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BINANCE GRAPH QUIZ ANSWERS
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Binance Learn and Earn Answers: Binance Graph Quiz Answers

by cryptocreed
written by cryptocreed

Binance has just launched another Learn and Earn campaign and this time they launched it for the Graph project. This is the second project for this month.

You are going to earn The Graph tokens by joining the Binance Graph quiz learn and earn program. Before we start checking the answer let’s understand a bit about the The Graph project first.

If you do not have an account on Binance then create one using our link to save 40% on transaction fees. For a better experience download the Binance app.

What Is The Graph?

The Graph token was launched in Dec 2020 and currently falls in the top 100 coins according to Coin Market Cap. The current price per token is $0.063 with the last 24-hour trading volume of $17,430,109 and the total market cap is $440,403,979.

It is an indexing protocol for querying data for networks like Ethereum and IPFS. Anyone can build and publish open APIs that are called subgraphs and applications can query using GraphQL to retrieve blockchain data.

Things To Remember While Taking The Binance Graph Quiz

  1. Learn and Earn page can be accessed here “https://academy.binance.com/en/learn-and-earn”.
  2. Login to check if you are eligible or not.
  3. Try to use a mobile device.
  4. Questions will be not in the same format for everyone.
  5. Rewards will get credited to your account within 48 hours.
Total reward: 7.2 GRT tokens worth around $2. Rewards will go in locked staking for 150 days, you will get 10% APR back.
Start & End Date: NA
What to do: Watch a video for a few minutes and answer 12 questions.

Must Read: PHEMEX LEARN & EARN: WHAT ARE CRYPTO DERIVATIVES (PERPETUAL CONTRACTS)

Must Read: Ripple Paper Wallet

Also Check: Best TON COIN Wallet

The Graph Binance Quiz Answers (Binance Graph Quiz Answers)

Binance Graph GRT Quiz Answer

Q1. What is The Graph protocol?

Answer: A protocol for accessing, organizing, and querying blockchain data

Q2. Who are the key participants in The Graph ecosystem?

Answer: Indexers, Curators, and Delegators

Q3. How does The Graph address the issue of accessing blockchain data?

Answer: Through its decentralized architecture and indexing capabilities

Q4. How does GRT contribute to the network?

Answer: By incentivizing participants and paying for queries

Also Read: Binance DOCK Answers

Also Read: List of USDT Wallets

Also Read: Best USTC Wallets

Q5. What are subgraphs in The Graph?

Answer: Open APIs that map and organize data from different blockchain networks

Q6. What is the role of Delegators in The Graph protocol?

Answer: To secure the network and expand Indexer operations

Q7. What do Delegators do in The Graph ecosystem?

Answer: Delegate their GRT to trusted Indexers and earn rewards

Q8. How does delegation contribute to The Graph’s ecosystem?

Answer: By allowing non-technical individuals to participate and earn rewards

Q9. How does The Graph transform our interaction with the decentralized web?

Answer: By making blockchain data more organized, efficient, and reliable

Q10. How does The Graph contribute to a more transparent and efficient data marketplace?

Answer: By organizing and making blockchain data accessible

Q11. How does The Graph improve the accessibility of blockchain data?

Answer: By deploying open APIs, called subgraphs

Q12. Which role in The Graph protocol ensures data availability and reliability?

Answer: Indexers

The above Binance Graph Answers are shared for informational purposes only. If you found this Binance Graph Answers useful then do not forget to share it with others.

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Best Ways To Profit From The Cryptocurrency
BountyCryptocurrency

Best Ways To Profit From The Cryptocurrency In 2023

by cryptocreed
written by cryptocreed

Dreaming of getting rich with cryptocurrency? As the number of crypto scams increases, many individuals get discouraged, while others fall victim to one. There are many suitable ways to make money with cryptocurrencies, not just the most apparent one of trading. Because of this, we set out to research legitimate cryptocurrency income streams; we discovered several, but you’ll find them all quite compelling. Let’s explore tried-and-true strategies to cash in on the cryptocurrency.

Ways To Make Money With Cryptocurrency

Here are some excellent ways you can use it to earn a handsome income with cryptocurrency. 

Putting Money In The Market

Buying and keeping cryptocurrency for a lengthy period is the investment strategy. A buy-and-hold approach works effectively with most crypto assets. They have huge development potential in the long run but are very volatile in the near term. As part of your investment plan, you should seek assets with greater stability and longevity. Bitcoin and Ethereum, among other assets, are reliable investments due to their history of price appreciation over the long term.

