Newbies

Earn Crypto On CoinMarketCap With These Quiz Answers

Ever wanted to earn crypto just by learning them? This has become a reality with the CoinMarketCap Earn program. They distribute a token named SUSHI and IoTeX to anyone. All you need to receive them is to watch three to four videos on how the token works and, after that, complete a quiz with seven questions. Sounds simple, isn’t it?

What is CoinMarketCap Earn?

Their origins lie in the same idea of Coinbase Earn: CoinMarketCap rewards users if they discover the utility of new cryptocurrency products. Since cryptocurrency and blockchain evolve rapidly, learning the potential of this new era is essential. There comes CoinMarketCap to incentivize users by doing so.

Three steps to your (first) cryptos

What do I need to start earning on CoinMarketCap Earn?

First of all, make sure you don’t live in one of the countries listed below. If not, you need a CoinMarketCap account. You can create one here. Furthermore, to receive the cryptocurrency/tokens you also need a KYC-verified account on Binance.com.

Excluded Countries

Belarus
Democratic Republic of Congo
Cuba
Iraq
Iran
Mainland China
North Korea
Sudan
Syria
The United States of America and its territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands)
Zimbabwe

Now, you can start participating in the program. Follow this link to start earning on Coinmarketcap Earn. There you need to watch three videos step-by-step. Upon watching, you need to complete a quiz.

Because quizzes are sometimes hard to answer, hints are always useful in such cases. For that matter, I prepared a list of questions with their corresponding which helps to succeed in the quiz.

Below, you’ll find the corresponding answers for the current campaigns SushiSwap (SUSHI) and IoTeX (IOTX).

Quiz Answers For SushiSwap (SUSHI)

To participate in this campaign, follow this link.

  1. Question: Sushi.com helps you take advantage of your idle cryptocurrency by providing tools that earn you __?
    • Answer: Interest
  2. Question: What do you need to unlock the power of DeFi on Sushi.com?
    • Answer: A wallet with cryptocurrency tokens in it!
  3. Question: All of the transaction fees earned by Sushi are paid to whom?
    • Answer: The Sushi liquidity providers
  4. Question: If you want to provide liquidity to the SUSHI-WETH pair and have $100 in SUSHI tokens, what is the maximum amount of WETH you need?
    • Answer: $100
  5. Question: What do you need to do first to become a yield farmer?
    • Answer: Provide Liquidity
  6. Question: How are you paid for being a farmer on Sushi?
    • Answer: With SUSHI tokens
  7. Question: Becoming a farmer on Sushi has which benefits?
    • Answer: All of the above

Furthermore, you need to add SushiSwap to your watch list on Coinmarketcap.

Quiz Answers For IoTeX (IOTX)

To participate in this campaign, follow this link.

  1. Question: What is the mission of IoTeX?
    • Answer: Building the connected world
  2. Question: What are the four core technology pillars of the IoTeX platform?
    • Answer: Blockchain, Decentralized Identity, Real World Data Oracles, Secure Hardware
  3. Question: What can be done with the IOTX token?
    • Answer: All of the above
  4. Question: As a result of IoTeX’s Burn-Drop tokenomics, the total supply of the IOTX token is?
    • Answer: Deflationary over time
  5. Question: IoTeX envisions a future where users can own and control their devices, as well as the data/value they generate. What do we call our vision?
    • Answer: The Internet of Trusted Things
  6. Question: What are the first blockchain networks that IoTeX has built cross-chain bridges to?
    • Answer: Ethereum, Binance Smart Chain, Polygon

In addition, you also have to complete three additional tasks after answering these questions.


Want To Earn More Crypto Like on CoinMarketCap Earn?

CoinMarketCap is not the only one out there that incentivizes users by learning. Coinbase Earn also follows the same strategy. Unlike CoinMarketCap, you’ll expect there a couple of cryptocurrency projects. To sum up, you can earn up to $34 if you answer all correctly!

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Coinbase Earn Quiz Answers (Updated July 2021)