binance leveraged token quiz answers
A link to a google form was sent into the chat for each question, so a total of 5 Google forms. Quiz Answers: Question: What is the total supply of SAND tokens? Answer: Stablecoin 4. Binance said in the announcement that the leveraged tokens were developed after careful consideration of its customers’ requests and evaluation of similar leverage products. You need to answer all questions correctly otherwise, you will receive nothing. • If a KYC-verified Binance account triggers internal risk control, we will not distribute tokens to that user even if that user fits all other requirements. Quiz Answers : Question 1 : What is the total supply of CKB tokens? Answer 1 : 30,871,315,121 Question 2 : What is the full name of the Layer 1 Blockchain of the Nervos Network? This is also known as rebalancing. Using Orchid you only pay for VPN service when you are using it. In my opinion, avoid buying Binance Leveraged Tokens at all costs. Here we explain how LTs conduct daily rebalancing: As prices increased by 5%, the value of its exposure increased by $15 million to $315 million. $160,000 worth of BAND tokens have been set aside for rewards, and that amount will be distributed after the eight-day quiz period comes to an end. Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. You will get 250 SAND tokens. Like other tokens, leveraged tokens can be traded on the spot market. At the end of the day, the LT must rebalance by purchasing an additional $30 million worth of exposure, increasing the total exposure to $345 million, or 3x of NAV, of BLVTs, which means users will be able to buy tokens at a. , and if the supply of tokens runs out, Binance will inject capital, create more tokens, and sell them on the open market. Question: What is the name of the Nervos Native Token? Binance Leveraged Tokens offer lower fees as compared to other existing leveraged tokens. An iteration on margin trading, a main difference is the lack of a need for collateral. Earn free 1INCH CKB GRT and SAND tokens from Coinmarketcap.com/earn/ quiz. Binance leveraged Tokens Quiz answers. We will continue evaluating coins, tokens and trading pairs to offer on Binance.US in accordance with our Digital Asset Risk Assessment Framework, … Leveraged Tokens (LT) simply eliminate the trade-off and allow users to gain leveraged exposure without worrying about liquidation risk and the nitty-gritty of managing a leveraged position. Once you pass the test, you'll have to read and agree to the Leveraged Tokens Risk Disclosure in order to start trading Leveraged Tokens. Each leveraged token represents a basket of perpetual contract positions. That`s why I provide to with the correct answers. 1. By being entirely predictable in rebalance, LTs are susceptible to front-running. The aim of the project is to solve what it considers to be one of the biggest problems facing the blockchain ecosystem — interoperability. The Nervos DAO acts as an… Answer: 3.000.000.000. In my opinion, avoid buying Binance Leveraged Tokens at all costs. Explore the Community. Visit the Blog. Before you're ready to start trading Binance Leveraged Tokens, you'll have to watch the Leveraged Token tutorial video to learn the basics and complete a quiz. Question: On which blockchain is The Sandbox ecosystem currently developed onto? You must have a SAND Token Wallet-Address, for that signup here: www.binance.com (Please use my Ref-Code: 38986459) 5. This means that ‘normal’ fluctuations in the market will not cause rebalances, and the token value will maintain its correlation with the value of its underlying asset. The Nervos Blockchain is purposefully built for optimal… Answer: Layer 2 development and scaling. Users have until Mar. The price of the tokens tracks the change in notional amount of the perpetual contract positions in the basket and changes in the multiples of leverage level.” That may sound very complicated, but put simply these Leverage Tokens are tokenized versions of leveraged … Binance made a splash recently by delisting all leveraged tokens linked to the FTX Exchange. Because quizzes are sometimes hard to answer, hints are always useful in such cases. Go to the Binance homepage and select "Derivatives" --> "Leveraged Tokens" to get to the Leveraged Tokens page. Answer: A project like BTCST is only possible on Binance Smart Chain. Make sure you transfer all of the answers correctly to the form. Hi IDRTers! Historically, LTs have a poor track record of generating long-term returns when compared to traditional margin-leveraged products. The CEO of Binance says the exchange had no choice but to delist FTX leveraged tokens because users didn’t understand how to trade them and failed to read the warning notices. Instead, BLVTs