Crypto Futures Test Crypto Futures Trading 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 a limit order in crypto futures? An order to buy or sell at a specific price or better An order that guarantees a winning trade A liquidation notice A blockchain transfer 2. What is revenge trading? Reducing risk Using a trading journal Taking profit at a planned target Trading emotionally after a loss to try to win money back quickly 3. What is trading volume? The number of wallets created The number of contracts traded during a period The exchange’s profit only A funding payment 4. Can crypto futures traders profit when prices fall? Yes, by shorting Only spot traders can profit Only miners can profit No, crypto only goes up 5. Why is emotional discipline important in crypto futures? It prevents price movement It removes funding fees It guarantees every trade wins Fast price movement and leverage can cause emotional mistakes 6. What is the mark price? A trader’s chosen nickname A dividend amount A fair price used by exchanges to help calculate liquidation A guaranteed entry price 7. What is margin in crypto futures? A tax refund Funds used to open and maintain a leveraged position A staking reward A blockchain wallet address 8. What is open interest in crypto futures? The number of wallets created The number of exchange employees The total number of open contracts in the market The amount of spot crypto owned 9. Why should traders pay attention to funding rates? Funding can affect the cost of holding a position Funding replaces stop losses Funding guarantees profit Funding removes liquidation risk 10. What is overleveraging? Buying spot crypto only Using no leverage Using a cold wallet Using too much leverage for account size or risk level 11. What is contract size in crypto futures? A mining difficulty level The amount of crypto exposure represented by a contract The size of a wallet seed phrase A tax bracket 12. What is risk-to-reward ratio? A funding rate schedule A comparison of potential loss to potential gain A wallet recovery phrase The price of Bitcoin only 13. Why do perpetual futures use funding rates? To guarantee profits To replace margin To eliminate volatility To keep futures prices aligned with spot market prices 14. Why are crypto futures considered high risk? They have no fees They guarantee income They never move They combine crypto volatility with leverage 15. Why should futures traders avoid risking too much on one trade? A single bad trade can cause major losses or liquidation It removes volatility It lowers exchange fees It guarantees higher returns 16. What is realized P&L? A wallet balance before trading Profit or loss after a position is closed Profit on an open position only A staking reward 17. What does going long mean in crypto futures? Closing an exchange account Buying spot only Selling a contract expecting price to fall Buying a contract expecting the crypto price to rise 18. What is leverage in crypto futures? A crypto wallet password Using borrowed exposure to control a larger position with less capital A guaranteed profit tool A blockchain gas fee 19. What are crypto futures? Contracts that allow traders to speculate on crypto prices without owning the actual crypto Stock dividends Bank savings accounts Physical Bitcoin coins 20. What is maintenance margin? The minimum margin required to keep a position open A crypto mining fee A guaranteed profit level A tax document 21. What is volatility in crypto futures? Large or frequent price movement A wallet setting A guaranteed profit system A fixed price forever 22. Why is leverage risky? It removes liquidation risk It amplifies both gains and losses It makes trades risk-free It guarantees income 23. What is a trailing stop? A stop order that moves with price to protect profit A funding fee A fixed wallet password A staking period 24. Why are highly liquid contracts preferred? They eliminate funding rates They remove liquidation risk They usually have tighter spreads and better execution They guarantee profits 25. What is the last price? The most recent traded price A guaranteed settlement price A funding fee A wallet password Submit Test