Binance Learn & Earn Day 4 Quiz Answers

Airdrop
1 min readJul 5, 2021

Quiz Day 4 program has started, follow the below steps:

1. Signup here: https://bit.ly/3k07voM-Binance

2. Fill this form: https://docs.google.com/forms/d/e/1FAIpQLSejZSCpnL1XyTHlRDDjLOnWS7rBzPWN-AKPHCmturjGSE93Hw/viewform

Full details: https://www.binance.com/en/market-activity/305a45fc48c448bd885ed4a7178fe9d4

Answers: [Confirm the answers once]

1. What is the maximum leveraged offered in Binance futures trading?
Ans:
A:125x

2. Which price will Binance use to calculate the liquidation level?
Ans:
C: Marked Price

3. When the users position size is lower than ______, notification will be sent to users for adding more margins in the futures account or adjusting the position to avoid potential liquidation.
Ans:
C:Maintenance Margin

4. What is the leverage multiplier for Binance Leveraged Tokens?
Ans:
A: The system maintains a target leverage range between 1.5x and 3x.

5. When does Binance Leveraged Tokens rebalance?
Ans:
C: Every day

6. Which one of these is a risk associated with holding Binance Leveraged Tokens long-term?
Ans:
B: Erosion of net asset value (NAV) due to rebalancing back and forth when there is no obvious trend in the market

7. Vanilla Options Contracts allow users to act as direct buyers or sellers when purchasing or issuing Options. Since Options Buyers can choose to exercise the Options at a later date, the Options Seller needs to freeze collaterals in the meantime. This ensures that the Options Buyer does not run into any problems when they go to exercise the Options.
Ans:
A: Yes

8. Contract name: BTC-210326–19000-C
Ans:

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