Binance Coin (BNB) MCQs

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1. : Binance Coin (BNB) was originally launched on which blockchain?





2. : What is the native blockchain of BNB now called?





3. : Who is the founder of Binance and Binance Coin?





4. : BNB was launched in which year?





5. : What was the initial use of Binance Coin (BNB)?





6. : Binance Coin (BNB) has a maximum supply of?





7. : Binance conducts periodic token burns to?





8. : The BNB Chain is made of how many blockchains?





9. : What are the two chains of the BNB Chain ecosystem?





10. : The Binance Smart Chain uses which consensus mechanism?





11. : BNB is primarily used to pay for?





12. : The periodic burn mechanism of BNB is known as?





13. : What is the symbol of Binance Coin?





14. : BNB can also be used in Binance Launchpad for?





15. : Which wallet is officially provided by Binance for BNB storage?





16. : Which other popular wallet supports BNB Chain?





17. : Binance Smart Chain (BSC) is compatible with which virtual machine?





18. : BNB holders can earn rewards through?





19. : Binance Coin was first issued as an?





20. : Later, BNB was migrated to which token standard on Binance Chain?





21. : On Binance Smart Chain, BNB follows which token standard?





22. : The gas fee on BNB Chain is paid in?





23. : Binance Smart Chain was officially launched in which year?





24. : Which major use case makes BNB Chain attractive?





25. : BNB Chain supports smart contracts similar to?





26. : Binance Smart Chain uses which type of validator nodes?





27. : The term “BNB” originally stood for?





28. : Which ecosystem uses BNB for governance?





29. : Which stablecoin is issued under Binance?





30. : Binance Coin (BNB) was first distributed via?





31. : How many BNB were initially distributed during the ICO?





32. : Binance is originally a company from which country?





33. : Later, Binance moved its headquarters to which location?





34. : BNB Chain supports which type of applications strongly?





35. : Binance Coin plays a vital role in which Binance service?





36. : Binance Pay allows payments using?





37. : The Binance Visa Card allows spending of crypto including?





38. : BNB Smart Chain competes most directly with?





39. : Binance Coin is classified as a?





40. : BNB Auto-Burn is based on?





41. : The Binance Smart Chain uses how many active validators at a time?





42. : The Binance DEX primarily operates on which chain?





43. : The BEP-2 standard applies to tokens on?





44. : The BEP-20 standard applies to tokens on?





45. : BNB is widely accepted in DeFi protocols as?





46. : Binance Coin has been used in token sales through which platform?





47. : BNB holders can participate in governance through?





48. : Binance introduced BNB primarily to?





49. : What is the smallest unit of BNB called?





50. : Binance Coin ranks among the top cryptocurrencies based on?





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