Do you aspire to stay ahead in the world of crypto and have impressive knowledge about it? Well, Binance is dedicated to educating its users about the world of cryptocurrency. To fulfill this purpose, it keeps on introducing various intriguing quizzes from time to time. Users attempt these quizzes to enhance their knowledge about cryptocurrency and more. In this article, we bring you answers to one such quiz. Woo Quiz Answers alltricks.me presents the answers to the famous Woo quiz on Binance. If you are also a crypto enthusiast, then you should attempt such quizzes from time to time to keep yourself updated about the world of cryptocurrency.
The Challenge for Crypto Enthusiasts
Table of Contents
Binance keeps on bringing interesting and intriguing quizzes for its users from time to time. Quizzes are a great way to test one’s knowledge and update someone about the world of cryptocurrency. It keeps on changing from time to time and the trick to staying ahead of competition in such a market is to keep yourself updated about the changes happening in it.
Woo Quiz presents one such challenge to its users in the form of a quiz. The quiz covers almost all things related to cryptocurrency. If you are able to score well on these quizzes, then this signifies that your crypto knowledge is up to the mark.
Woo Quiz Answers Alltricks.me
In this section, we will provide you with all the answers to the questions presented in the WOO Quiz by Binance. You may refer to this in case of any confusion or doubt.
1. What share of WOO Network’s revenue contributes to the monthly buyback and burn?
Answer: The share of WOO Network’s revenue that contributes to the monthly buyback and burn is 50%.
2. What is WOO Network’s centralized exchange called?
Answer: It’s called WOO X.
3. How much does Kronos Research trade each day?
Answer: Kronos Research trades at more than $1 Billion each day.
4. What network did WOOFi first launch on?
Answer: It was first launched on BNB Chain.
5. Who all are benefitted from WOO Network Services?
Answer: These services are beneficial to a large group of people that includes traders, and those looking for crypto rewards.
6. WOO Network was selected as a judge in BNB Chain’s Most Valuable Builder Program. Is it true or false?
Answer: It’s False.
7. Who invested in WOO Network’s Series A+ fundraising round in 2021?
Answer: The prominent investors were Binance Labs.
8. Which ecosystem(s) are partnered with WOO DAO?
Answer: Binance is the most prominent ecosystem.
9. WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. Is it true or false?
Answer: It’s True
10. Who benefits from WOO Network’s liquidity?
Answer: All are correct
11.WOOFi is an all-in-one dApp. Is it true or false?
Answer: It’s True.
12. What is WOOFi’s swap fee?
Answer: 0.025%
13. How quickly can WOOFi cross-chain swaps be completed?
Answer: It takes at least 30 seconds for WOOFi cross-chain swaps to complete.
14. Which of these are features of WOOFi Supercharger vaults?
Answer: All are correct
15. How many chains is WOOFi integrated with?
Answer: It is integrated with four chains.
16.WOOFi DEX has a customizable UI and visible order book. Is it true or false?
Answer: It’s True
17. Which network is WOOFi DEX built upon?
Answer: It’s built upon a network named NEAR.
How do Quizzes Help in Developing Knowledge?
Quizzes are a great tool when it comes to developing knowledge about some field. Quizzes offer you relevant questions and are linked with important knowledge about some field. If you want to gain knowledge about some unknown field or something unknown, quizzes are a great way to learn about them.
How to Earn with WOO Quiz?
Quizzes such as WOO come under Binance’s Learn and Earn program. This program is dedicated to educating its users about the world of cryptocurrency. Binance runs this program to attract more and more people to learn about cryptocurrency.
Under this program, Binance offers various courses that contain video lectures. Once these video lectures are completed, users have to take a quiz that tests their knowledge. If they succeed in these quizzes, then Binance offers them a definite amount of cryptocurrency as a reward.
Success Stories and Strategies
On alltricks.me, you may find the user’s success story of those who have attempted Binance’s quizzes. They can serve as a motivation for you and may also provide you encouragement for attempting these quizzes.
In the strategy section, we will discuss the steps you should take and things you should be careful about if you are looking to succeed in these quizzes.
- The questions revolve mainly around current things going on in the crypto market and their impact on the near future.
- Questions will be about various programs by Binance and where they have invested.
- Read articles that have mentioned Woo Quiz Answers alltricks.me to prepare yourself better before the actual quiz.
Conclusion
Hence, before attempting the actual quiz you should be updated about the world of crypto and the current things going on in it. Also, update your knowledge about Binance. If you find the quiz challenge easy and want to explore more, then you should hit the Advanced section of the quiz that tests your knowledge of crypto-related affairs to the next level.
We hope that you found this guide helpful. For more such knowledge related to the world of crypto, do visit our page.
