Now that you have gone through the section about performing swaps on the Minswap DEX, you should be more than proficient enough to pass your quiz!
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Question 1 of 10
1. Question
Why would you use a decentralised exchange as opposed to a centralised exchange like Coinbase or Binance. There is more than one correct answer.
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Question 2 of 10
2. Question
Choose the correct definition of slippage in relation to trading on a decentralised exchange.
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Question 3 of 10
3. Question
In what situation would you want to change the slippage tolerance on your trade?
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Question 4 of 10
4. Question
For a user that hasn’t modified their slippage tolerance before on their account, what is the default slippage tolerance rate set to? There are multiple options to chose but select the correct answer is the default option that is automatically set for all users that is deemed suitable for the majority of trades.
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Question 5 of 10
5. Question
Choose the best definition of.price impact!
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Question 6 of 10
6. Question
What should a trade look out for to help them avoid price impact?
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Question 7 of 10
7. Question
Choose the best answer to define batching on Minswap.
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Question 8 of 10
8. Question
How do you optimise your orders to get them processed by the batching process?
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Question 9 of 10
9. Question
What is a limit order, choose the best answer.
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Question 10 of 10
10. Question
When would you use a limit order?
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