Crypto Futures Test

1. What is realized P&L?

A wallet balance before trading Profit or loss after a position is closed A staking reward Profit on an open position only

2. If a trader uses 10x leverage, what does that mean?

$1,000 becomes guaranteed profit $1,000 can control about $10,000 of exposure The exchange pays the trader 10% daily Risk disappears

3. What is risk-to-reward ratio?

A comparison of potential loss to potential gain The price of Bitcoin only A funding rate schedule A wallet recovery phrase

4. What are crypto futures?

Contracts that allow traders to speculate on crypto prices without owning the actual crypto Physical Bitcoin coins Stock dividends Bank savings accounts

5. What is the main difference between spot crypto and crypto futures?

Futures means owning physical Bitcoin Spot means owning crypto; futures means trading a contract Spot uses leverage only There is no difference

6. Why are crypto futures considered high risk?

They never move They guarantee income They have no fees They combine crypto volatility with leverage

7. What is slippage?

A blockchain wallet When the execution price differs from the expected price A guaranteed profit A tax refund

8. 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

9. What is cross margin?

Margin limited to only one position Margin shared across the account to support open positions A crypto tax form A blockchain confirmation

10. What is liquidity in crypto futures?

How cold a wallet is How many social media followers a coin has How easily a contract can be bought or sold without major price impact How many passwords are used

11. What does going long mean in crypto futures?

Buying spot only Buying a contract expecting the crypto price to rise Selling a contract expecting price to fall Closing an exchange account

12. Why is liquidation dangerous?

It removes risk A trader can lose most or all margin in the position It guarantees a better entry It creates free profit

13. What is a funding rate?

A fixed tax rate A staking reward always paid by the exchange A periodic payment between long and short traders in perpetual futures A bank loan rate only

14. What is initial margin?

The amount needed to open a futures position A wallet recovery phrase A trading fee only The final profit

15. What is liquidation in crypto futures?

When a trader receives a dividend When spot crypto is transferred When Bitcoin is mined When the exchange automatically closes a position because losses are too high

16. Which margin mode can risk more of the account balance?

Cold wallet margin Cross margin No margin Isolated margin

17. What is the mark price?

A guaranteed entry price A dividend amount A fair price used by exchanges to help calculate liquidation A trader’s chosen nickname

18. What is unrealized P&L?

A blockchain fee Profit already withdrawn only A tax refund Profit or loss on an open position that has not been closed

19. What is the last price?

A funding fee A guaranteed settlement price The most recent traded price A wallet password

20. What is revenge trading?

Using a trading journal Reducing risk Trading emotionally after a loss to try to win money back quickly Taking profit at a planned target

21. What does going short mean in crypto futures?

Holding only stablecoins Mining Bitcoin Buying a contract expecting price to rise Selling a contract expecting the crypto price to fall

22. What is a take-profit order?

A tax payment An order designed to close a position at a target profit A liquidation warning A blockchain confirmation

23. What is contract size in crypto futures?

The size of a wallet seed phrase A mining difficulty level A tax bracket The amount of crypto exposure represented by a contract

24. What is margin in crypto futures?

A tax refund A staking reward Funds used to open and maintain a leveraged position A blockchain wallet address

25. Who pays funding when the funding rate is negative?

No one pays The exchange pays everyone Shorts usually pay longs Longs always pay shorts