maintain a. trading interface and tracks the BTC perpetual contracts on Binance Futures. Join Binance.US Telegram group @Binance_USA; Join Enjin Telegram group @Enjin; Register your account between June 28th 9:00 AM EST and July 5th 9:00 AM EST Since the total exposure is now $315 million and its NAV is $115 million, and we can say that the total exposure and NAV are. In particular, users are not aware of how the ‘constant’ leverage of an LT impacts long-term returns, especially in markets where prices are consolidated for an extended period. Since the total exposure is now $315 million and its NAV is $115 million, the LT is no longer at 3x leverage and we can say that the total exposure and NAV are unbalanced to one another. Tokens will be automatically distributed to your wallet, when the quiz is… In my opinion, avoid buying Binance Leveraged Tokens at all costs. Tokens will be automatically distributed to your wallet, when the quiz is… Node providers stake tokens on the bandwidth market to advertise their service on blockchain. If I made a large order on spot, everything is groovy. Let’s take a look at the impact on the value of both securities. 3. Unlike conventional LTs, BLVTs do not maintain ‘constant’ leverage. Answer: open-source, permissionless, and Proof of Work secured. Now in Lesson 4, you will be asked to sign up at The Sandbox. Binance Leveraged Tokens offer lower fees as compared to other existing leveraged tokens. Binance Leverage Tokens (BLVTs) are designed to address the issues users faced when trading with traditional Leveraged Tokens. Let’s take an example to understand how constant leverage in a Leveraged Token works: Assume both the underlying asset and a 3x LT starts at an equal value of $100 each. You must have a GRAPH Token Wallet-Address, for that signup here: www.binance.com (Please use my Ref-Code: 38986459) 5. Redemption fees are charged when users choose to redeem tokens, which is currently set at 0.1% each redemption. 2. Answer: 265X! The greater the volatility and the longer the time horizon, the more detrimental the impact of volatility drag tends to be. Pagina italiana dedicata alle distribuzioni gratuite di criptomonete e token. Users have until Mar. Tokens will be automatically distributed to your wallet, when the quiz is over (approximately 2 weeks). Ardor -4.33%; Binance Chain 4.64%; BitShares 2.98%; EOS 20.71%; Ethereum 1.47%; ICON 10.93% Binance made its first acquisition in 2018 after it snapped up mobile wallet company Trust Wallet, for a mixture of cash, Binance stock, and a portion of its BNB token. Question: What is the main The Sandbox virtual world primary focus for users? The token is misleading, and there is no explanation or answer from Binance as to why this is happening. Binance Leveraged Tokens offer lower fees as compared to other existing leveraged tokens. In the screenshot below, you can see the maker and taker fee for spot trading. However, if users predict market moves correctly, they will generally make money by trading BLVTs. 5. Stand a chance to win a total reward of USD 1000 in IDRT by asking interesting questions and answer the questions on the third segment correctly!. Tokens will be automatically distributed to your wallet, when the quiz is… Let’s assume that the earlier example plays out over an extended period (365 trading days), where prices of the underlying remain flat and volatile in the range of +5%/-5%. Nervos Native Token can be used for… Answer: Store of Value 8. Answer 1 : 30,871,315,121 Question 2 : What is the full name of the Layer 1 Blockchain of the Nervos Network? 4. Fast and secure decentralized digital asset exchange, USDⓈ margined with no expiration and up to 125x leverage, Token margined with or without expiry dates and up to 125x leverage. Because quizzes are sometimes hard to answer, hints are always useful in such cases. This offers you a lot of great advantages like: ... StormGain is a cryptocurrency exchange and leveraged trading broker, with a built-in multi-currency wallet. I use binance, but haven't used the leveraged tokens. CoinMarketCap Offers $400,000. LTs increase or decrease their exposure in the underlying asset to achieve the target leverage for the day. This round will distribute tokens for The Sandbox, a Minecraft-like voxel game. BTCUP allows you to generate leveraged gains between 1.5 to 3x when Bitcoin goes up. High-frequency traders and arbitrageurs can predict the incoming trades, and profit by nibbling at the edges. Orchid is crypto powered VPN. Question: What is NOT one of the main utility token of The Sandbox ecosystem? Binance Leveraged Tokens offer lower fees as compared to other existing leveraged tokens. This is a great app with a revolutionary smart engine, connected