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. Why should a seed phrase be stored offline? To increase exchange fees To reduce hacking and phishing risk To share it publicly To make coins disappear 2. Why is investing based only on hype dangerous? Hype guarantees value Hype can disappear quickly and prices can crash Hype protects wallets Hype removes risk 3. What is crypto volatility? A wallet backup A government guarantee Large and frequent price movements A fixed price forever 4. What is the main risk of sending crypto to the wrong address? The bank cancels it automatically The transaction may be irreversible The exchange doubles it The wallet returns it instantly 5. What are validators? Network participants who verify transactions Stock analysts Credit card users Bank tellers 6. What is network activity? A bank holiday list Usage of a blockchain, such as transactions and wallet activity A TV network schedule A company’s office activity 7. What is a crypto coin? A banknote A token built only on Ethereum A company share A cryptocurrency with its own blockchain 8. Why is diversification important in crypto? It stops volatility It reduces dependence on one asset It guarantees profits It removes taxes 9. Why do blockchains need miners or validators? To delete wallets To create bank loans To verify transactions and secure the network To control stock prices 10. What does HODL mean? Holding crypto long-term despite volatility Borrowing crypto Selling every day Mining with leverage 11. What is scarcity in crypto? A trading password Limited supply compared to demand Unlimited free coins Low internet speed 12. Why should investors verify project legitimacy? To increase transaction fees To guarantee profits To avoid learning To reduce the risk of scams and poor projects 13. What is market capitalization in crypto? Daily trading fee Total number of wallets only The founder’s salary Token price multiplied by circulating supply 14. What is a whitepaper in crypto? A bank statement A wallet seed phrase A document explaining a project’s purpose, technology, and plan A tax bill 15. What is blockchain technology? A decentralized digital ledger A trading app A credit card network A bank account 16. 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 17. What is circulating supply? The amount of coins or tokens currently available in the market The total number of exchanges The project’s website traffic The number of miners only 18. What is a hot wallet? A wallet stored in a freezer A stock account A government wallet A wallet connected to the internet 19. What does immutable mean in blockchain? Coins become free Records cannot easily be changed after confirmation Passwords reset automatically Transactions disappear daily 20. Why should private keys never be shared? They are public information They expire daily They are only for taxes Anyone with the key can control the crypto 21. What is the main difference between a coin and a token? Coins cannot be traded Tokens are always safer Tokens are physical Coins have their own blockchain; tokens use another blockchain 22. What is peer-to-peer payment? Trading stocks Paying only through a bank branch Sending value directly between users Using only cash 23. What is a cold wallet? A wallet connected to Wi-Fi A crypto exchange password A wallet stored offline A bank app 24. Why is developer activity important in crypto? It replaces private keys It shows whether a project is being built and improved It guarantees price increases It removes scams 25. What is DeFi? A stock exchange holiday Decentralized finance applications built on blockchain A government loan A bank branch Submit Test