Crypto Test Crypto Knowledge Test Instructions: Answer all 25 questions. Each question is worth 4 points. Total score: 100 points. Attempt Limit: You may take this test up to 3 times using the same email address. Student Name Student Email 1. What is the risk of keeping all funds on an exchange? Private keys become stronger The exchange could be hacked, frozen, or fail The funds become FDIC insured automatically Crypto becomes risk-free 2. What is a crypto token? A bank account A physical coin A digital asset built on another blockchain A stock dividend 3. Why should a seed phrase be stored offline? To share it publicly To reduce hacking and phishing risk To increase exchange fees To make coins disappear 4. What is crypto volatility? Large and frequent price movements A fixed price forever A government guarantee A wallet backup 5. What is a cold wallet? A bank app A wallet stored offline A wallet connected to Wi-Fi A crypto exchange password 6. What is a crypto exchange? A tax agency A mining computer A platform where users buy, sell, or trade crypto A cold wallet only 7. What does decentralization mean? Only banks control the network The government owns all coins Only one person controls it No single central authority controls the network 8. Why should private keys never be shared? They are public information They expire daily Anyone with the key can control the crypto They are only for taxes 9. What is peer-to-peer payment? Sending value directly between users Trading stocks Paying only through a bank branch Using only cash 10. What is FOMO in crypto? Fear of missing out Fixed open market operation Full ownership market order Fast online money option 11. What is a rug pull? A safe wallet backup A blockchain upgrade A scam where project creators take funds and abandon the project A normal bank transfer 12. What is a whitepaper in crypto? A wallet seed phrase A document explaining a project’s purpose, technology, and plan A bank statement A tax bill 13. What is two-factor authentication? A type of coin A tax form An extra security step beyond a password A blockchain fee 14. What is a crypto wallet? A tool used to access and manage crypto A bank vault A stock brokerage license A leather wallet 15. What are validators? Bank tellers Network participants who verify transactions Stock analysts Credit card users 16. What is market capitalization in crypto? The founder’s salary Total number of wallets only Daily trading fee Token price multiplied by circulating supply 17. What is crypto adoption? A password reset process A trading fee A blockchain error More people, businesses, or institutions using crypto 18. Why should investors verify project legitimacy? To reduce the risk of scams and poor projects To increase transaction fees To guarantee profits To avoid learning 19. What is a bear market? A wallet security method A period when prices generally fall A type of token A period of guaranteed profits 20. What is liquidity in crypto? How cold a wallet is How easily an asset can be bought or sold without major price impact How many emails a project sends How many passwords exist 21. What is network activity? Usage of a blockchain, such as transactions and wallet activity A TV network schedule A company’s office activity A bank holiday list 22. What is a seed phrase? A tax code A recovery phrase used to restore wallet access A coin logo A trading signal 23. Why do blockchains need miners or validators? To verify transactions and secure the network To control stock prices To create bank loans To delete wallets 24. What is the main difference between a coin and a token? Tokens are always safer Tokens are physical Coins cannot be traded Coins have their own blockchain; tokens use another blockchain 25. What is circulating supply? The number of miners only The project’s website traffic The amount of coins or tokens currently available in the market The total number of exchanges Submit Test