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 happens if you lose your private key? The bank resets it The government restores it The blockchain emails it to you You may permanently lose access to your crypto 2. What is a bear market? A wallet security method A period of guaranteed profits A period when prices generally fall A type of token 3. What is the risk of keeping all funds on an exchange? The exchange could be hacked, frozen, or fail The funds become FDIC insured automatically Crypto becomes risk-free Private keys become stronger 4. What is a bull market? A period when exchanges disappear A period when prices generally rise A period when wallets close A period when prices never move 5. What is phishing in crypto? A blockchain fee A wallet upgrade A scam that tricks users into giving passwords or private keys A staking reward 6. What is circulating supply? The total number of exchanges The project’s website traffic The number of miners only The amount of coins or tokens currently available in the market 7. What is a stablecoin? A stock dividend A coin that always doubles A mining machine A crypto designed to track the value of another asset like the U.S. dollar 8. 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 9. What is a private key? A public username A bank routing number A broker fee A secret code that gives access to crypto 10. What is a hot wallet? A wallet stored in a freezer A stock account A wallet connected to the internet A government wallet 11. Why does token supply matter? Supply removes risk Supply controls private keys Supply can affect scarcity and price behavior Supply guarantees profit 12. What is cryptocurrency? A physical coin Digital money built on blockchain technology A bank loan A stock certificate 13. What are validators? Network participants who verify transactions Credit card users Stock analysts Bank tellers 14. What is peer-to-peer payment? Using only cash Paying only through a bank branch Trading stocks Sending value directly between users 15. What is scarcity in crypto? Low internet speed Unlimited free coins A trading password Limited supply compared to demand 16. What is a crypto wallet? A bank vault A stock brokerage license A tool used to access and manage crypto A leather wallet 17. Why should private keys never be shared? They are public information They are only for taxes Anyone with the key can control the crypto They expire daily 18. Why is diversification important in crypto? It reduces dependence on one asset It removes taxes It stops volatility It guarantees profits 19. What does immutable mean in blockchain? Transactions disappear daily Coins become free Passwords reset automatically Records cannot easily be changed after confirmation 20. What is staking? Buying stocks Locking crypto to help secure a network and possibly earn rewards Printing money Using leverage 21. What is the main risk of sending crypto to the wrong address? The transaction may be irreversible The exchange doubles it The wallet returns it instantly The bank cancels it automatically 22. What is a meme coin? A government bond A bank coin A crypto often driven by community, humor, or hype A stable savings account 23. What is a seed phrase? A coin logo A tax code A trading signal A recovery phrase used to restore wallet access 24. Why is developer activity important in crypto? It replaces private keys It guarantees price increases It removes scams It shows whether a project is being built and improved 25. What is liquidity in crypto? How easily an asset can be bought or sold without major price impact How many passwords exist How cold a wallet is How many emails a project sends Submit Test