to Binance, HitBTC, LMAX and Kraken exchanges. Question: What is the total supply of CKB tokens? Thus, it presents a trade-off between a user’s tolerance towards the risk of being liquidated vs. the outsized gains that one can make. CoinMarketCap Earn - Nervos Quiz & Answers This CoinMarketCap Earn campaign has a reward pool of 17,000,000 CKB tokens. Likewise, as the price of the underlying asset goes down, the LT will decrease its exposure in the underlying and rebalance to maintain its constant 3x leverage. Click "Start Quiz" to submit your answers. The tokens, which move in tandem with their respective peg (like ETH or EOS), were deemed too risky by Binance.The reason for the delisting was to ‘protect users,’ however, the move caused widespread outrage.. Other Exchanges See an Opportunity Go to the airdrop page and watch all the videos. 1. Question 1: Why Binance Chain? CoinMarketCap Earn, a program created to teach users about cryptocurrencies in exchange for crypto rewards, has launched their next Earn campaign … Users can only redeem 1.000 tokens per account, per day. BLVTs charge a low daily management fee of 0.01%, with an annualized rate of only 3.5%, whereas the daily management fee of other existing tokens is as high as 0.03%. I usually use a different exchange, but tried binance for a bit. On January 17, 2020, FTX Leveraged Tokens (BULL, BEAR, ETHBULL & ETHBEAR) were listed on Binance. Likewise, the LT goes down by 15%. Trading fees are charged when buying or selling tokens in the spot market, and the fee schedule is identical to spot trading. Unlike conventional LTs, BLVTs do not maintain ‘constant’ leverage. Currently, BLVTs are offered in two types: BTCUP and BTCDOWN. We would love to invite you to join our AMA Session at Binance English group with Jeth Soetoyo (founder and the CEO of Rupiah Token) to celebrate the listing of IDRT on Binance.com. in the range of +5%/-5%. The number of markets on offer at Binance is well above many other major crypto trading exchanges and this level of accessibility has certainly contributed to the exchanges success. CoinMarketCap has announced another Earn campaign, which allows investors to answer quiz questions and earn cryptocurrency. 1 Answers When the real leverage multiplier is close to 1.25x or 4x. Your account must be Binance KYC-verified before you complete the quiz, otherwise we cannot guarantee token distribution. This is devastating to users that bought and held the 3x LT, thinking that it is a perfect reflection of the underlying asset. Below, you’ll find the corresponding answers for the current campaign Nervos Network (CKB). It offers many viable alternatives for amplifying gains, putting less trading capital at risk, and even profiting with strong market momentum. The OTC order desk at FTX is powered by Alameda Research, the same company that helped to create the exchange. Click "Start Quiz" to submit your answers. CoinMarketCap has announced another Earn campaign, which allows investors to answer quiz questions and earn cryptocurrency. After the quiz is filled, CKB Tokens will be distributed automatically to your Binance wallet after the Quiz is over. Despite its flaws, LTs continues to attract great demand from users worldwide. Likewise, if prices go down, it will reduce positions. As a result, the LT will gain $15 million and its. Join other Binancians for discussions in our community. For that matter, For that matter, I prepared a list of questions with their corresponding which helps to succeed the quiz. And like I said earlier, Binance profits neatly off of it, while the customers take the hit (since Binance mints the tokens all starting at TEN dollars each, never to return anywhere near that value most of … Currently, BLVTs are offered in two types: BTCUP and BTCDOWN. You must have a SAND Token Wallet-Address, for that signup here: www.binance.com (Please use my Ref-Code: 38986459) 5. Binance Mobile Leverage tokens have lower fees than existing leverage tokens. See Open Positions. Help us to build more opportunities for financial freedom in the United States. Users of BLVTs may choose to exit their positions by selling the token into the Spot market or redeem them at the market value of its NAV. While LTs have gained popularity due to this innovative feature, they have been controversial and have caused confusion among users. 1 Answers The system maintains a target leverage range between 1.25x and 4x. 30 Mar 2020. 2 Questions It is always 4x. Enjoy increased leverage without risk of liquidation, Mine more rewards by connecting to the pool, Get an instant loan secured by crypto assets, Become a liquidity provider & earn double, Despite its flaws, LTs continues to attract great demand from users worldwide.