Revolut - Free money for doing quiz (Answers in thread)

Kingp35

Revolut are giving free DOT crypto for completing some quizzes. Takes about 5 mins and you can sell your coins immediately. I made €11.20.

Open Revolut

Select Crypto at the top

Scroll down to the Learn section and select see all.

Select the course. Once completed you can sell the coins for approx 11€.

Answers for questions as below:

Crypto vs Flat:

Q1 Government Issued

Q2 Decentralised

Q3 Miners or Validators

Cryptography in Crypto:

Q1 Removes the need for central authority

Q2 Account number…password

Q3 Impossible to work out

Basic of Blockchain:

Q1 Decentralised database

Q2 Anyone with computer

Q3 Not controlled by a central party

Risks of Crypto:

Q1 None

Q2 Everything

Q3 When in debt

Intro to Polkadot:

Q1 Slow transaction speeds

Q2 New web built around decentralised technologies

Q3 Allows multiple blockchains to communicate with each other

How Poladot Works:

Q1 Blockchain that connects other blockchains

Q2 Blockchain that connects to relay chain

Q3 Inability of blockchains to communicate

Who decides on the future of Polkadot:

Q1 People who hold DOT token

Q2 Pot of tokens to support projects

Q3 Governed by community through voting

DOT Tokens:

Q1 DOT

Q2 Helping secure the network

Q3 Locking up tokens to secure a slot

Polkadot and its uses:

Q1 NFTs, DeFi, smart cities

Q2 Dont need to rely on a middleman

Q3 Via relay chain

Extremely quick and easy money!

Nanoc

I did this a few months ago, my Dot is now worth €2.30 🤣

Anjunadeep

thanks for sharing

wassie

Best bargain of 2022 so far!

Kudos @Kingp35

Just sold my 1.3 DOTs for €11.50 - 29c fee = €11.21

Took about 6 minutes and the hardest part was working out how to sell the DOT for Euro!

TheWonderLlama

I got €11.49 in DOT. I'm rich!

Nice one, thanks for the heads up.

Kingp35

https://www.boards.ie/discussion/comment/119476938#Comment_119476938

😂You're definitely better off selling the coins straight away!

capefear

https://www.gfinityesports.com/cryptocurrency/revolut-crypto-quiz-answers/

Here are the answer to the quiz - Sorry didnt see the answers in the OP

wassie

For anyone considering holding into their DOT, you may need to wait a while. Of course past performance is no indicator of future returns...

Muahahaha

Fair play OP, saw this on Reddit last night and was going to throw it up here later. Whats not to like about free money, great BA.

Caranica

Converted mine into foreign currency for my holiday. Thanks OP

HBC08

https://www.boards.ie/discussion/comment/119476944#Comment_119476944

I've done the quiz but how do I sell?!

Edit,got it sorted,thanks for the heads up OP!

loyatemu

noice - 11.15 for skimming through a few videos.

https://www.boards.ie/discussion/comment/119477089#Comment_119477089

tap where it says "Polkadot" and choose sell.

kippy

https://www.boards.ie/discussion/comment/119476997#Comment_119476997

Back in the day, I am gonna guess 2012 or 2013 maybe a bit later there was a legendary thread on here, similar to this, all you needed to do was sign up to a site and you would get a number of the lumen crypto coin, which at the time had no value. Ended up with a few thousand of them over a few accounts I think. Kept it in wallets and being honest had forgotten about them. 2017 comes along and these coins ended up having value and were readable. Took a while to remember how to retrieve them etc but with the help of this site and people on it managed get them and sell them. Give or take received about 1500 euros for them....

I've gained lots from this site over the years in many ways but that's the most direct money I've gotten for it!

So while selling them straight away might make sense, wouldn't it be great if you kept hold of them, forgot about them and then years later were told their value had skyrocketed?

A great story to tell!

Not a fan of the crypto scene but theres money there if you get lucky with timing.

Ohmeha

Thanks for the free money dude, nomination secured for BA of the year awards 2022

danslevent

I don't seem to have a "learn" section on mine :/

homah_7ft

If you go to the hub section and access crypto from there you should see it.

danslevent

Even via the hub section it just seems to say "buy bitcoin and more" as the only option.

Paul MCM

Fair play thanks for that, a handy €11

wassie

https://www.boards.ie/discussion/comment/119477601#Comment_119477601

Helps if you hit the "Start" button.

gipi

https://www.boards.ie/discussion/comment/119477416#Comment_119477416

I didn't either when I first read about the quiz giveaway a month or so ago. It eventually appeared.

I'm guessing that it's being rolled out gradually to customers.

paddym1

Great find OP - €11.17 free money. Thank you.

