Binance Academy is a cryptocurrency and blockchain education platform.
You can take the beginner track and the intermediate track to earn rewards.
To get started, go to binance.com/en/survey/e9a473717cb7414880f995f17b408a3a.
Once you’re on the page, you need to answer all 8 questions and submit the quiz.
Sign up here: accounts.binance.com/register?ref=73583477 or use “73583477” as the referral code.
This guide contains all of the Binance Academy 7YA Product Guides Study Week Quiz Answers to get up to 77 BNB in rewards.
Binance Academy 7YA Product Guides Study Week Quiz Answers
Question: What security measures are recommended for enhancing the security of your Binance account?
Answer: Using a strong password, enabling two-factor authentication, and setting up an anti-phishing code.
Question: What type of order lets you set a specific price for buying or selling cryptocurrencies on Binance Spot?
Answer: Limit order.
Question: What technology does the Binance Web3 Wallet use to enhance security by eliminating the need to store private keys in a single location?
Answer: Multi-Party Computation (MPC)
Question: What technology does the Binance Inscriptions Marketplace use to speed up transaction confirmations during periods of network congestion?
Answer: BTC Transaction Accelerator.
Question: Which Binance Earn product allows users to earn higher interest rates by locking up their funds for a specified period?
Answer: Locked Savings.
Question: Which Binance Pay feature allows users to make cryptocurrency payments by entering the recipient’s email, phone number, or Binance ID (UID)?
Answer: Payment link generation.
Question: Which Binance platform allows users to earn new tokens by locking their assets, without having to make a purchase?
Answer: Binance Launchpool.
Question: What is the main purpose of Binance Megadrop?
Answer: To offer users early access to new token projects and opportunities to earn rewards through Binance Simple Earn and Web3 quests.
