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KuCoin DeepBook (DEEP) Quiz Answers

KuCoin is a blockchain and crypto exchange with 30 million users in 200+ countries.

It has 700+ cryptocurrencies and 1200+ trading pairs like BTC, ETH, and meme coins.

Enjoy low fees, support for 50+ fiat currencies, and the option to reduce fees.

The platform provides spot, margin, and derivatives trading, as well as earning tools.

KuCoin prioritizes security, ensuring users trade with confidence and peace of mind.

In this article, you’ll learn all of the KuCoin DeepBook (DEEP) quiz answers to earn up to 100 DEEP tickets when you pass it.

KuCoin DeepBook (DEEP) Quiz Answers

Question: What is the primary function of DeepBook on the Sui blockchain?

Answer: A decentralized central limit order book (CLOB).

Question: Which feature is NOT part of DeepBook V3?

Answer: Centralized decision-making.

Question: True or False: The DEEP token is used only for governance purposes within DeepBook.

Answer: False.

Question: What key advantage does DeepBook V3’s upgraded matching engine provide?

Answer: Parallelized order processing for reduced latency.

Question: Which of the following is a feature of staking DEEP tokens?

Answer: Voting in governance decisions.

Question: True or False: DeepBook V3 offers community-driven governance, allowing DEEP token holders to vote on protocol upgrades and fee structures.

Answer: True.

Question: What percentage of the DEEP token supply is reserved for ecosystem growth?

Answer: 61.57%.

Further reading

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