** SHIBA Answer 👇

1) Using BNB to pay for trading fees will grant users a discount. (True or false?）
Answer :- true

2) What are the essential steps to get started with Spot trading?
Answer :- Select All Answer

3) Binance Flexible Savings cannot be subscribed to and redeemed at any time. (True or false?）
Answer :- False

4) What is the trading fee when I use Binance Convert to buy crypto?
Answer :- 0%

5) I don’t need to complete KYC to buy cryptocurrency. (True or false?）
Answer :- False

6) A market order is a type of order to buy or sell a security at a specified price or better. (True or false?）
Answer :- False

Binance Terra (LUNA) Quiz Answers Today

Q1. What US dollar amount of LUNA can you convert one TerraUSD into?
Answer: $1

Q2. Terra stablecoins are overcollateralized. True or false?
Answer: False

Q3. Which of the following fiat currencies have stablecoin versions on Terra?
Answer: All of the above

Q4. Where can you stake LUNA to take part in Terra governance?
Answer: Terra Station

Q5. For its consensus mechanism, Terra uses:
Answer: Delegated Proof of Stake

Q6. Terra is based in Mongolia. True or false?
Answer: False

Q7. Anchor Protocol allows users to borrow crypto through:
Answer: Over-collateralization

Q8. You can earn ANC on Anchor Protocol by:
Answer: Staking certain LP Tokens, Staking ANC, Borrowing stablecoins

Q9. Terra was created using:
Answer: Cosmos SDK

👉3rd :- SAAM 7:30 PM