Crypto Test

1. What happens if you lose your private key?

The bank resets it The blockchain emails it to you The government restores it You may permanently lose access to your crypto

2. Which wallet type is generally more secure for long-term storage?

Cold wallet Hot wallet Exchange wallet only Email wallet

3. What are crypto transaction fees used for?

Paying network validators or miners Paying stock dividends Paying bank rent Buying insurance

4. Why are meme coins considered risky?

They can be highly speculative and hype-driven They never change price They are always backed by banks They cannot lose value

5. What is a hot wallet?

A stock account A wallet stored in a freezer A wallet connected to the internet A government wallet

6. What is scarcity in crypto?

Unlimited free coins Low internet speed Limited supply compared to demand A trading password

7. What is peer-to-peer payment?

Trading stocks Paying only through a bank branch Using only cash Sending value directly between users

8. What is a crypto exchange?

A tax agency A platform where users buy, sell, or trade crypto A cold wallet only A mining computer

9. What is FOMO in crypto?

Fixed open market operation Fast online money option Fear of missing out Full ownership market order

10. What is crypto volatility?

A fixed price forever A wallet backup Large and frequent price movements A government guarantee

11. What is crypto adoption?

More people, businesses, or institutions using crypto A password reset process A trading fee A blockchain error

12. Why is developer activity important in crypto?

It replaces private keys It guarantees price increases It shows whether a project is being built and improved It removes scams

13. What is a cold wallet?

A wallet stored offline A crypto exchange password A bank app A wallet connected to Wi-Fi

14. 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

15. What are validators?

Stock analysts Credit card users Bank tellers Network participants who verify transactions

16. What is a bear market?

A wallet security method A period when prices generally fall A type of token A period of guaranteed profits

17. What is a seed phrase?

A trading signal A tax code A coin logo A recovery phrase used to restore wallet access

18. What is two-factor authentication?

A tax form A blockchain fee A type of coin An extra security step beyond a password

19. What is a public ledger?

A visible record of transactions A private bank statement A company payroll list A password manager

20. What is crypto mining?

Printing cash Digging physical coins Creating bank accounts Using computing power to validate transactions on some blockchains

21. What is staking?

Printing money Using leverage Buying stocks Locking crypto to help secure a network and possibly earn rewards

22. What is the risk of keeping all funds on an exchange?

The exchange could be hacked, frozen, or fail Crypto becomes risk-free The funds become FDIC insured automatically Private keys become stronger

23. What is a rug pull?

A scam where project creators take funds and abandon the project A safe wallet backup A blockchain upgrade A normal bank transfer

24. What is a meme coin?

A bank coin A stable savings account A government bond A crypto often driven by community, humor, or hype

25. What does HODL mean?

Borrowing crypto Holding crypto long-term despite volatility Mining with leverage Selling every day