2023 – 2024 Coinbase Earn Quiz Questions Answers to Win Free Crypto
2023 – 2024 Coinbase Earn Quiz Questions Answers to Earn Free Crypto
This guide will provide you with all the answers to the Coinbase Earn Quiz Questions for 2023 – 2024
. If you don’t find the answer you are looking for, please feel free to get in touch and let us know. Good luck!
2023 Coinbase Earn Loopring (LRC) Quiz Answers
Here are the answers to the Loopring Token (Coinbase LRC) quiz:
- Question 1: What is Loopring?
- Answer 1: An Ethereum scaling protocol
- Question 2: What is NOT a benefit of using Loopring?
- Answer 2: Requires a traditional bank account
- Question 3: What is LRC?
- Answer 2: Loopring’s governance token
2023 Coinbase Earn Bounce (AUCTION) Quiz Answers
Here are the answers to the Bounce Token (Coinbase AUCTION) quiz:
- Question 1: What is Bounce?
- Answer 1: A decentralized auction protocol
- Question 2: How can you use Bounce?
- Answer 2: Create or participate in auctions
- Question 3: Where can you use the Bounce App?
- Answer 3: app.bounce.finance
2023 Coinbase Earn Cartesi (CTSI) Quiz Answers
Here are the answers to the Cartesi Token (Coinbase CTSI) quiz:
- Question 1: What does Cartesi Enable?
- Answer 1: For developers to use mainstream software to code smart contracts.
- Question 2: What’s Cartesi’s innovative scaling technique for blockchains called?
- Answer 2: Optimistic Rollups
- Question 3: How can CTSI holders stake?
- Answer 3: Delegating or running a node on Cartesi Explorer
2023 Coinbase Earn ANKR (ANKR) Quiz Answers
Here are the answers to the ANKR Token (Coinbase ANKR) quiz:
- Question 1: What does the Ankr platform NOT provide?
- Answer 1: Integration with traditional banks
- Question 2: What CAN’T you do with the ANKR token?
- Answer 2: Send wire transfers
- Question 3: What can Ankr users look forward to in the future?
- Answer 3: Earning rewards with advanced DeFi strategies
2023 Coinbase Earn Rally (RLY) Quiz Answers
Here are the answers to the Rally Token (Coinbase RLY) quiz:
- Question 1: What is Rally?
- Answer 1: A decentralized network for launching social tokens
- Question 2: Which one of these is not a use of RLY?
- Answer 2: Paying Ethereum Transaction fees
- Question 3: Which of these below is NOT how Val’s fans use ValCoin?
- Answer 3: Buying Bitcoin
2023 Coinbase Earn Fetch.ai (FET) Quiz Answers
Here are the answers to the Fetch.ai Token (Coinbase FET) quiz:
- Question 1: What can people create with Fetch.ai?
- Answer 1: Software agents that automate tasks
- Question 2: What’s one role of the FET token?
- Answer 2: To power Fetch.ai agents
- Question 3: What does Fetch.ai plan to support in the future?
- Answer 3: Automated interactions with industries like travel and healthcare
2023 Coinbase Earn Balancer (BAL) Quiz Answers
Here are the answers to the Balancer Token (Coinbase BAL) quiz:
- Question 1: What can you do with Balancer?
- Answer 1: Trade crypto and invest via Balancer pools
- Question 2:: What are Balancer pools?
- Answer 2: Self-balancing crypto portfolios
- Question 3: What is BAL?
- Answer 3: Balancer’s governance token
2023 Coinbase Earn Clover Finance (CLV) Quiz Answers
Here are the answers to the Clover Finance Token (Coinbase CLV) quiz:
- Question 1: What can developers build with clover finance?
- Answer 1: dApps with cross-chain compatibility
- Question 2: What can you use to interact with dApps?
- Answer 2: Clover finance wallet
- Question 3: Clover finance wants to increase the usefulness and accessibility of?
- Answer 3: DeFi
2023 Coinbase Earn The Graph (GRT) Quiz Answers
Here are the answers to the The Graph Token (Coinbase GRT) quiz:
- Question 1: What information is indexed by The Graph?
- Answer 1: Blockchain Data
- Question 2: What do you earn for delegating GRT to an Indexer?
- Answer 2: GRT tokens
- Question 3: Who identifies high-quality, useful data on The Graph?
- Answer 3: Curators
- Question 4: What’s the best way to earn GRT Rewards?
- Answer 4: Delegate GRT to a high-quality indexer
2023 Coinbase Earn BarnBridge (BOND) Quiz Answers
Here are the answers to the BarnBridge Token (Coinbase BOND) quiz:
- Question 1: What is BarnBridge?
- Answer 1: A DeFi risk management protocol
- Question 2: What is SMART Yield?
