Participating in the BSW promotion can help you get a lot of rewards. Here, we have the Binance Learn & Trade Biswap Quiz answers.
On the first day of April 2022, Binance launched the Learn & Trade Biswap (BSW) promotion. The activity involved has 4 promotions tagged A, B, and C.
Anyone going for Promotion A needs to have a net deposit of a minimum of 500 BSW or must have traded at least 700 BSW. Besides, it is highly essential that you have finished reading the BSW introduction article.
After this, you will be required to take the Binance Biswap quiz which will give you access to a share of $75,000 prize pool in BSW token vouchers. It has been stated that the rewards will be shared among participants while the total number of correct answers will play a big role.
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Promotion B players must trade at least 300 BSW, share the promotional poster, and submit the screenshot. This will grant you access to a share of $15,000 BSW token vouchers which will be shared equally.
In the case of promotion C, players must have traded at least 3,000 BSW to qualify. However, only 50 winners will be chosen and each will win a $200 BSW token voucher.
Below, we have provided questions from the Binance Learn & Trade Biswap quiz and their correct answers.
Binance Learn & Trade Biswap Quiz Questions and Their Correct Answers
Questions
Q1: The questions are the following;
Q2: What is the trade fee on Biswap?
Q3: What is the percentage of fee return you can expect on Biswap?
Q4: What is the max supply of BSW? What is the current BSW emission rate per block?
Q5: What is the maximum swap referral reward on Biswap?
Q6: Which NFTs can be staked in Biswap NFT staking pool?
Q7: Which tokens are distributed in the NFT staking pool on Biswap?
Q8: What is the trade fee on Biswap NFT Marketplace?
Q9: How is the trade fee on Biswap NFT Marketplace distributed?
Q10: And, Who was Biswap audited by?
Binance Learn & Trade Biswap Quiz Questions, Options and Correct Answers
Q1. What is the trade fee on Biswap?
Options:
- 0.15%
- 0.1% – Answer
- 0.2%
- 0.25%
Q2. What is the percentage of fee return you can expect on Biswap?
Options:
- Up to 80%
- Up to 50%
- Up to 90% – Answer
- Up to 100%
Q3. What is the max supply of BSW?
Options:
- 700 million – Answer
- 1 billion
- 800 million
- Unlimited supply
Q4. What is the current BSW emission rate per block?
Options:
- 20 BSW – Answer
- 30 BSW
- 28 BSW
- 26 BSW
Q5. What is the maximum swap referral reward on Biswap?
Options:
- 10%
- 15%
- 20% – Answer
- 25%
Q6. Which NFTs can be staked in Biswap NFT staking pool?
Options:
- Robbies NFTs – Answer
- Any NFT
- Squid NFT World NFTs
- Binance specific NFTs
Q7. Which tokens are distributed in the NFT staking pool on Biswap?
Options:
- BSW, WBNB, USDT & BFG – Answer
- BSW & WBNB
- BSW & USDT
- BSW, WBNB, USDT
Q8. What is the trade fee on Biswap NFT Marketplace?
Options:
- 0.1%
- 1% – Answer
- 0.5%
- 2%
Q9. How is the trade fee on Biswap NFT Marketplace distributed?
Options:
- Distributed equally between buyers and sellers in the form Robi boosts – Answer
- Distributed equally between buyers and sellers in the form of BSW
- 100% goes to seller in the form BSW
- 100% goes to buyer in the form BSW
Q10. Who was Biswap audited by?
Options:
- Certik – Answer
- Peckshield
- SlowMist
- Fairyproof
How the Binance Learn & Trade Biswap Quiz Reward is Calculated
The reward for a qualified user is the user’s correctly answered questions / Total number of correctly answered questions from all qualified users multiplied by $75,000 in BSW token vouchers for Promotion A.
Promotion B qualified users will share $15,000 in BSW Token Vouchers. While C players will get $200 BSW Token Vouchers each.
You can visit the announcement page on Binance to learn more.
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