Margin trading accounts are better than regular trading accounts because they let traders use more money and have more freedom when they make trades. This can help them do bigger trades and have more options.

Margin trading makes it possible for traders to make even more money on trades that go well, leading to larger profits overall.

People really like using margin trading when the markets are not changing too much, like in the global Forex market. It helps them make more money from their trades. But margin trading is also used in stock, commodity, and cryptocurrency markets.

In today’s article, we’re not focusing on learning about margin trading. Instead, we want to look at how to start margin trading without having to answer the quiz questions.

If you are new to margin trading, maybe you can start with futures trading. Here is another article that talks about Binance futures trading quiz answers and the fee discount process of 10%.

Let’s check how to start

Binance Margin Quiz Answers October 2023

How to Create a Binance Margin Trading Account?

1)

First of all, create an account on Binance.com and complete KYC verification (Skip this if you have already done so)

2)

Then join our Telegram channel

3)

Next, click here and start the quiz.

Binance Margin Quiz Answers October 2023

1. Which one of the following sentences is correct regarding your borrowing interest rate?

Ans.- The borrowing interest rate will change with the market, and the system will notify you when it changes

2. Margin level is used to evaluate the risk level of your margin account. How is margin level calculated?

Ans.- Margin level = total assets value/(total borrowed value + total accrued interest value)

3. When you receive a margin call notification, what should you do?

Ans.- Reduce your position to repay the debt or add more collateral into the margin account

4. Which of the following events will force you to liquidate?

Ans.- The margin level has reached the liquidation level

5. When your margin wallet is under liquidation (margin level reaches liquidation level) which of the following best describes what will happen?

Ans.- All of the above

6. A forced liquidation occurs when the margin level reaches the liquidation level. Users are charged a “Liquidation Clearance Fee” in the event of forced liquidation. Which of the following contains the correct description for Liquidation Clearance Fees?

Ans.- When the position is forcedly liquidated, a Liquidation Clearance Fee will be charged according to the amount of the assets being liquidated. The system may use all the remaining assets in the margin wallet to complete the liquidation.

Binance Margin Quiz Answers March 2023

1. Binance Margin includes cross margin and isolated margin. Which one of the following sentences does not describe their difference?

Ans.- They have different interest rates.

2. Margin level is used to evaluate the risk level of your margin account. How is margin level calculated?

Ans.- Margin level = total assets value/(total borrowed value + total accrued interest value)

3. Which one of the following events will force you to liquidate?

Ans.- The margin level has reached the liquidation level

4. How often is margin interest calculated?

Ans.- Hourly, at the time of borrowing

5. Do you need to borrow manually before trading?

Ans.- No, you can use the “auto borrow” function on the trading page

6. Which one of the following factors does not affect your maximum borrowing limit?

Ans.- The borrowing period

7. Which one of the following sentences is correct regarding your borrowing interest rate?

Ans.- The borrowing interest rate will change with the market, and the system will notify you when it changes

8. In the event of liquidation, how to repay your debts?

Ans.- Binance insurance funds will write off your debts

9. How to pay the interest fee with BNB in cross margin

Ans.- Transfer BNB to cross margin account and repay manually

10. When you receive a margin call notification, what should you do?

Ans.- Reduce your position to repay the debt or add more collateral into the margin account

11. When trading on Margin, a forced liquidation occurs when the margin risk ratio (total assets/total debts) reaches the liquidation risk ratio. Users are charged a “Liquidation Clearance Fee” in the event of forced liquidation. Which of the following contains the correct description for Liquidation Clearance Fees?

Ans.- When the position is forcedly liquidated, a Liquidation Clearance Fee will be charged according to the amount of the assets being liquidated. The system may use all the remaining assets in the margin wallet to complete the liquidation.

12. When the margin risk ratio (total assets/total debts) of your margin wallet reaches liquidation risk ratio, which one of the following best describes what will happen?

Ans.- All of the above.

And done. Here are the all answers including the Binance margin quiz answers 11 & 12. You can now begin your margin trading journey

Thank you. Do not hesitate to comment below for any issues regarding this. And also do not forget to join our telegram channel to get updated with the latest airdrops.

Learn and Trade event is the successor to the Binance Learn & Earn program.

And today we are going to present the Learn & Trade event from Binance. In the event of learning & trading, you will receive an equal amount of crypto tokens among all the participants.

if you are new here check the CoinMarketCap Learn & Earn program also, and don’t forget to join our Telegram Channel for the latest updates.

Binance Learn and Trade Quiz July 2022

How to participate in Binance Learn and Trade Quiz?