- Answer 2: An APY risk management tool
- Question 3: What is the $BOND token?
- Answer 3: BarnBridge’s governance token
2023 Coinbase Earn Amp (AMP) Quiz Answers
Here are the answers to the AMP Token (Coinbase AMP) quiz:
- Question 1: What is Amp?
- Answer 1: A collateral token
- Question 2: How is Amp used on Flexa today?
- Answer 2: Instant settlement assurance
- Question 3: What can you earn by staking Amp on Flexa?
- Answer 3: AMP rewards
2023 Coinbase Earn Polygon (MATIC) Quiz Answers
Here are the answers to the Polygon Token (Coinbase MATIC) quiz:
- Question 1: What blockchain is Polygon helping to scale?
- Answer 1: Ethereum
- Question 2: Who runs Polygon network?
- Answer 2: Polygon Validators
- Question 3: What is Polygon building?
- Answer 3: An internet of blockchains on Ethereum
2023 Coinbase Earn Skale (SKL) Quiz Answers
Here are the answers to the Skale Token (Coinbase SKL) quiz:
- Question 1: Who can deploy a blockchain with SKALE?
- Answer 1: Any Ethereum application
- Question 2: How can SKL holders receive rewards?
- Answer 2: Delegate SKL to a validator
- Question 3: The SKALE network is built to support
- Answer 3: An internet of blockchains
2023 Coinbase Earn Ampleforth (AMPL) Quiz Answers
Here are the answers to the Ampleforth Token (AMPL) quiz:
- Question 1: What are Ampleforth’s automatic supply changes called?
- Answer 1: Rebases
- Question 2: What two tokens give the community control over the Ampleforth protocol?
- Answer 2: AMPL and FORTH
- Question 3: Ampleforth is a censorship-resistant that rebases once a day.
- Answer 3: DeFi building block
2023 Coinbase Earn UMA (UMA) Quiz Answers
Here are the answers to the UMA Token (Coinbase UMA) quiz:
- Question 1: UMA lets developers create what type of financial product?
- Answer 1: Derivatives
- Question 2: Which network participants help UMA solve the oracle problem?
- Answer 2: Liquidators and disputers
- Question 3: Which of these can be used to create a derivative on UMA?
- Answer 3: All of these answers are correct!
2023 Coinbase Earn Stellar Quiz (XLM) Answers
Here are the answers to the Stellar Token (Coinbase XLM) quiz:
- Question 1: What is Stellar?
- Answer 1: A decentralized protocol that unites the world’s financial infrastructure
- Question 2: What are Stellar Lumens (XLM) used for?
- Answer 2: Facilitating low-cost, universal payments
- Question 3: Why is Stellar good for sending remittances?
- Answer 3: Transactions are fast, inexpensive, and global
- Question 4: Why would banks and businesses use Stellar?
- Answer 4: To issue, exchange, and transfer tokens quickly and efficiently
- Question 5: How does Stellar’s Consensus Protocol work?
- Answer 5: It relies on the cooperation of trusted nodes to confirm transactions
2023 Coinbase Earn Numeraire (NMR) Quiz Answers
Here are the answers to the Numeraire Token (Coinbase NMR) quiz:
- Question 1: Who submits predictions to Numerai?
- Answer 1: A global community of data scientists
- Question 2: Why do data scientists stake NMR tokens?
- Answer 2: To back up predictions and earn rewards
- Question 3: What do data scientists pay to obtain Numerai’s financial data?
- Answer 3: Nothing
2023 Coinbase Earn Celo (CELO) Quiz Answers
Here are the answers to the Celo Token (Coinbase CELO) quiz:
- Question 1: How does Celo give greater access to financial tools?
- Answer 1: By making crypto accessible on mobile phones
- Question 2: What are 3 things Celo is used for?
- Answer 2: Staking, governance, and stability
- Question 3: What’s one way to send a Celo Dollar?
- Answer 3: Using the Valora Mobile App
2023 Coinbase Earn Compound Finance (COMP) Quiz Answers
Here are the answers to the Compound Finance Token (Coinbase COMP) quiz:
- Question 1: What is a key benefit of using Compound?
- Answer 1: Earning Interest on your Crypto.
- Question 2: What do you need to do to borrow crypto with Compound?
- Answer 2: Supply a Crypto asset as collateral.
- Question 3: Who gets to decide the future of the Compound protocol?
- Answer 3: COMP token holders
2023 Coinbase Earn NuCypher (NU) Quiz Answers
Here are the answers to the NuCypher Token (Coinbase NU) quiz:
- Question 1: What does NuCypher provide to users and apps?
- Answer 2: End-to-end encryption
- Question 2: What does NuCypher use to protect your data?
