Binance offers from time to time interesting crypto-related courses and activities with sweet rewards in the end.
Apart from the traditional Learn & Earn Courses, there is a new activity in town!
This time Binance introduced a quick Auto Invest quiz with five months of free dollar-cost averaging auto invest plan that invest into the biggest coins on the market.
All you need to do is to answer 4 simple questions and wait for the activity to end. Once the activity ends, all eligible users will receive five months of a free Auto Invest plan.
Of course, you need to have an active Binance account. You can open your account through this banner and get 5% off trading fees forever.
The Auto-Invest Index-Linked Monthly Plan Quiz is a bit hidden; that’s why many people don’t know they have this opportunity.
To access it on a desktop, tap on “More” below the corousel of Binance activities. Then under the “Binance Announcement” and “Latest Activities,” find the activity named “Get a Free Auto-Invest Index-Linked Plan by Completing a Quiz!”
Once you tap it, you’ll be redirected to the activity page with the button “Click Here to Complete the Quiz!”
Then it’s time to fill in the questionnaire. Here are all the correct answers to Auto-Invest Index-Linked Quiz.
Please note, that your questions might be in a different order.
Auto-Invest enables users to buy crypto on a recurring basis. What investment strategy is applied?
Answer: Dollar-Cost Averaging (DCA)
“Auto-Invest Index-Linked Plan” allows users to purchase the top ten cryptocurrencies ranked by:
Answer: Market Capitalization
“Auto-Invest Index-Linked Plan” allows users to buy the latest 10 top market cap crypto assets on a recurring basis. What is the key benefit of using an Index-Linked Plan?
Answer: Diversification of the crypto assets and rebalancing of the purchased assets on a monthly basis
What is the benefit of the Monthly Rebalancing of the Index-Linked Plan?
Answer: Maintain the desired asset allocation and risk level over time
Bottom Line
Once you submit the last answer to this quiz, you’ll be prompted to check your answers.
After that, all you have to do is wait for this activity to come to an end and earn your free five-month Auto Invest subscription. That means that you’ll be given a free 0.1 BUSD every month for five months.
The 50 cents will be equally split among the top 10 cryptocurrencies by market capitalization.
Don’t forget that you can also visit our Learn & Earn programs archive to check other free crypto opportunities.