Coinbase Loopring Quiz Answers, Loopring Quiz Coinbase, Loopring Coinbase Answers: Coinbase is back with an exciting Quiz contest called Coinbase Loopring Quiz. Here in this quiz, Coinbase is rewarding its users with free $1.5 in Loopring (LRC). In order to win the rewards, the participants have to give the correct answers to 3 simple questions.
Here in this post, today we are going to solve and provide the correct Coinbase Loopring Quiz Answers. So let us get started.
Coinbase Loopring Quiz Answers
Q1: What is Loopring?
Options:
- A Tezos NET marketplace
- An Ethereum scaling protocol
- A Bitcoin mining platform
- A Cosmos security protocol
Answer is: An Ethereum scaling protocol
Q2: What is NOT a benefit of using Loopring?
Options:
- Requires a traditional bank account
- 1000x faster transactions
- 100x cheaper fees
- Decentralized finance (DeFi) support
Answer is: Requires a traditional bank account
Q3: What is LRC?
Options:
- A new consensus algorithm
- A consortium of blockchain organizations
- Loopring’s governance token
- Liquidity Recovery Console
Answer is: Loopring’s governance token
How To Participate In Coinbase Loopring Quiz
- Firstly click here to visit Coinbase.
- Sign in to your Coinbase account or register as a new user.
- Now in the dashboard, click on the “For You” tab located on the right-side panel.
- Tap on View All in the Learn section.
- Scroll down and click on the “Start Earning” button in the Earn Free Crypto section.
- Now hit the start course button in Loopring Card.
- Read all the three quiz questions carefully and tap on the correct answers for each of them.
- You will be rewarded $1.5 LRC for each correct answer.
- Complete the Coinbase LRC Quiz to earn $1.5 LRC for free.
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