Binance SKALE Quiz Answers (SKL) Learn & Earn Free $20 Crypto

Binance SKALE Quiz Answers – Binance SKL Quiz Answers , Binance Learn & Earn SKALE Quiz Answers, Binance Learn and Earn SKALE Quiz Answer , Binance Learn & Earn Quiz Answers in Binance Crypto App Now. How to Participate in SKALE 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 SKALE Quiz Answers to Submit and Win Rewards & Duration Till: Limited Times Hurry Up!!!

SKALE is a modular layer 1 and layer 2 hybrid network of scalable EVM-compatible blockchains. Users can benefit from its high throughput with zero gas fees. Complete from 30th November 2002 At Till: 09:00 AM (UTC)

How to Download Binanace App & Website Visit and then you are registering an account/log in to your account and please complete your full KYC Verified Account then you are eligible to participate in this Learn & Quiz program for All Binance Users, and assured rewards Binance rewards balance. It is a big reward don’t miss it!!!

How to Get Started with Binance “Learn & Earn” and you can read for Terms & Conditions. then you can be joining this contest and win rewards. all quiz answers have been added to this page, don’t worry you can simply play this game and win Binance crypto token balance.

What is Binance “Learn & Earn”? In light of the increased demand for blockchain knowledge, Binance is excited to announce its new education initiative: Binance Learn and Earn. Users can learn blockchain knowledge and complete quizzes for a chance to earn free crypto. Earn free crypto through learning Build your blockchain knowledge, complete quizzes, and earn free crypto.

Quiz Name	Binance SKALE (SKL) Quiz Answers
Number of Questions :	10 (Ten)
Date:	30th November 2022
Time	2022-011-30 09:00 (UTC)
Win Rewards	Crypto Token
Number of Winners :	1st come 1st serve
Quiz Link	Visit Here

SKALE is made up of a potentially unlimited number of blockchains, called SKALE Chains. It operates in an integrated manner with the Ethereum blockchain. Developers can take advantage of Ethereum’s security by migrating their DApps to their own SKALE chain to achieve high throughput with zero gas fees.

If you can visit the link & Direct to participate binance learn & earn quiz answers and win rewards for quiz start now!!!

Binance SKALE Quiz Answers –

Q1. How much are gas fees on the SKALE Network?

Ans: Zero

Q2. What type of blockchain is the SKALE Network?

Ans: Modular Layer1/Layer2 Hybrid

Q3. What types of decentralized applications run on SKALE?

Ans: All are correct

Q4. How does SKALE improve User Experience?

Ans: All are correct

Q5. The SKALE network supports thousands of independent blockchains, multi-chains, and storage chains with zero gas fees, faster commit times, and increased transaction throughput. True or False?

Ans: True

Q6. How does SKALE increase the supply of SKALE Chains?

Ans: Incentivizing SKALE chain creation through surge pricing

Q7. SKALE is Ethereum compatible.

Ans: True

Q8. How many Elastic Sidechains can be created in the SKALE ecosystem?

Ans: An unlimited amount

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Binance Learn And Earn Passive Income Quiz Answers

Q9. “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time.

Ans: Proof of Stake blockchain

Q10: With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false?

Ans: false

Q11: What can you NOT do on Binance Earn?

Ans: Conduct leveraged trading to amply the returns

Q12: Which of the following is a form of passive income?

Ans: Alice stakes her crypto holdings

Q13: What can you do with Binance Earn?

Ans: Select different products to grow your crypto holdings

Q14: What is NOT staking?

Ans: Generate returns by trading your coins

Q15: Once you subscribe to the Locked Staking, interests will be calculated from the following day, and are distributed to your Spot Wallet every day. True or false?

Ans: true

Q16: When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _.

Ans: spot wallet

Q17: Binance Locked Staking’s locking period for different products is the same. True or false?

Ans: false

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Please Note: Do your research and recheck the all answers before submitting, these answers are for reference purposes only

Another Binance Learn & Earn Quiz Answers:

• Binance Dogecoin Quiz Answers (DOGE) Learn & Earn
• Binance TrueFi Quiz Answers (TRU) Learn & Earn
• Binance Learn and Earn Lido Quiz Answers
• Binance Crypto Box Code Free Reward
• Binance SKALE Quiz Answers (SKL) Learn & Earn
• Binance Auto-Invest Quiz Answers

How to Participate in the “Binance Learn & Earn SKALE Quiz Answers” – Win Token Rewards (SKL)

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 SKALE 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.

You are not eligible for the rewards if your account does not comply with the Binance Terms of Use. We reserve the right to disqualify users deemed as wash trading or illegally bulk registered accounts, self-dealing or display attributes of market manipulation.

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.

FAQ:

What is SKALE?

SKALE is a modular layer 1 and layer 2 hybrid network made up of scalable, interconnected blockchains. It enables developers to migrate their projects from the Ethereum network onto one of the SKALE-administered blockchains to achieve high throughput with zero gas fees. 

Founded in 2018 by Jack O’Holleran and Stan Kladko, SKALE was designed to improve the overall user experience in the blockchain space. Its vision is to make blockchain applications fast, easy, and free for all users.

Through its Ethereum Virtual Machine (EVM)-compatible blockchains, SKALE creates a fast, gas-free ecosystem to support the development of NFTs, games, DApps, and more.

Introduction

Ever-increasing user and developer activity often pushes the speed and capacity limits of popular blockchains. At the same time, a frictionless user experience is vital for the blockchain community to create a Web3 integrated future. SKALE is one of the projects built to support the exponential growth of decentralized applications (DApps) on the Ethereum network. 

How does SKALE work?

SKALE operates in an integrated manner with Ethereum while running its own consensus mechanism. This design takes advantage of ETH’s proof-of-stake (PoS) network and combines it with SKALE’s to offer high-speed, secure, and zero gas fee transactions. It also benefits Web3 and DeFi applications in terms of cost and performance, contributing to Ethereum’s ability to scale for mass adoption.