The Adage To “Buy and HODL”

Many people put their money into cryptocurrencies like Bitcoin, Litecoin, Ethereum, Ripple, and others in the hopes that their value would increase. They make a profit by selling after their market value has increased. Cryptocurrencies like Bitcoin and Ethereum have historically fluctuated in value regularly, making them a reliable investment option. You are free to buy and sell any item you think will appreciate; you should just conduct your research beforehand.

There are hundreds of minor cryptocurrencies with respectable price swings; you should diversify your holdings to include all coins with potential value, not simply those that are now trading at a premium.

Playing Play-to-Earn Games  

When thinking about how to make money in crypto on a tight budget, many people turn to play-to-earn games. The cryptocurrency market is moving quickly to implement this concept due to the many benefits it offers over the current state of the gaming business. For example, play-to-win games are often created on the blockchain. 

Smart contracts promote fairness and openness in online gambling. In addition, each in-game asset, such as a weapon or armor set, will be represented by its own unique NFT on the blockchain. The player will then be the only and absolute owner of the digital good, making it completely portable across accounts. Moreover, and most importantly, participants in play-to-earn games have a chance to win rewards.

Staking

The term “staking” refers to the practice of agreeing to leave cryptocurrency stored on an exchange or in a staking pool for a certain amount of time. You may earn more cryptocurrency by holding onto it since doing so supports the maintenance of the blockchain.

By staking your cryptocurrency, you may earn interest or dividends at a high rate, which can be used to increase your holdings. On the other hand, locking your cryptocurrency on the blockchain usually requires a time commitment, and storing it on an exchange comes with its own set of hazards. 

Trading

Trading seeks to take advantage of short-term opportunities, while investing is done so with an eye on the long term using a buy-and-hold approach. The crypto market is quite unstable. This implies that asset values are subject to wild swings in the near term. You need strong intellectual and technical abilities to succeed as a trader. To confidently forecast price rises and declines, you’ll need to study market charts showing the performance of the listed assets. However, you can use an auto trading bot like Bitcoin Billionaire to stay informed about price movements and other things. A trader’s decision on an asset depends on his or her expectation for the asset’s price movement. This implies you may earn money in both bull and downturn markets for cryptocurrencies. 

Yield-Farming

You may make money just like a bank by taking part in the lending process on the decentralized finance (DeFi) networks. In this setting, users link their cryptocurrency wallets and contribute money or tokens to a communal pool. This fund is then utilized to make interest and fee-based loans to others. Users are occasionally compensated with interest on the funds they stake or keep in their accounts, or outright cash payments for their participation in the lending process. Profitability in cryptocurrency lending is determined by three variables: the length of the loan, the principal loan amount, and the interest rate.

Forks and Airdrops

Free tokens and airdrops are used to increase exposure. An airdrop is a method used by certain cryptocurrency exchanges to rapidly grow their user base. Participating in an airdrop may earn you free cryptocurrency, which you can spend, invest, or trade as you see fit.

A blockchain may fork, leading to the emergence of new currencies, when a protocol is upgraded or modified. Tokens on the new network are often given out for free to anyone who possesses currencies on the old chain. You got a free coin because you happened to be at the right place at the right moment.

Mining

Blockchain is the technology that underpins crypto money, and it requires a large number of computers to operate in tandem to produce a reliable chain. Proof-of-work (PoW) is an algorithm that forms the backbone of several of the most prominent cryptocurrencies, including Bitcoin and Litecoin. With proof-of-work, “miners” from all around the globe compete to decrypt a block’s worth of data. The winner receives a cryptocurrency prize.

You may join a mining pool and convert your spare PC into a miner. This often calls for a graphics processing unit (GPU), some familiarity with computers and programming, and the ability to link a client application to a hosted one.

Summary

The possibility of diversifying your assets and profits via passive income through crypto is appealing. If you’re looking for a higher rate of return than what you’d get at a bank, the cryptocurrency market may seem quite enticing. If you time it right and the value of your cryptocurrency investment rises, you may profit from both interest and capital appreciation.

But there’s also a big chance of losing money, and many investors have already tasted the sting of a cryptocurrency company going bankrupt or seeing their crypto holdings lose value. If you want to diversify your portfolio with crypto income investments, you should do so according to your own level of risk tolerance and investment objectives, and after consulting with a reliable financial expert.

