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Disclaimer: We want to emphasize that this is not financial advice. Cryptocurrencies operate in a volatile market, where values can drastically fluctuate in a blink of an eye. It is imperative to conduct thorough research and seek guidance from a qualified financial advisor before investing.
What Is Revolut Crypto Learn?
Revolut's Crypto Learn stands as an innovative in-app educational resource, designed to empower users with a comprehensive understanding of cryptocurrencies. This dynamic tool is seamlessly integrated within the 'Crypto' section of the Revolut app, accessible by navigating to the 'Discover' tab and subsequently scrolling down to the 'Learn' section. Users can delve deeper into the intricacies of the cryptocurrency realm by tapping on 'See all' to explore the array of available courses.
For those eager to initiate their cryptocurrency trading journey, the process is initiated by navigating to the 'Crypto' section and selecting 'Get started.' The subsequent steps involve a careful review and acceptance of risk warnings and terms and conditions, paving the way for users to seamlessly engage in buying and selling crypto assets.
When it comes to purchasing crypto, users can effortlessly execute transactions by tapping on 'Trade,' selecting the desired cryptocurrency, clicking 'Buy,' and specifying the desired amount before reviewing and confirming the order. Similarly, the selling process involves selecting owned cryptocurrencies, tapping 'Sell,' specifying the amount, and concluding the transaction with a review and confirmation.
However, it is paramount for users to grasp the inherent risks associated with trading crypto assets before embarking on their trading journey. The volatile nature of cryptoassets, coupled with the absence of regulation and protection under investor compensation schemes, demands a thoughtful consideration of potential risks. Moreover, the tax implications of crypto trading may vary depending on the user's country of residence, adding a layer of complexity to the landscape.
Revolut maintains a stance of not providing financial advice, reinforcing the importance of users making informed decisions based on their individual circumstances. To ensure a well-rounded understanding of the financial landscape, users are strongly encouraged to seek professional and independent advice, particularly when uncertainties arise about their unique situations.
Revolut Crypto Learn Answers: Cronos (CRO)
Give the following answers to the Revolut Cronos Learn & Earn Quiz
Lesson 1: What is Cronos?
Answer 1. 3
Answer 2. CRO
Answer 3. discover.cronos.org
Lesson 2: What is DeFi?
Answer 1. Decentralised Finance
Answer 2. By smart contracts written in code
Answer 3. DeFi relies on user-to-user transactions to create financial solutions
Lesson 3: What is Web3 gaming?
Answer 1. An online game where players own their in-game assets
Answer 2. Non-Fungible Token
Answer 3. Cronos is a blockchain ecosystem hosting Web3 games
Revolut Crypto Learn Answers: Floki
Give the following answers to the Revolut Floki Learn & Earn Quiz
Lesson 1: What is Floki?
Answer 1. Floki Vikings
Answer 2. All of the above
Answer 3. Community, charity, and utility
Lesson 2: Floki’s mission
Answer 1. To become the most known and used cryptocurrency in the world
Answer 2. All of the above
Answer 3. All of the above
Lesson 3: Utility Products
Answer 1. An all-in-one platform for creating tokens and tokenising Real World Assets
Answer 2. An immersive play-to-earn metaverse game
Answer 3. A protocol to lock liquidity pool tokens and digital assets
Revolut Crypto Learn Answers: Sei
Give the following answers to the Revolut Sei Learn & Earn Quiz
Lesson 1: What is Sei?
