Moridom Digital Agency Agency for Everything Digital
OpenEX allows fast, secure, and transparent trades across important blockchains.
It has low gas costs, fast transactions, quick withdrawals, deep liquidity, and more.
To get started, download the MetaMask app on the App Store or Google Play Store.
Next, open the browser inside MetaMask and go to long.hub.openex.network/quiz.
Select “Connect” to connect your wallet and select “Start” to start the quiz.
In this article, you’ll learn all of the OpenEx quiz answers (long hub KYC process) to get 10 LONG Testnet USDT for free.
OpenEX Quiz Answers
Question: How does money move in the blockchain?
Answer: With digital transactions between nodes
Question: What is Ethereum?
Answer: An open-source, blockchain-based, decentralized software platform used for its own cryptocurrency, Ether
Question: What is a DAO?
Answer: Decentralized Autonomous Organization, an organization represented by rules encoded as a computer program that is transparent, controlled by the organization members and not influenced by a central government
Question: What is Bitcoin mining?
Answer: Using computer hardware to solve complex problems and earn Bitcoin rewards
Question: What is blockchain?
Answer: A tamper-proof, distributed digital ledger used to record transactions
Question: What is Blockchain mining?
Answer: Using computer hardware to solve complex problems and earn Bitcoin rewards
Question: Who should contribute to the Blockchain?
Answer: Everyone can
Question: What is an ICO?
Answer: It is a process of investment through cryptocurrencies into new cryptocurrency projects
Question: What is Gas?
Answer: A mechanism within Ethereum used to calculate the prices of operations
Question: What is cryptocurrency?
Answer: It is a digital or virtual currency that uses cryptography for security and operates, independently of a central bank
Question: How should a community uphold common interests?
Answer: Vote together and share decision-making power
Question: What is web3?
Answer: A JavaScript library used for the development of decentralized applications
Question: What are digital signatures?
Answer: A way to authenticate and ensure the integrity of digital documents or messages using cryptography
Question: What user actions could potentially affect the price of a coin?
Answer: All of the above
Question: Where does Blockchain’s security come from?
Answer: Its immutable and transparent nature
Question: How does money move in the blockchain?
Answer: With digital transactions within nodes