Home web3.0 KuCoin Polkadot (DOT) Quiz Answers

KuCoin Polkadot (DOT) Quiz Answers

Sep 05, 2024 pm 06:03 PM
kucoin Quiz Answers Polkadot (DOT)

In this article, you’ll learn all of the Polkadot (DOT) quiz answers to earn up to 100 DOT tickets when you pass it.

KuCoin Polkadot (DOT) Quiz Answers

KuCoin, a blockchain and crypto exchange, has 30 million users across 200+ countries.

The exchange boasts 700+ cryptocurrencies and 1200+ trading pairs, including BTC, ETH, and meme coins.

Traders can enjoy low fees, support for 50+ fiat currencies, and the option to reduce fees further.

The platform offers spot, margin, and derivatives trading, as well as earning tools.

KuCoin places great emphasis on security, giving users the confidence and peace of mind to trade on the platform.

In this article, we'll provide you with all the Polkadot (DOT) quiz answers, enabling you to earn up to 100 DOT tickets upon passing the quiz.

KuCoin Polkadot (DOT) Quiz Answers

Question: Polkadot was founded by Vitalik Buterin.

Answer: False.

Question: What consensus mechanism is employed by Polkadot?

Answer: Nominated Proof-of-Stake (NPoS).

Question: Which Polkadot component facilitates cross-chain communication?

Answer: Relay Chain.

Question: What are the primary functions of the DOT token within the Polkadot network?

Answer: Governance, staking, and bonding.

Question: Staking more DOT increases your influence in the governance of the Polkadot network.

Answer: True.

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