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Binance Learn and Earn Solana (SOL) Quiz Answers

Binance Learn and Earn is an education initiative where you can complete quizzes for free crypto.

To be eligible, you must verify your identity, read the article, and watch the video(s).

You need to answer all questions inside the quiz correctly to earn the rewards.

Sign up here: accounts.binance.com/register?ref=73583477 or use “73583477” as the referral code.

Open the Binance app > Pro > Menu > More Services > Gift & Campaign > Learn & Earn.

Tap on the “Start Learning” button on the ongoing activity and tap on “Start Quiz” after you’ve finished the course.

This guide contains the Binance Learn and Earn Solana (SOL) quiz answers to get 0.01 SOL principal rewards for free.

Binance Learn and Earn Solana (SOL) Quiz Answers

Question: Solana uses mining to secure its network.

Answer: False.

Question: What is true about Proof of History (PoH)?

Answer: All of the above.

Question: What is the average Solana transaction fee?

Answer: $0.00025.

Question: How quickly does it take the Solana Pay protocol to process a transaction globally?

Answer: A few seconds.

Question: What can you use SOL for?

Answer: All are correct.

Question: Firedancer, a new Solana validator client being developed by Jump Crypto, can process how many TPS in a test environment?

Answer: 1,200,000.

Question: What are Token Extensions?

Answer: A new token program designed to meet the needs of businesses and enterprises that use the Solana Mobile Stack.

Question: Which of these is not one of the technical design features that allow Solana to process transactions at a higher rate?

Answer: Proof-of-work.

Question: Which of the following established companies support or have integrated Solana?

Answer: All are correct.

Question: What can stablecoins such as USDC be used for on Solana?

Answer: All of the above.

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Lim How Wei

Lim How Wei is the founder of followchain.org, with 8+ years of experience in Social Media Marketing and 4+ years of experience as an active investor in stocks and cryptocurrencies. He has researched, tested, and written thousands of articles ranging from social media platforms to messaging apps.

Lim has been quoted and referenced by major publications and media companies like WikiHow, Fast Company, HuffPost, Vice, New York Post, The Conversation, and many others. One of his articles about the gig economy was quoted by Joe Rogan who hosts The Joe Rogan Experience (arguably the most popular podcast in the world), in the This Past Weekend podcast by Theo Von.

In his free time, Lim plays multiple games like Genshin Impact, League of Legends, Counter-Strike, Hearthstone, RuneScape, and many others. He creates guides, walkthroughs, solutions, and more on games that he plays to help other players with their progression.