SteelyDanJalapeno

Ya super ba, easy peasy 11 euro

It's interesting to see that OP's post already has more thanks than the original post from 4 month ago. Is this because people who swore that they would never use Boards again after the update have slowly started crawling back? Is OP one of these people? 😄

webpal

Not showing up for me, I still have the 4.50 in DOT from last time. Is it showing up for anyone who kept it too?

Caranica

https://www.boards.ie/discussion/comment/119478820#Comment_119478820

Wasn't showing up for me last time

https://www.boards.ie/discussion/comment/119478838#Comment_119478838

It didn't show up for me automatically then either. I had to agree to some stuff somewhere on the app first (can't remember where) and then type "learn" into the search box.

https://www.boards.ie/discussion/comment/119478828#Comment_119478828

It's the same one as before, you've already claimed it.

MayoForSam

Thanks OP, easy money. €11.47 for 5 minutes work, that's over €100 per hour. Pity no-one tells me the answers for the stupid online work training courses I have to do regularly like this.

ThoseSpikesAreSore

Yap. That was the same for me. I had to help my mam out and we couldn't work out how to do it on her phone. It was because she had a different version of the app from when I did it like.

I did it when it was posted and she did it in June when after we came home from holidays.

Poyndexter

Thanks OP. Just did it there.

If the learn section isn't showing up for anyone then you may need to update the app which is what I had to do.

Chris_5339762

Thanks for this, will do it now...

Just an FYI, in theory this is a taxable event that requires a return to Revenue.

ELM327

Thanks for the 11.20!

https://www.boards.ie/discussion/comment/119479886#Comment_119479886

They could argue its income, you could argue its capital. No capital gains tax due on gains less than €1270 in a year. Will Revenue chase us all for a CGT return for €11 gain, who knows.

Chris_5339762

Sorry - I shouldn't have set return as it is of course under the €1270. In theory you're supposed to declare it, anyway.

shmeee

Took about 5 mins or so.

Literally FREE money.

Sold the DOT for €11.17.

Very simple.

Thanks OP!

https://www.boards.ie/discussion/comment/119479934#Comment_119479934

Ah no fair play for highlighting it. And you could technically say its income, not capital. If Revenue chase this down the country has much bigger problems, but they do work in mysterious ways.

tossy

Nice one OP I'm not crypto savvy is it worth leaving it alone and see what happens or is it better value to take the 11 odd Euro and run, a quick google tells me it was worth over 50 euro a year ago.

How Soon Is Now

Nice one OP money money money!

Alonzo Mosley

Super tip OP best bargain alert ever !!!!!

Captain_Crash

Easy money, thank you very much!

0ph0rce0

Just having a pint at the bar here and took me 5 mins.

Just paid for my next two 😁

KathleenGrant

Thanks a million OP.

How do I take it out now and put it in cash balance?

It's grand. got it.

Thanks again OP

mumo3

https://www.boards.ie/discussion/comment/119480453#Comment_119480453

any chance of telling me... ive no idea how to either sell it, or just transfer it

Edit... got it 😂

omega42

Got 11.19 WAHOO

as an FYI with the op's answers you can just scroll to the end of the page straight away and take the quiz. For the Videos you can fast-forward them to the end and then take the quiz.

Is this just a ploy to drive up the price of the crypto currency? The currency is trading up over the lst few days, a month ago it was trading at 6.9343 and now its 8.6227. I get the feeling that revolut are holding the currency themselves

https://www.boards.ie/discussion/comment/119481179#Comment_119481179

Is this just a ploy to drive up the price of the crypto currency? The currency is trading up over the lst few days, a month ago it was trading at 6.9343 and now its 8.6227. I get the feeling that revolut are holding the currency themselves

No, the offer's been available for about 4 months, and similar offers often pop up elsewhere, e.g. Coinbase and the likes.

Trigger Happy

Thanks OP! A great bargain alert.

nemefuria

Thanks OP! Not only for the alert to the bargain but went through the trouble of providing the answers. Much appreciated.

KilOit

https://www.boards.ie/discussion/comment/119481261#Comment_119481261

I had great fun playing with the Coinbase free money in 2020-2021 traded free 15€ to over 300€, considered it play money, and just bought dips then sold into usdc on pumps and repeated the process. got bored mid-2021 and just left it there

gussieg

Just came into say thanks this will make-up for the money I lost buying doge.😁

jamesd

Thank you.

podgeandrodge

https://www.boards.ie/discussion/comment/119480029#Comment_119480029

Doh! I did it after trying to get the answers, got my €11.15 after 20 mins and then saw all the answers were on here! Anyway, easy money!