Steps are:

1. First join on Binance (go for a 10% discount on the fee)

2. And must complete your KYC before participating

3. Now press the Register Now button from the activity page(check below)

4. In the new rules, you need to trade a certain quantity of the coin on Binance to qualify for the event. You can check your trade activity on the activity page where you registered for the event.

5. After you successfully completed the trading part, now time for the quiz

6. Go to the Google form(link below), and answer all single-choice questions correctly.

7. Submit your Binance UID. That’s it. *Check correct answers below

Binance Learn and Trade RUNE Quiz Answer

How to participate in Binance Learn & Trade RUNE Quiz?

1. First Go to this RUNE token trading activity page

2. And click on the JOIN PROMOTION NOW button

3. Then go to market and start trading for available pairs

4. Now complete 580 RUNE token trading including both buy and sell

5. In the last step fill in the QUIZ FORM with correct answers and Binance UID

6. Total prize pool is $40,000 TO $100,000 in RUNE token vouchers. All rewards will be based on the total number of correctly answered questions as a percentage of all correctly answered questions by all qualified users in the binance rune quiz.

7. Activity Period: 2022-06-28 08:00 AM to 2022-07-07 11:59 PM (UTC)

Now time for the Binance rune quiz answers:

Q1. In what year was THORChain conceptualized?

Ans: B. 2018

Q2. How does THORChain maintain correct prices within its liquidity pools?

Ans: D. Arbitrage traders looking for assets that are mispriced between markets to make profits from the price differences

Q3. Liquidity Providers enjoy impermanent loss (IL) protection of up to 100% after they have been in the pool for 100 days

Ans: A. Ture

Q4. Who can add liquidity to an existing pool?

Ans: B. Anyone

Q5. What assets can you swap in THORChain

Ans: C. Native L1 Assets

Binance Learn and Trade GAL Quiz Answer

How to participate in Binance Learn & Trade GAL Quiz?

1. First Go to this GAL token trading activity page

2. And click on the JOIN PROMOTION NOW button

3. Then go to market and start trading for available pairs

4. Now complete 35 GAL token trading including both buy and sell

5. In the last step fill in the QUIZ FORM with correct answers and Binance UID

6. Total prize pool is $60,000 in GAL token vouchers. All rewards will be based on the total number of correctly answered questions as a percentage of all correctly answered questions by all qualified users in the binance gal quiz.

7. Activity Period: 2022-05-06 05:00 AM to 2022-05-13 11:59 PM (UTC)

Now time for the Binance gal quiz answers:

Q1. What is Project Galaxy?

Ans: C. Largest Web3 Credential Data Network

Q2. What is the token ticker of Project Galaxy?

Ans: A. GAL

Q3. What are the utilities of Gal?

Ans: B. Governance, Paying for Fees, Curating Credentials

Q4. Which network does Project Galaxy support?

Ans: A. BNB

Q5. How many protocols and organizations are thriving via Project Galaxy?

Ans: D. More than 300

Q6. How many users have registered for GalaxyID?

Ans: D. 1,200,000 users

Q7. How many credential-based NFTs are minted every month?

Ans: B. More than 500,000

Q8. How many marketing campaigns have Project Galaxy launched?

Ans: B. More than 2,300 campaigns

Binance Learn and Trade ERN Quiz Answer

How to participate in Binance Learn & Trade ERN Quiz?

1. First Go to this ERN coin trading activity page

2. And click on the JOIN PROMOTION NOW button

3. Then go to market and start trading for available pairs

4. Now complete 50 ERN coin trading including both buy and sell

5. In the last step fill in the QUIZ FORM with correct answers and Binance UID

6. Total prize pool is $75,000 in ERN token vouchers. All rewards will be based on the total number of correctly answered questions as a percentage of all correctly answered questions by all qualified users in the binance ern quiz.

7. Activity Period: 2022-04-29 00:00 AM to 2022-05-05 11:59 PM (UTC) 

Now time for the Binance ern quiz answers:

Q1. What is Ethernity?

Ans: A. An authenticated NFT platform powering an ecosystem of decentralized apps

Q2. What NFT collections does the Ethernity marketplace feature?

Ans: D. All of the above

Q3. Which of the following is NOT a benefit of the ERN token?

Ans: A. The ability to fly

Q4. ERN is Ethernity’s native utility and community token. What chain is it based on?

Ans: A. Ethereum and Polygon

Q5. Users can stake ERN to receive Stones. What can Stones be used to claim?