Answer 1. The fastest Layer-1 blockchain
Answer 2. Any kind of consumer grade decentralised application
Answer 3. 390 milliseconds
Lesson 2: Sei’s technological innovations
Answer 1. It is the world’s first parallelised EVM
Answer 2. It allows transactions to be processes simultaneously
Answer 3. Handling large amounts of data efficiently
Lesson 3: Sei’s key features & benefits
Answer 1. Confirming transactions within one network operation cycle
Answer 2. By providing smooth and intuitive interactions for users and offering efficient tools for developers
Answer 3. Facilitating the development of maximally performant Layer-2 solutions
Lesson 4: Sei’s ecosystem
Answer 1. A broad range of applications, including digital asset exchanges and DeFi
Answer 2. For governance, staking, and paying transaction fees
Answer 3. Continuously improving its technology and architecture
Revolut Crypto Learn Answers: Sweat Wallet
Give the following answers to the Revolut Sweat Wallet Learn & Earn Quiz
Answer 1. Mine Bitcoin
Answer 2. 9
Answer 3. With crypto and fiat
Revolut Crypto Learn Answers: Bonk
Give the following answers to the Revolut Bonk Learn & Earn Quiz
Lesson 1: Introducting BONK
Answer 1. Solana
Answer 2. Through an airdrop to Solana’s active community members
Answer 3. The social token of Solana
Lesson 2: BONK adoption
Answer 1. Token Swap
Answer 2. Telegram
Answer 3. BONK rewards
Revolut Crypto Learn Answers: Sui
Give the following answers to the Revolut Sui Learn & Earn Quiz
Lesson 1: Intro to Sui
Answer 1. All of the above
Answer 2. Move
Answer 3. Answers 1 and 3
Lesson 2: Sui architecture
Answer 1. All of the above
Answer 2. It’s directly associated with the owner
Answer 3. All of the above
Lesson 3: Sui’s user experience
Answer 1. Limiting user abilities
Answer 2. Wallets and gas fees
Answer 3. All of the above
Lesson 4: SUI and the Sui ecosystem
Answer 1. Proof-of-work
Answer 2. All app types
Answer 3. All of the above
Revolut Crypto Learn Answers: Oasis
Give the following answers to the Revolut Oasis Learn & Earn Quiz
Lesson 1: Intro to Oasis
Answer 1. Roses symbolize privacy
Answer 2. 2018
Answer 3. All of the above
Lesson 2: How Oasis works
Answer 1. By operating separate consensus and application layers
Answer 2. Trusted Execution Environment
Answer 3. Parallel Runtimes
Lesson 3: Oasis and Smart Privacy
Answer 1. Blockchain Privacy Dilemma
Answer 2. Smart privacy for dApps
Answer 3. Oasis Privacy Layer
Revolut Crypto Learn Answers: 1inch
Give the following answers to the Revolut 1inch Learn & Earn Quiz
Lesson 1: Decentralized exchanges
Answer 1. No one. The exchange is made peer-to-peer
Answer 2. Uniswap
Answer 3. Decentralized exchange
Lesson 2: How do DEX aggregators work?
Answer 1. Pathfinder
Answer 2. 1inch aggregates trade options across DEX platforms
Answer 3. Provide directions to your destination
Lesson 3: DAOs and governance
Answer 1. Decentralised
Answer 2. Users who stake their 1INCH tokens
Answer 3. Allocating treasury funds for a particular proposal
Revolut Crypto Learn Answers: Avalanche
Give the following answers to the Revolut Avalanche Learn & Earn Quiz
Lesson 1: What is Avalanche?
Answer 1. AVAX
Answer 2. The Avalanche Consensus Protocol uses less energy than other blockchains
Answer 3. Stake at least 2,000 AVAX tokens
Lesson 2: How does Avalanche scale?
