Binance Learn & Earn Recap and Quiz: $20,000 FIO Giveaway
Review the basics about FIO on this Learn & Earn Recap, then take our quiz for a chance to be one of the winners in the $20,000 giveaway.
You can take this quiz from 28/9/2020 9:00 AM (UTC) to 29/9/2020 8:59 AM (UTC)
What is the FIO Protocol (FIO)?
A decentralized usability layer that is integrated into wallets, exchanges, Dapps and any other crypto application and enables users to send/receive crypto between FIO enabled products with greater ease than ever before possible. FIO is not a wallet and does not integrate with other blockchains.
What are the Three Main Capabilities of the FIO Protocol Today?
FIO Addresses (human-readable wallet addresses)
FIO Requests (decentralized invoices, order carts, exchange deposits, peer to peer payment, etc.)
FIO Data (the information in the invoices, order carts notes, memos, etc.)
Is the FIO Protocol a Wallet?
No. The FIO Protocol is an open-source blockchain which wallets, exchanges, Dapps, and any crypto product integrate to enable capabilities between their respective applications that aren’t otherwise possible.
What is the FIO Token used for?
The FIO Token is used to pay transaction fees on the FIO Blockchain and FIO is available for trading on the Binance exchange.
Then finally we gave the community a chance to share how to buy FIO using Fiat on Binance.
Complete the Quiz for a chance to claim up to $20 in FIO!
Start investing in crypto today. Buy FIO on Binance.