Ans: C. Exclusive NFTs

Q6. What does Ethernity’s roadmap include?

Ans: D. All of the Above

Q7. Which PFP avatar project does Ethernity power?

Ans: B. Exorians

Binance Learn and Trade BNX Quiz Answer

How to participate in Binance Learn & Trade BNX Quiz?

1. First Go to this BNX coin trading activity page

2. And click on the JOIN PROMOTION NOW button

3. Then go to market and start trading for available pairs

4. Now complete 15 BNX coin trading including both buy and sell

5. In the last step fill in the QUIZ FORM with correct answers and Binance UID

6. Total prize pool is $50,000 in BNX token vouchers. All rewards will be based on the total number of correctly answered questions as a percentage of all correctly answered questions by all qualified users

7. Activity Period: 2022-04-26 08:00 AM to 2022-05-03 11:59 PM (UTC)

Now time for the answers:

Q1. In 2022, what are the 2 main types of concepts of games that BinaryX are planning for launch? (Choose all that applies)

Ans: AutoChess, Collectible Cards

Q2. What can you earn if you play BinaryX : CyberDragon?

Ans: BNX

Q3. How much does it cost currently to recruit a hero?

Ans: 1 BNX + 50 BUSD

Q4. What are you able to do in the game itself?

Ans: Mining, Fight Dungeons

Q5. What do you need in order to fight a dungeon?

Ans: Gold tokens

Q6. When did BinaryX launch their Whitepaper in 2022?

Ans: March 2022

Q7. Why is the Genesis Metaverse Engine an extremely easy tool to use for developers to develop a GameFi Project?

Ans: All of the above

Q8. What is the Genesis Gamer Club?

Ans: It’s a community that is integrally linked to the game engine with a forum for industry participants

Q9. I can buy BNX on Binance.

Ans: True

Binance Learn and Trade Mobox Quiz Answer

How to participate in Binance Learn & Trade Mobox Quiz?

1. First Go to this MBOX coin trading activity page

2. And click on the JOIN PROMOTION NOW button

3. Then go to market and start trading for available pairs

4. Now complete 250 MBOX coin trading including both buy and sell

5. In the last step fill in the QUIZ FORM with correct answers and Binance UID

6. Total prize pool is $30,000 in MBOX token vouchers. All rewards will be based on the total number of correctly answered questions as a percentage of all correctly answered questions by all qualified users

7. Activity Period: 2022-04-14 02:00 AM to 2022-04-21 11:59 PM (UTC)

Now time for the answers:

Q1. Learn more about the MOBOX avatar

Ans: Rate 5 Star(Very Satisfied)

Q2. What is the name of the MOBOX Metaverse?

Ans: MOMOverse

Q3. Finish this sentence: “MOBOX Avatar’s are a virtual representation of you used in the …”

Ans: MOMOverse

Q4. How can the MOBOX Metaverse – MOMOverse be accessed?

Ans: All of the Above

Q5. What is the in-game currency?

Ans: MBOX

Q6. MOBOX is a gaming platform that combines…

Ans: DeFi yield farming and GameFi NFTs (MOMOs) to create a free-to-play and play-to-earn GameFi metaverse

Binance Learn and Trade ApeCoin Quiz Answer

How to participate in Binance Learn & Trade ApeCoin Quiz?

1. First Go to this APE coin trading activity page

2. And click on the JOIN PROMOTION NOW button

3. Then go to market and start trading for available pairs

4. Now complete 35 APE coin trading including both buy and sell

5. In the last step fill in the google form with correct answers and Binance UID

6. Total prize pool is 60,000 BUSD token vouchers. All rewards will be based on the total number of correctly answered questions as a percentage of all correctly answered questions by all qualified users

7. Activity Period: 2022-04-09 00:00 AM to 2022-04-15 11:59 PM (UTC) 

Now time for the answers:

Q1. The total supply of ApeCoin is permanently fixed at how many tokens?

Ans: A. 1 billion tokens

Q2. Which of the following describe an ApeCoin ($APE) token?

Ans: D. All are correct.

Q3. Yuga Labs is know for the creation of:

Ans: D. Bored Ape Yacht Club

Q4. How are the ApeCoin DAO Board members defined?

Ans: APE holders vote for new members annualy

Q5. When was the BAYC collection launched?

Ans: A. April 2021

Q6. Does the APE Foundation control ApeCoin or the ApeCoin DAO?

Ans: C. Both

Binance Learn and Trade AVAX Quiz Answer

How to participate in Binance Learn & Trade AVAX Quiz?

