral code.
4) Once you make your account on Binance, then you need to complete your KYC verification.
5) After that, add your fund from a bank account into the Binance wallet and start trading.
6) Before trading, you need to participate in the Binance quiz contest from the available page
7) Complete all the questions step-by-step on the page and check all the answers to the above questions.
8) Once you submit the quiz, then you will get your reward bonus for margins on trading.
Conclusion:
Get all the above answers while playing the quiz.
How many margin rewards did you get from Binance?
Share experience with trading and check all these free recharge offers from this post.
Binance Quiz Answers FAQs:
Does Binance also runs quiz contests?
Yes, Binance runs a quiz contest which is free for all the consumers.
What will I get from Binance quiz?
You will get free rewards from Binance after completing this short quiz.
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Finally Watch Related Video:
From this video, you will get 100% about the Binance quiz.