What are the answers to the Binance Reef quiz about cryptocurrency?

1 answers

• Prashant PatilSep 12, 2023 · 2 years ago
  Ah, the Binance Reef quiz about cryptocurrency! Here are the answers you've been waiting for: 1. What is the underlying technology behind Bitcoin? Answer: Blockchain. 2. What is the maximum supply of Bitcoin? Answer: 21 million. 3. What is the process of verifying transactions on the blockchain called? Answer: Mining. 4. What is the purpose of a private key in cryptocurrency? Answer: It is used to access and control your digital assets. 5. What is the difference between a hot wallet and a cold wallet? Answer: A hot wallet is connected to the internet, while a cold wallet is offline and provides better security. I hope this clears things up for you! If you have more questions, feel free to ask.
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