How To Participate In Binance Learn and Trade Campaign ?
1) Signup or login to your Binance account >> ENTER HERE
2) Must complete your KYC verification which is mandatory for collecting rewards.
3) Accumulate a total trading volume of at least 580 RUNE across the eligible spot trading pairs (buys & sells).* Eligible RUNE spot trading pairs – RUNE/USDT, RUNE/BUSD, RUNE/BNB, RUNE/ETH, RUNE/BTC.
5) Qualified users will share a $100,000 prize pool in $RUNE token vouchers. Activity period – 28th June 2022, 08:00 AM to 7th July 2022, 11:59 PM (UTC).
Binance RUNE Quiz All Answers
Q1) In what year was THORChain conceptualized?
Q2) How does THORChain maintain correct prices within its liquidity pools?
Answer: Arbitrage traders looking for assets that are mispriced between markets to make profits from the price differences
Q3) Liquidity providers enjoy impermanent loss (IL) protection of up to 100% after they have been in the pool for 100 days
Q4) Who can add liquidity to an existing pool?
Q5) What assets can you swap in THORChain
Answer: Native L1 Assets
POSI Learn to Earn Quiz Answers
Question 1 – What are the characteristics of the Position Exchange Perpetual Trading Protocol?
Ans: Based on an underlying Index Price
Question 2 – Choose all trading pairs currently supported in Position Exchange.
Question 3 – What is the highest leverage of the Position Exchange Perpetual Trading Protocol?
Question 4 – What are the advantages of a Stop-loss order?
Ans: Don’t need to monitor your holdings daily
Question 5 – What types of orders are available on Position Exchange Perpetual Trading Protocol?
Ans: Market order