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. Why should private keys never be shared? They are public information Anyone with the key can control the crypto They expire daily They are only for taxes 2. What is dollar-cost averaging? Investing a fixed amount regularly over time Using only borrowed money Buying everything at once Selling after every dip 3. 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 4. What is blockchain technology? A bank account A decentralized digital ledger A credit card network A trading app 5. What is slippage? A wallet password A staking reward A tax credit The difference between expected price and actual execution price 6. Why do blockchains need miners or validators? To delete wallets To create bank loans To verify transactions and secure the network To control stock prices 7. What are crypto transaction fees used for? Paying bank rent Buying insurance Paying stock dividends Paying network validators or miners 8. What is a crypto wallet? A stock brokerage license A bank vault A tool used to access and manage crypto A leather wallet 9. 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 10. What is a blockchain transaction confirmation? A stock split A bank refund Network verification that a transaction has been added to the blockchain A password reset 11. What is crypto volatility? A government guarantee A fixed price forever A wallet backup Large and frequent price movements 12. What is market capitalization in crypto? Token price multiplied by circulating supply Total number of wallets only Daily trading fee The founder’s salary 13. What is two-factor authentication? A type of coin An extra security step beyond a password A tax form A blockchain fee 14. Why was Bitcoin created? To create credit cards To control inflation by banks To replace all stocks To allow peer-to-peer digital payments without relying on banks 15. What is a bull market? A period when prices never move A period when prices generally rise A period when wallets close A period when exchanges disappear 16. What is a hot wallet? A wallet stored in a freezer A stock account A government wallet A wallet connected to the internet 17. What is a crypto exchange? A platform where users buy, sell, or trade crypto A mining computer A cold wallet only A tax agency 18. Why is investing based only on hype dangerous? Hype protects wallets Hype can disappear quickly and prices can crash Hype guarantees value Hype removes risk 19. What is a stablecoin? A stock dividend A crypto designed to track the value of another asset like the U.S. dollar A coin that always doubles A mining machine 20. What is staking? Locking crypto to help secure a network and possibly earn rewards Buying stocks Using leverage Printing money 21. What does immutable mean in blockchain? Coins become free Passwords reset automatically Records cannot easily be changed after confirmation Transactions disappear daily 22. What is a bear market? A period when prices generally fall A type of token A wallet security method A period of guaranteed profits 23. Why is developer activity important in crypto? It replaces private keys It removes scams It shows whether a project is being built and improved It guarantees price increases 24. What is cryptocurrency? A bank loan Digital money built on blockchain technology A stock certificate A physical coin 25. What is FOMO in crypto? Fast online money option Fixed open market operation Full ownership market order Fear of missing out Submit Test