Binance COTI Quiz Answers – Binance COTI Quiz Answers , Binance Learn & Earn COTI Quiz Answers, Binance Learn and Earn COTI Quiz Answer , Binance Learn & Earn Quiz Answers in Binance Crypto App Now. How to Participate in COTI Learn & Earn Quiz Answers Program and Stand a Chance to Different types of Crypto Tokens Assured. Enter the lucky draw to win the prizes by answering all questions correctly. If you can Participate & Play On Binance Learn and Earn COTI Quiz Answers to Submit and Win Rewards & Duration Till: Limited Times Hurry Up!!!
COTI is a decentralized payment solution for fast and secure transactions with low fees. It uses Proof of Trust (PoT), a combination of DAG and PoW, to achieve consensus. Complete from 7th September 2002 At Till: 09:00 AM (UTC)
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|Quiz Name||Binance COTI (COTI) Quiz Answers|
|Number of Questions :||10 (Ten)|
|Date:||7th September 2022|
|Time||2022-09-07 09:00 (UTC)|
|Win Rewards||Crypto Token|
|Number of Winners :||1st come 1st serve|
|Quiz Link||Visit Here|
COTI is a layer-1 blockchain ecosystem designed for payments. Unlike traditional blockchains, COTI doesn’t rely on Proof of Work (PoW) or Proof of Stake (PoS) to validate transactions. It adopts a unique consensus algorithm called Proof of Trust (PoT), which combines directed acyclic graph (DAG) data structure with PoW. PoT can lower transaction costs and increase throughput to up to 100,000 TPS.
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Binance COTI Quiz Answers –
Q1. Select is the network(s) in which COTI operates:
Answer: All are correct
Q2. How does COTI keep ITS transaction fees low?
Answer: All are correct
Q3. What does COTI MultiDAG enable?
Answer: The ussuance of tokens on top of the trustchain protocol
Q4. The treasure distrubutes reward to COTI holders based on fees collected from:
Answer: All of COTI’s product, including treasury, COTI pay bussines, Djed, and more
Q5. Which type of consensus algorithm is used on the COTI network?
Answer: POT (proff of trust)
Q6. How can i earn rewards from the COTI ecosystem?
Answer: Deposit native COTI into the Treasury
Q7. COTI ia powering Djed, which is___ first algorithmic stablecoin
Q8. What is COTI?
Answer: A layer-1 blockchain Ecosystem designed for payments
Please Note: Do your research and recheck the all answers before submitting, these answers are for reference purposes only
How to Participate in the “Binance Learn & Earn COTI Quiz Answers” – Win Token Rewards (COTI)
1. First Of All, Visit The Link: Binance App / Web Site from Here:-
New Users: You Must use Binance Referral ID: 193714685 and Get an Extra Bonus of 40%
2. Now, Get Sign Up / Login into Your Binance Account
3. Then Visit the [Learn and Earn] landing page on Binance Academy.
Please note: that you need to complete Identity Verification/Full KYC for your Binance account to be eligible for the rewards.
4. Select a course and click [Start Course]. Follow the instructions to learn and complete the quiz. If you pass the quiz, you will be rewarded with a token voucher.
All the Binance COTI Learn and Earn Quiz Answers are Above this page!!!
5. To check rewards distribution, go to [Reward history]. Please note that rewards will be distributed in 48 hours if you pass the quiz and are qualified for this campaign.
6. To redeem the reward, go to [Account] – [Reward Center].
Please note that the token voucher is only valid for 14 days from the day of distribution. Please claim your tokens before the voucher expires. You can learn how to redeem a voucher here.
Am I eligible for the “Learn & Earn” rewards?
The Binance “Learn and Earn” rewards are for targeted Binance users only. New users need to complete Identity Verification first before they can earn “Learn & Earn” rewards.
All verified users must read the article, watch the video(s), and answer all questions inside the quiz correctly in order to earn the rewards. If you fail to complete the quiz, you are not qualified for any awards.
Please note that only specific Binance users are eligible to receive rewards for certain campaigns. Please refer to the activity page for details. Binance reserves the right for final reward distribution.
Terms and Conditions:
- Illegally bulk registered accounts and sub-accounts shall not be eligible to participate or receive any rewards.
- Rewards are limited and are available on a first-come, first-served basis. Users can only claim the reward for each course after completing the respective quiz.
- There will be caps imposed on the amount of rewards available to eligible users per country/region.
- Eligible users may complete multiple quizzes to claim multiple rewards. Users will not be able to participate in this activity once all rewards are distributed.
- The actual value of the reward received is subject to change due to market fluctuation.
- For Staking course only:
- BTTC rewards are only available to users who have never subscribed to Locked Staking products before the date stated on the announcement.
- Binance Staking will return staked digital assets/digital currencies to users’ Spot Wallets at the end of the agreed staking period. Users can view their Locked Staking assets by going to [Wallets] – [Earn] – [Locked Staking].
- For this activity, users may not redeem their staked digital assets/digital currencies in advance.
- For all remaining courses:
- Token voucher rewards will be distributed within 48 hours to qualified learners who pass the quiz. Users may check their rewards via [Account] – [Reward Center].
- Binance reserves the right to terminate the activity at any time without prior notice.
- Binance accounts can only be used by the account registrants. Binance reserves the right to suspend, freeze or cancel the use of Binance accounts by persons other than account registrants.
- Binance reserves the right of final interpretation of the activity. Binance reserves the right to change or modify these terms at its discretion at any time.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
1. First Of All, Download the Binance App
2. Login / Sign in to Your Account (KYC Mandatory)
3. Home Dashboard Section
4. Show Learn & Earn Quiz Banner
5. Click on this banner
5. you can participate and play this game
6. Slove Quiz Question & ANswers & Win Assured Rewards
7. Assured Rewards Crypto Tokens
COTI is a blockchain ecosystem that facilitates fast and secure transactions with low fees. It aims to revolutionize traditional finance by eliminating the intermediaries and empowering organizations to build their own payment solutions and digital currencies or stablecoins on top of the Trustchain protocol.
What is COTI?
COTI is a layer-1 fintech blockchain ecosystem specifically designed for payments. COTI is addressing the challenges of both centralized and decentralized finance (CeFi and DeFi) by introducing a new type of DAG-based protocol and infrastructure that is low-cost, fast, scalable, private, and inclusive. It uses Proof of Trust (PoT) – a combination of PoW and DAG – to achieve consensus.