Answers to Dropee Question of the Day November 12, Claim Your Prize!

Bittime - The latest Dropee Daily Question for November 12 is out with the question "What does DEX stand for?". What's the answer? Check out the review in this article!

These questions are designed to test users' knowledge and understanding of the latest trends and developments in the world of cryptocurrency. Come on, continue following this article to find out the answer to this question.

What is Dropee?

Dropee is a crypto-based gaming platform that combines a “tap-to-earn” mechanism with airdrops, allowing users to earn crypto rewards through simple gameplay. 

In Dropee, players can increase their tokens by tapping the screen, completing daily missions, and participating in seasonal challenges to earn exclusive airdrops. 

Read also: City Holder Daily Combo 12 November, Klaim Reward-mu!

What is Dropee Daily Question?

Dropee Daily Question is a feature where users are given daily questions related to the world of crypto. 

By answering this question, users have the opportunity to get rewards in the form of tokens or other prizes. 

To participate, users simply log in to the Dropee platform, head to the 'Daily Challenge' section, and answer the provided questions. 

The correct answer will give you points or tokens which can be collected and exchanged according to applicable regulations.

Latest Dropee Daily Questions 12 November 2024 Today

The question Today's Dropee Daily Question is: What does DEX stand for?  

So, here is the answer to that question: Decentralized Exchange

Enter the answer in the column provided. If so, you can immediately claim millions of additional coins. Congratulations!

Read also: Update Tomarket Listing Info, Here's What You Need to Know

What is DEX?

Decentralized Exchange (DEX) is a crypto asset exchange platform that operates in a decentralized manner. This means that DEXs do not have a central entity that controls the platform and transactions. 

In DEX, users connect directly with each other to buy and sell crypto assets, without the need for intermediaries like conventional crypto exchanges (CEX).

DEX operates using blockchain technology and smart contracts. Transactions that occur on DEX are recorded and validated by the blockchain network, thereby ensuring security and transparency. Here's a brief overview of how DEX works:

1. Crypto Wallet Installation: Users connect their personal crypto wallets to the DEX.

2. Selecting Trading Pairs: Users select the crypto asset they want to buy and the crypto asset they want to use to buy (trading pair).

3. Order Execution: Users create buy or sell orders according to the selected trading pair.

4. Smart Contract: The order is executed via a smart contract that has been defined on the blockchain.

5. Transaction Matching: The DEX system automatically looks for other users who want to make the opposite transaction, so that a buy-sell agreement occurs.

6. Transaction Recording: Successful transactions are recorded and validated by the blockchain network.

Conclusion

Dropee presents an innovative concept in the crypto world through a tap-to-earn based platform that allows users to earn rewards while learning.

With features like Dropee Daily Question, users can test their knowledge and deepen their understanding of the latest trends and developments in the world of cryptocurrency. 

The platform offers players the opportunity to earn crypto tokens through simple activities, such as answering questions and completing daily missions, further enriching the experience and educational value.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.