Crypto Test

1. What is the main difference between a coin and a token?

Tokens are always safer Coins cannot be traded Tokens are physical Coins have their own blockchain; tokens use another blockchain

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

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

3. What is blockchain technology?

A bank account A trading app A decentralized digital ledger A credit card network

4. What is a blockchain transaction confirmation?

Network verification that a transaction has been added to the blockchain A bank refund A password reset A stock split

5. What are validators?

Stock analysts Network participants who verify transactions Credit card users Bank tellers

6. What is a whitepaper in crypto?

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

7. What is phishing in crypto?

A blockchain fee A staking reward A scam that tricks users into giving passwords or private keys A wallet upgrade

8. What is crypto volatility?

A government guarantee Large and frequent price movements A fixed price forever A wallet backup

9. What is liquidity in crypto?

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

10. What are crypto transaction fees used for?

Buying insurance Paying bank rent Paying stock dividends Paying network validators or miners

11. What does HODL mean?

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

12. What is slippage?

The difference between expected price and actual execution price A tax credit A staking reward A wallet password

13. 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

14. What is network activity?

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

15. What is scarcity in crypto?

Limited supply compared to demand Unlimited free coins A trading password Low internet speed

16. What is DeFi?

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

17. What does decentralization mean?

Only banks control the network The government owns all coins Only one person controls it No single central authority controls the network

18. What is two-factor authentication?

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

19. What is a crypto wallet?

A leather wallet A bank vault A tool used to access and manage crypto A stock brokerage license

20. What is dollar-cost averaging?

Investing a fixed amount regularly over time Buying everything at once Selling after every dip Using only borrowed money

21. What is peer-to-peer payment?

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

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

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

23. What is a crypto token?

A digital asset built on another blockchain A physical coin A bank account A stock dividend

24. Why should private keys never be shared?

Anyone with the key can control the crypto They expire daily They are only for taxes They are public information

25. What is a rug pull?

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