Coinbase Loopring Quiz Answers (SOLVED)

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

  1. Firstly click here to visit Coinbase.
  2. Sign in to your Coinbase account or register as a new user.
  3. Now in the dashboard, click on the “For You” tab located on the right-side panel.
  4. Tap on View All in the Learn section.
  5. Scroll down and click on the “Start Earning” button in the Earn Free Crypto section.
  6. Now hit the start course button in Loopring Card.
  7. Read all the three quiz questions carefully and tap on the correct answers for each of them.
  8. You will be rewarded $1.5 LRC for each correct answer.
  9. Complete the Coinbase LRC Quiz to earn $1.5 LRC for free.

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Ritesh Kumar is a Tech freak with an experience of 5 years in the industry. He can be often found wearing a headset, listening to music and searching for the latest tech news, gadgets, mobiles and more. He has been quoted in various websites like TheQuizz, Couponwish, and few more.

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