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 FOMO in crypto? Fast online money option Fear of missing out Full ownership market order Fixed open market operation 2. Why is diversification important in crypto? It removes taxes It reduces dependence on one asset It stops volatility It guarantees profits 3. What is a crypto token? A physical coin A bank account A stock dividend A digital asset built on another blockchain 4. What is a bull market? A period when prices generally rise A period when wallets close A period when prices never move A period when exchanges disappear 5. What is crypto volatility? A government guarantee Large and frequent price movements A fixed price forever A wallet backup 6. Why does token supply matter? Supply removes risk Supply can affect scarcity and price behavior Supply controls private keys Supply guarantees profit 7. What is liquidity in crypto? How many passwords exist How many emails a project sends How easily an asset can be bought or sold without major price impact How cold a wallet is 8. Why should a seed phrase be stored offline? To make coins disappear To share it publicly To increase exchange fees To reduce hacking and phishing risk 9. Which wallet type is generally more secure for long-term storage? Cold wallet Exchange wallet only Hot wallet Email wallet 10. What is the main risk of sending crypto to the wrong address? The transaction may be irreversible The exchange doubles it The bank cancels it automatically The wallet returns it instantly 11. What are validators? Credit card users Network participants who verify transactions Bank tellers Stock analysts 12. What is a whitepaper in crypto? A bank statement A tax bill A wallet seed phrase A document explaining a project’s purpose, technology, and plan 13. What is a cold wallet? A wallet connected to Wi-Fi A bank app A wallet stored offline A crypto exchange password 14. What is a crypto exchange? A platform where users buy, sell, or trade crypto A mining computer A cold wallet only A tax agency 15. What is market capitalization in crypto? Token price multiplied by circulating supply The founder’s salary Total number of wallets only Daily trading fee 16. What is a crypto wallet? A bank vault A tool used to access and manage crypto A leather wallet A stock brokerage license 17. What is slippage? The difference between expected price and actual execution price A wallet password A staking reward A tax credit 18. What is a bear market? A type of token A wallet security method A period of guaranteed profits A period when prices generally fall 19. Why are meme coins considered risky? They are always backed by banks They never change price They can be highly speculative and hype-driven They cannot lose value 20. 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 21. What is crypto mining? Using computing power to validate transactions on some blockchains Digging physical coins Creating bank accounts Printing cash 22. What is DeFi? A government loan A bank branch A stock exchange holiday Decentralized finance applications built on blockchain 23. What is a hot wallet? A wallet connected to the internet A wallet stored in a freezer A government wallet A stock account 24. What is the main difference between a coin and a token? Tokens are physical Coins cannot be traded Tokens are always safer Coins have their own blockchain; tokens use another blockchain 25. What is a seed phrase? A recovery phrase used to restore wallet access A tax code A trading signal A coin logo Submit Test