Crypto Test

1. Why was Bitcoin created?

To replace all stocks To create credit cards To allow peer-to-peer digital payments without relying on banks To control inflation by banks

2. What is the risk of keeping all funds on an exchange?

Private keys become stronger Crypto becomes risk-free The funds become FDIC insured automatically The exchange could be hacked, frozen, or fail

3. What is a public ledger?

A visible record of transactions A private bank statement A company payroll list A password manager

4. What is liquidity in crypto?

How many passwords exist How many emails a project sends How cold a wallet is How easily an asset can be bought or sold without major price impact

5. What is the main risk of sending crypto to the wrong address?

The exchange doubles it The transaction may be irreversible The wallet returns it instantly The bank cancels it automatically

6. What is cryptocurrency?

A stock certificate A bank loan A physical coin Digital money built on blockchain technology

7. What is crypto adoption?

A trading fee More people, businesses, or institutions using crypto A password reset process A blockchain error

8. What is Bitcoin?

A government currency A bank-owned app The first major cryptocurrency A stock exchange

9. What is a bear market?

A type of token A period when prices generally fall A period of guaranteed profits A wallet security method

10. Why do blockchains need miners or validators?

To control stock prices To verify transactions and secure the network To create bank loans To delete wallets

11. What is a private key?

A secret code that gives access to crypto A broker fee A bank routing number A public username

12. What does HODL mean?

Holding crypto long-term despite volatility Mining with leverage Borrowing crypto Selling every day

13. What is a bull market?

A period when exchanges disappear A period when wallets close A period when prices generally rise A period when prices never move

14. What is market capitalization in crypto?

Token price multiplied by circulating supply Daily trading fee Total number of wallets only The founder’s salary

15. What is peer-to-peer payment?

Trading stocks Using only cash Sending value directly between users Paying only through a bank branch

16. What is a hot wallet?

A government wallet A stock account A wallet connected to the internet A wallet stored in a freezer

17. What is a crypto exchange?

A mining computer A cold wallet only A tax agency A platform where users buy, sell, or trade crypto

18. Why are meme coins considered risky?

They never change price They can be highly speculative and hype-driven They cannot lose value They are always backed by banks

19. What is a rug pull?

A safe wallet backup A scam where project creators take funds and abandon the project A normal bank transfer A blockchain upgrade

20. What is a whitepaper in crypto?

A bank statement A document explaining a project’s purpose, technology, and plan A wallet seed phrase A tax bill

21. What is network activity?

A company’s office activity A bank holiday list A TV network schedule Usage of a blockchain, such as transactions and wallet activity

22. What is DeFi?

A bank branch A government loan Decentralized finance applications built on blockchain A stock exchange holiday

23. What is two-factor authentication?

A tax form An extra security step beyond a password A type of coin A blockchain fee

24. Which wallet type is generally more secure for long-term storage?

Cold wallet Exchange wallet only Hot wallet Email wallet

25. What is a seed phrase?

A recovery phrase used to restore wallet access A trading signal A tax code A coin logo