- Answer 2: Independent nodes to perform tasks
- Question 3: Which of these is NOT a use of the NU token?
- Answer 3: Paying Ethereum transaction fees
2023 Coinbase Earn Enzyme (MLN) Quiz Answers
Here are the answers to the Enzyme Token (Coinbase MLN) quiz:
- Question 1: What can investors do with Enzyme?
- Answer 1: Manage and automate their crypto investing
- Question 2: What CAN’T you do with an Enzyme vault?
- Answer 2: Invest in stocks, real estate, and commodities
- Question 3: Vault fees on Enzyme must be paid in what asset?
- Answer 3: MLN
2023 Coinbase Earn IoTeX (IOTX) Quiz Answers
Here are the answers to the IoTeX Token (Coinbase IOTX) quiz:
- Question 1: About how many smart devices are active today?
- Answer 1: 35 billion
- Question 2: How can you earn crypto with IoTeX?
- Answer 2: Generating data with smart devices
- Question 3: What devices does IoTeX offer for sale?
- Answer 3: UCam security camera and Pebble data tracker
2023 Coinbase Earn USD Coin (USDC) Quiz Answers
Here are the answers to the USD Coin Token (Coinbase USDC) quiz:
- Question 1: Which is not a requirement for a strong password?
- Answer 1: Memorable (easy to remember)
- Question 2: Which is not a form of 2-step verification?
- Answer 2: 1Password
- Question 3: Which of the following should you never share?
- Answer 3: Your seed phrase
- Question 4: Which checks should you perform periodically to keep your account secure?
- Answer 4: Check devices with access to your account
2023 Coinbase Earn JasmyCoin (JASMY) Quiz Answers
Here are the answers to the JasmyCoin Token (JASMY) quiz:
- Question 1: What is the Jasmy token used for?
- Answer 1: To access datasets on the Jasmy marketplace
- Question 2: What does the Jasmy platform allow users to do?
- Answer 2: Protect and take ownership of their data.
- Question 3: Which region does Jasmy currently focus on?
- Answer 3: Asia
2023 Coinbase Earn Cryptex Finance (CTX) Quiz Answers
Here are the answers to the Cryptex Finance Token (Coinbase CTX) quiz:
- Question 1: What is Cryptex Finance?
- Answer 1: A DAO providing decentralized products for crypto users
- Question 2:What is the CTX token?
Answer 2: An ERC-20 governance token that powers and secures the cryptex protocol - Question 3: What is the future of cryptex?
- Answer 3: A complete lineup of fully decentralized Cryptex tokens all governed by CTX
2023 Coinbase Earn Quant (QNT) Quiz Answers
Here are the answers to the Quant Token (Coinbase QNT) quiz:
- Question 1: What is the name of Quant’s integration framework?
- Answer 1: Overledger OS
- Question 2: What does OVN stand for?
- Answer 2: Overledger Network
- Question 3: Wheat does OVN do?
- Answer 3: All of the above
2023 Coinbase Earn iExec (RLC) Quiz Answers
Here are the answers to the iExec Token (Coinbase RLC) quiz:
- Question 1: What are the main benefits of iExec’s marketplace?
- Answer 1: All of the above
- Question 2: What is the RLC token used for?
- Answer 2: All of the above
- Question 3: What is the oracle factory?
- Answer 3: A tool to facilitate the creation of oracles
2023 Coinbase Earn Render (RNDR) Quiz Answers
Here are the answers to the Render Token (Coinbase RNDR) quiz:
- Question 1: What is the Render Network?
- Answer 1: A decentralized GPU rendering marketplace
- Question 2: How do users earn RNDR?
- Answer 2: Rendering 3D artwork
- Question 3: What is next on the Render network’s product roadmap?
- Answer 3: Monetization of 3D objects and environments
2023 Coinbase Earn Project Galaxy (GAL) Quiz Answers
Here are the answers to the Project Galaxy Token (Coinbase GAL) quiz:
- Question 1: Which of the following can developers NOT use open credential data for?
- Answer 1: Buying and selling NFTs.
- Question 2: Who does Project Galaxy think should control credential data?
- Answer 2: The Community
- Question 3: What is NOT a possible use of the GAL token?
- Answer 3: Staking
2023 Coinbase Earn NEAR (NEAR) Quiz Answers
Here are the answers to the NEAR Token (Coinbase NEAR) quiz:
- Question 1: What is NEAR?
- Answer 1: A simple, fast, secure, and climate-neutral blockchain.
- Question 2: What can the NEAR token be used for?
- Answer 2: To interact with apps and participate in governance on NEAR.
- Question 3: What format does NEAR use for wallet addresses?
- Answer 3: Natural language like “dave.near”
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