Binance Course 5 Trading Fundamentals Quiz Answers

Binance Course 5 Trading Fundamentals Quiz Answers

Binance dropped a new course and it is available now for completion. Go through the Binance course 5 trading fundamentals quiz answers and complete your course now.

Also I have added the remaining courses quiz answers on beginner track, links are below. Binance fifth course talks about trading, investing, market trends, analysis and psychology impact on market.

Investing is like buying a house or car. You do a research and select an asset that you believe in and keep it for a long time, hoping that its value will grow over time but trading is more like buying and selling assets frequently, that gives short profits.

A lot of time, practice and strategies are required to become a good trader and it is risky, everybody knows that, but if you are a beginner then the easiest and safest option is investing.

How To Complete Binance Course 5?

  1. Click here and you will land on Binance course 5 page.
  2. Login to your account via mobile or email id.
  3. There are 5 modules under the trading fundamentals course.
  4. Watch videos and read articles.
  5. Take the quiz and complete the course.
  6. Binance course 5 trading fundamentals quiz answers are given below.

Binance Trading Fundamentals Quiz Answers

  • Module 1: What is trading and investing

What is the key difference between investing and trading?

Answer: Both investing and trading aim to get a return on an investment, but trading does it over a much shorter period

  • Module 2: What are fundamental analysis and technical analysis?

Which of the following statement(s) is/are correct?

Answer: Combining fundamental and technical analysis can reduce risks and improve your analysis

  • Module 3: Utilizing fundamental and technical analysis

Which of the following statements is/are correct?

Answer: Option a and b

  • Module 4: Understanding market trends and cycles

In a bearish market trend, the price is:

Answer: Mainly decreasing

  • Module 5: How does psychology impact the market

Which of the following statements is/are correct?

Answer: Option a, b and c

Other Binance Academy Courses

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