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AirdropsBountyCryptocurrencyFree Money

Coinbase Learn & Earn Quiz Answers: All Coins Answers Till December 2024

by cryptocreed
written by cryptocreed

Obviously, you are here to get Coinbase Earn Quiz answers. Coinbase is one of the trusted exchanges but it also gives free cryptocurrencies to their users for learning.

Yes, it pays to increase your crypto knowledge. It comes with new coins frequently which allows you to earn different coins within a minute.

Not everyone here wants to read or watch videos related to those coins hence you are here for answers.

You may know what is Coinbase Earn, definitely, you know that’s why you are here.

As of now, you can easily earn around $19 in different coins by just answering some simple questions. It doesn’t matter if it is hard too as you have answers now.

Join Coinbase

 

Without wasting time let’s check out the answers.

The Graph Coinbase Quiz Answers

By participating in The Graph Coinbase quiz you can earn $4.

1. What information is indexed by The Graph?

Answer: Blockchain Data

2. What do you earn for delegating GRT to an Indexer?

Answer: GRT Tokens

3. Who identifies high quality, useful data on The Graph?

Answer: Curators

4. What’s the best way to earn GRT rewards?

Answer: Delegate to a high quality Indexer

Also Read: Kucoin Arbitrage BOT

Stellar Lumens Coinbase Earn Quiz Answers

By answering this Stellar quiz you will earn $10 in XLM.

1. What is Stellar?

Answer: A decentralized protocol that unites the world’s financial infrastructure.

2. What are Stellar Lumens (XLM)?

Answer: Facilitating low-cost, universal payments.

3. Why is Stellar good for sending remittances?

Answer: Transactions are fast, inexpensive, and global.

4. Why would banks and businesses use Stellar?

Answer: To issue, exchange, and transfer tokens quickly and efficiently

5. How does Stellar’s Consensus Protocol work?

Answer: It relies on the cooperation of trusted nodes to confirm transactions.

Also Read: Kucoin Referral Code To Claim 40% Trade Discount & $50 Bonus From Us

Ampleforth Coinbase Answers

These three answers can earn you $3 easily within a few seconds.

1. What are Ampleforth’s automatic supply changes called?

Answer: Rebase

2. What two tokens give the community control over the Ampleforth protocol?

Answer: AMPL and FORTH

3. Ampleforth is a censorship resistant _____ that rebases once a day?

Answer: DeFi building block

Also Read: Binance Mining Pool Review

Compound Quiz Answers

Want to earn free cryptocurrency COMP? Answer these questions on Coinbase and get $9 in COMP.

1. What is a key benefit of using Compound?

Answer: Earning interest on your crypto

2. What do you need to do to borrow crypto with Compound?

Answer: Supply a crypto asset as collateral

3. Who gets to decide the future of the Compound Protocol?

Answer: COMP token holders

Also Read: Binance Referral Coupon Code To Claim 100% Ref back

Band Protocol Coinbase Answers

One of the highest paying Coinbase earn quiz programs, you will earn $43 in BAND tokens for answering three questions.

1. What does Band bring to blockchains?

Answer: Real-world data

2. What are Band’s decentralized data feeds called?

Answer: Oracles

3. What’s one benefit of staking your Band tokens?

Answer: Earn crypto rewards

Polygon (MATIC) Coinbase Earn Quiz Answers

Polygon Coinbase learns and earns answers that can help you to get free $3 in Polygon token.

1. What blockchain is Polygon helping to scale?

Answer: Ethereum

2. Who runs the Polygon network?

Answer: Validators

3. What is Polygon building?

Answer: Internet of blockchain on Ethereum

Coinbase SKALE Quiz Answers

1. Who can deploy a blockchain with SKALE?

Answer: Any Ethereum application

2. How can SKL holders receive rewards?

Answer: Delegate SKL to a validator

3. The SKALE network is built to support …?

Answer: An internet of blockchains

Answer the above questions on Coinbase and earn $3 in SKALE tokens.

ANKR Coinbase Quiz Answers

Want to earn free ANKR tokens? Earn free $4 in ANKR tokens by answering on Coinbase.

1. What does the ANKR platform NOT provide?

Answer: Integration with traditional banks

2. What CAN’T you do with the ANKR token?

Answer: Send wire transfers

3. What can ANKR users look forward to in the future?

Answer: Earning rewards with advanced Defi strategies

Answer the above questions on Coinbase and earn $3 in SKALE tokens.

AMP Coinbase Quiz Answers

Answer three questions and get $3 in AMP tokens on Coinbase.