1. First Go to this AVAX coin trading activity page

2. And click on the REGISTER NOW button

3. Then go to market and start trading for available pairs

4. Now complete 50 AVAX coin trading including both buy and sell

5. In the last step fill in the google form with correct answers and Binance UID

6. In ‘Promotion C’ total prize pool is $130,000 in AVAX token vouchers. All rewards will be based on the total number of correctly answered questions as a percentage of all correctly answered questions by all qualified users

7. Activity Period: 2022-04-07 02:00 AM to 2022-04-13 11:59 PM (UTC)

Now time for the answers:

Q1. How long does it take Avalanche to finalize transactions?

Ans: 1 second or less

Q2. The Avalanche primary platform is composed of how many blockchains?

Ans: 3

Q3. How many subnets can the Avalanche platform support?

Ans: Limitless

Q4. What is the innovative consensus mechanism behind Avalanche?

Ans: None of the above

Q5. What’s Avalanche’s token

Ans: AVAX

Binance Learn and Trade BSW Quiz Answer

How to participate in Binance Learn & Trade BSW Quiz?

1. First Go to this BSW coin trading activity page

2. And click on the JOIN PROMOTION NOW button

3. Then go to market and start trading for available pairs

4. Now complete 700 BSW coin trading including both buy and sell

5. In the last step fill in the google form with correct answers and Binance UID

6. Total prize pool is $75,000 in BSW token vouchers. All rewards will be based on the total number of correctly answered questions as a percentage of all correctly answered questions by all qualified users

7. Activity Period: 2022-04-01 00:00 AM to 2022-04-07 11:59 PM (UTC)

Now time for the answers:

Q1. What is the trade fee on Biswap?

Ans: B. 0.1%

Q2. What is the percentage of fee return you can expect on Biswap?

Ans: C. Up to 90%

Q3. What is the max supply of BSW?

Ans: A. 700 million

Q4. What is the current BSW emission rate per block?

Ans: A. 20 BSW

Q5. What is the maximum swap referral reward on Biswap?

Ans: C. 20%

Q6. Which NFTs can be staked in Biswap NFT staking pool?

Ans: A. Robbies NFTs

Q7. Which tokens are distributed in the NFT staking pool on Biswap?

Ans: A. BSW, WBNB, USDT & BFG

Q8. What is the trade fee on Biswap NFT Marketplace?

Ans: B. 1%

Q9. How is the trade fee on Biswap NFT Marketplace distributed?

Ans: A. Distributed equally between buyers and sellers in the form Robi boosts

Q10. Who was Biswap audited by? 

Ans: A. Certik

Things to REmember for Binance Learn & Trade Event:

1. For participation in the Promotion, all users must click on the [Register Now] button on the activity page.

2. If you don’t have a Binance account, create an account before participating.

3. For reward distribution, Binance will use the average closing price at 11:59:59 PM (UTC) of the USDT trading pair during the Promotion period.

4. After the Promotion ends, rewards will be distributed within two weeks. You will be able to log in and redeem your token voucher via Account > Reward Center.

5. The validity period for the token voucher is set at 14 days from the day of distribution.

Binance Learn & Trade Program FAQ:

Conclusion: So that’s all about the binance learn and trade quiz program. Hope you got all of your answers. Please comment below for any doubt. And don’t forget to join our telegram channel for the latest airdrops.

All correct answers for Binance’s Month End Quiz for each month can be found here.

They’re giving away 300 Mystery Boxes to thank you for being a true Binancian!

Simply read the blog articles published this month and respond to the questions related to each article.

Remember, you must correctly answer ALL questions in order to be eligible to win the Mystery Box. (Each user is limited to one draw.)

Suggestion: Binance Learn & Trade to Earn Free Crypto

The quiz will be available from April 29 at 7 a.m. (UTC) to May 2 at 7 a.m. (UTC)

Binance Month End Quiz Answers for April 2022

Fill out this FORM with your Binance UID and the correct answers.

Q1. What You Need To Know Before Gifting An NFT?*

Ans: All the above

Q2. Why is ceiling price an important NFT evaluation metric?

Ans: NFT with high ceiling price as usually the rarest and most popular digital assets

Q3. What are NFT Photos?

Ans: An NFT photo is a picture that a photographer uploads to the blockchain

Q4. What are the Use Cases For An NFT Domain?

Ans: Content Creation

Q5. From Article 5 – What Upgrades can you find on the Binance NFT Marketplace for the March & April Implementation?

Ans: Make Offers for NFTs and Mystery Boxes