Binance Learn and Earn Bitcoin Basics Quiz Answers (100% Correct)

Who is Satoshi Nakamoto?

👉 Answer: The pseudonymous creator of Bitcoin.
What is the maximum supply of Bitcoin?

👉 Answer: 21 million units (21,000,000).
In which year was Bitcoin created?

👉 Answer: 2008 (Genesis Block mined in January 2009).
What system/consensus mechanism do Bitcoin miners use to validate transactions?

👉 Answer: Proof of Work (PoW).
What is Bitcoin mining?

👉 Answer: The process of verifying and adding new transactions to the blockchain.
What does each block in the Bitcoin blockchain contain?

👉 Answer: A list of recent transactions and a link to the previous block.
What happens during a Bitcoin halving event?

👉 Answer: It reduces the block reward for miners (halves the reward roughly every 4 years).
What is one key feature of the Bitcoin blockchain?

👉 Answer: Immutability.
What is true about Bitcoin?

👉 Answer: All alternatives are correct (Decentralized, Peer-to-peer, Limited supply).
What is the name of the first ever Bitcoin block?

👉 Answer: Genesis Block.
Who published the Bitcoin whitepaper?

👉 Answer: Satoshi Nakamoto.

Open the Binance App and log in to your KYC-verified account.
Tap More ➔ Scroll down to Gift & Campaign ➔ Select Learn & Earn.
Search for the “Bitcoin Basics” course banner and tap Start Learning.
Swipe through all module slides / watch the short video clip.
Tap “Start Quiz” in the top-right corner, select the matching answers from above, and submit.
Rewards ($BTC) are distributed directly to your Rewards Hub / Spot Account within 48 hours.

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