1. What is AMP?

Answer: A collateral token

2. What does AMP provide

Answer: Instant settlement assurance

3. What can you earn

Answer: AMP rewards

Balancer (BAL) Quiz Answers

$3 in BAL tokens.

1. What can you do with Balancer?

Answer: Trade crypto and invest via Balancer pools

2. What are Balancer pools?

Answer: Self balancing crypto portfolios

3. What is BAL

Answer: Balancer’s governance token

BarnBridge Coinbase Earn Quiz Answers

These three answers can lead you to $3 in BOND.

1. What is BarnBridge?

Answer: A De-Fi risk management protocol

2. What is SMART Yield?

Answer: An APY risk management tool

3. What is the $BOND token?

Answer: BarnBridge’s Governance Token

Enzyme (MLN) Coinbase Quiz Answers

There are three questions for which you can earn $3.

Answer 1. Manage and automate their crypto investing

Answer 2. Invest in stocks, real estate, and commodities

Answer 3. MLN

Bounce Token Coinbase Answers

Bounce has a token and its name is AUCTION which you can earn for free on Coinbase. The reward is $3.

1. What is Bounce?

Answer: A decentralized auction protocol

2. How can you use Bounce?

Answer: Create or participate in auctions

3. Where can you use the Bounce app?

Answer: Use at  app.bounce.finance

Cartesi (CTSI) Coinbase Earn Quiz Answers

Earn $3 in Cartesi (CTSI) tokens.

Answer 1.) For developers to use mainstream software to code smart contracts
Answer 2.) Optimistic Rollups
Answer 3.) Delegating or running a node on Cartesi Explorer

Coinbase Rally Quiz Answers

Earn $3 in RLY tokens

1. What is Rally?

Answer: A decentralized network for launching social tokens

2. Which of these is not a use of RLY?

Answer: Paying Ethereum transaction fees

3. Which of the below is not how Val’s fans use Valcoin?

Answer: Buying Bitcoin

Coinbase Clover Finance Quiz Answers

Answer 1.) dApps with cross-chain compatibility
Answer 2.) Clover Finance Wallet.
Answer 3.) DeFi

Fetch.AI Coinbase Answers

Earn $3 in FET tokens directly to your Coinbase wallet.

1. What is Rally?

Answer: A decentralized network for launching social tokens

2. Which of these is not a use of RLY?

Answer: Paying Ethereum transaction fees

3. Which of the below is not how Val’s fans use Valcoin?

Answer: Buying Bitcoin

NKN Coinbase Answers

Reward: $3 in NKN Token

1. What is NKN?

Answer: Decentralized network

2. How can you use NKN token?

Answer: Pay for data transfer

3. How big is the NKN network?

Answer: 100k validators

Chiliz Coinbase Answers

Reward: $3 in NKN Token

1. Chiliz is a blockchain built for

Answer: Sports and entertainment

2. What is the main utility of the CHZ token?

Answer: Participating in Fan Token Offerings

3. Through their expansion, Chiliz plans to launch new Fan Tokens in

Answer: USA

NuCypher Coinbase Quiz Answers

Wants to earn free NU tokens? Submit these answers to the Coinbase quiz and earn $3.

1. What does NuCypher provide to users and apps?

Answer: End-to-end encryption

2. What does NuCypher use to protect your data

Answer: Independent nodes to perform tasks

3. Which of these is NOT a use of the NU token?

Answer: Paying Ethereum transaction fees

Numeraire Quiz Answers

Wants to earn free NU tokens? Submit these answers to the Coinbase quiz and earn $3.

1. Who submits predictions to Numeraire?

Answer: A global community of scientists

2. Why do data scientists stake NMR tokens?

Answer: To back up predictions and earn bitcoin

3. What do data scientists pay to obtain Numerai’s financial data?

Answer: Nothing

Numeraire Quiz Answers

Wants to earn free NU tokens? Submit these answers to the Coinbase quiz and earn $3.

1. Who submits predictions to Numeraire?

Answer: A global community of scientists

2. Why do data scientists stake NMR tokens?

Answer: To back up predictions and earn bitcoin

3. What do data scientists pay to obtain Numerai’s financial data?

Answer: Nothing

Loopring Quiz Answers

Lowest paying program on the Coinbase quiz but worth it. You can earn $1.5 in LRC tokens.

1. What is Loopring?

Answer: An Ethereum scaling protocol

2. What is not a benefit of using Loopring?

Answer: Requires a traditional bank account

3. What is LRC?

Answer: Loopring’s governance token

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