Answer 1. Subnets
Answer 2. They can support compliance requirements
Answer 3. More affordable gas fees
Revolut Crypto Learn Answers: Algorand
Give the following answers to the Revolut Algorand Learn & Earn Quiz
Lesson 1: Intro to Algorand
Answer 1. They are secure, super fast, and low cost
Answer 2. Pure Proof of Stake
Answer 3. It doesn’t fork
Lesson 2: Algorand & Sustainability
Answer 1. All of the above
Answer 2. They will lose their governance rewards
Answer 3. By partnering with global organisations to offset carbon emissions
Revolut Crypto Learn Answers: NEAR
Give the following answers to the Revolut NEAR Learn & Earn Quiz
Lesson 1: Intro to NEAR
Answer 1. A proof-of-stake, Layer 1 blockchain
Answer 2. To enhance scalability and efficiency in transaction processing
Lesson 2: Blockchain Operating System
Answer 1. An operating system designed specifically for Web3
Answer 2. To allow developers to easily build and distribute decentralised apps
Answer 3. Social media apps, loyalty programs, NFT marketplaces, and more
Revolut Crypto Learn Answers: Axelar
Give the following answers to the Revolut Axelar Learn & Earn Quiz
Lesson 1: Meet Axelar
Answer 1. All of the above
Answer 2. Decentralisation
Answer 3. With Axelar, applications can seamlessly integrate with any blockchain
Lesson 2: The AXL Token
Answer 1. By attributing rewards and a share of fees for transaction on the network
Answer 2. The best structure for the network will be determined by Axelar tokenholders
Lesson 3: Axelar’s cross-chain feature
Answer 1. Using proof-of-stake validation
Answer 2. It allows applications to send and receive logic across different chains, promoting cross-chain integration
Answer 3. Web3 allows developers to integrate applications across blockchains, making a potential super app possible
Revolut Crypto Learn Answers: Polkadot
Give the following answers to the Revolut Polkadot Learn & Earn Quiz
Lesson 1: Intro to Polkadot
Answer 1. A low transaction speeds, high fees, and inability to communicate with other blockchains
Answer 2. A new web built around decentralized technologies where users have more control over their data
Answer 3. It allows multiple blockchains to communicate with each other and process transactions at the same time
Lesson 2: How Polkadot works
Answer 1. A blockchain that connects other blockchains and allows them to communicate
Answer 2. A blockchain that connects to the Relay Chain and operates in parallel to other parachains
Answer 3. The inability of blockchains to communicate with each other
Lesson 3: Who decides the future of Polkadot
Answer 1. People who hold DOT token
Answer 2. A pot of tokens that can be used to support projects that benefit the network
Answer 3. It’s governed by a community through voting
Lesson 4: DOT Token
Answer 1. DOT
Answer 2. Helping secure the network by locking up DOT tokens, in return for a reward in DOT tokens
Answer 3. Locking up tokens in order to secure a slot for your parachain on the relay chain
Lesson 5: Polkadot and its uses
Answer 1. NFTs, DeFi, powering smart cities
Answer 2. Polkadot apps don’t need to rely on a middleman to work, and can keep your data safer
Answer 3. Via the Relay Chain
Revolut Crypto Learn Answers: iExec
Give the following answers to the Revolut iExec Learn & Earn Quiz
Answer 1. All of the above
Answer 2. As the method of exchange on the iExec marketplace, and to secure the platform
Answer 3. All of the above
Answer 4. Web3 users interact using crypto wallets
Answer 5. Web3Mail
Answer 6. It enables users to monetise receiving emails while preserving their privacy
Revolut Crypto Learn Answers: Crypto Basics
Give the following answers to the Revolut Crypto Basics Learn & Earn Quiz
Lesson 1: Crypto vs fiat
Answer 1. Government-issued money
Answer 2. Cryptocurrencies are decentralised, fiat money is controlled by a central authority
Answer 3. Special users called ‘miners’ or ‘validators’
Lesson 2: Cryptography in crypto
Answer 1. It removes the need for a central authority, prevents double spending, and adds security
Answer 2. A public key is like your account number and your private key is like your password
Answer 3. It’s impossible to work out someone’s private key by looking at their public key
Lesson 3: Basics of blockchain
Answer 1. A decentralised database
Answer 2. Anyone with a computer and internet
Answer 3. It’s not controlled by a central party and can be viewed by anyone
Lesson 4: Risks of crypto
Answer 1. None — crypto is not regulated in most countries around the world
Answer 2. Everything — your investment could go to zero
Answer 3. When you are in debt, or you cannot afford to lose the money you invested
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The cryptocurrency market is one of the fastest-growing markets today and has become a popular option for those looking to diversify their portfolios, by using Revolut Crypto Learn, you can get some free crypto by learning about crypto. If you need help answering the questions, you can also use our Revolut Crypto Learn Answers.
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