Y Nation Daily Quiz Answers Today 8 November 2024
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Week 4. Today’s Lesson 5 — On-Ramps and Off-Ramps
Q1: What is the benefit of buying crypto on CEX?
A: Users can buy crypto directly to their accounts to start trading.
Q2: What is the benefit of using fiat on-ramp platforms?
A: They are often integrated with wallets and apps.
Q3: How do P2P platforms work?
A: They are like bulletin boards, where users publish proposals to buy or sell crypto for fiat.
Q4: What was the total transaction volume on the Binance P2P market in 2020, in billions of USD?
A: 7
Open YNation Bot: https://t.me/y_nation_bot/start?startapp=HJ3U6X
##YNation #YNationQuiz
Week 4. Today’s Lesson 5 — On-Ramps and Off-Ramps
Q1: What is the benefit of buying crypto on CEX?
A: Users can buy crypto directly to their accounts to start trading.
Q2: What is the benefit of using fiat on-ramp platforms?
A: They are often integrated with wallets and apps.
Q3: How do P2P platforms work?
A: They are like bulletin boards, where users publish proposals to buy or sell crypto for fiat.
Q4: What was the total transaction volume on the Binance P2P market in 2020, in billions of USD?
A: 7
