This is a fantastic way to kickstart your crypto journey! Getting 0.00001 BTC might seem like a small "piece," but considering it's the world's first scarce digital asset, it's a solid entry point.
Since you need to answer all questions correctly to get the reward, here is a "cheat sheet" based on the typical questions in the Binance Academy Bitcoin Basics quiz.
📝 Binance Academy: Bitcoin Basics Quiz Answers
Note: Questions and answer orders may be randomized, so look for the text of the answer rather than the letter (A, B, C).
Questions & Correct Answers
Who is Satoshi Nakamoto?
The pseudonymous creator of Bitcoin.
What is the maximum supply of Bitcoin?
21 million units.
In which year was the Bitcoin whitepaper published? 2008 (Launched in 2009).
What is Bitcoin mining?
The process of verifying and adding new transactions to the blockchain.
What system do Bitcoin miners use to validate transactions?
Proof of Work (PoW).
What happens during a Bitcoin "halving" event?
It reduces the block reward for miners by half.
What is the name of the first-ever Bitcoin block?
The Genesis Block.
What makes Bitcoin "decentralized"?
It is not issued or controlled by any government or central authority.
What is a key feature of the Bitcoin blockchain? Immutability (transactions cannot be changed once recorded).
How often does a Bitcoin halving occur?
Approximately every 4 years (or every 210,000 blocks).
💡 Pro-Tips for Success
▫️Be Quick: This reward is for the first 5,000 users each month. If you don't get it this time, rewards usually replenish on the first Thursday of every month.
▫️Verification: Ensure your Binance account has completed Identity Verification (KYC), or you won't be eligible for the payout.
▫️Check the Rewards Hub: Once you pass, the BTC isn't sent to your spot wallet automatically. You usually have to "Redeem" it in your Profile > Rewards Hub within 48 hours.
🚀 Your Next Step
Go to the Binance Academy Learn & Earn page, sign in, and start the quiz now while the monthly quota is still open!
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