Crypto Test

1. What is a meme coin?

A stable savings account A crypto often driven by community, humor, or hype A bank coin A government bond

2. Why should investors verify project legitimacy?

To increase transaction fees To avoid learning To guarantee profits To reduce the risk of scams and poor projects

3. What is a cold wallet?

A wallet stored offline A crypto exchange password A wallet connected to Wi-Fi A bank app

4. What is market capitalization in crypto?

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

5. What is liquidity in crypto?

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

6. What is crypto volatility?

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

7. Why does token supply matter?

Supply can affect scarcity and price behavior Supply guarantees profit Supply removes risk Supply controls private keys

8. What is a crypto coin?

A banknote A company share A cryptocurrency with its own blockchain A token built only on Ethereum

9. What is Bitcoin?

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

10. What is a private key?

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

11. What is cryptocurrency?

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

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

Hot wallet Email wallet Cold wallet Exchange wallet only

13. Why is diversification important in crypto?

It stops volatility It removes taxes It guarantees profits It reduces dependence on one asset

14. Why do blockchains need miners or validators?

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

15. What is peer-to-peer payment?

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

16. What is a public ledger?

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

17. Why was Bitcoin created?

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

18. Why should a seed phrase be stored offline?

To reduce hacking and phishing risk To share it publicly To increase exchange fees To make coins disappear

19. Why is developer activity important in crypto?

It replaces private keys It shows whether a project is being built and improved It removes scams It guarantees price increases

20. What is phishing in crypto?

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

21. What does a crypto wallet actually store?

Physical coins Stock certificates Bank checks Private keys and access credentials

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

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

23. What does immutable mean in blockchain?

Transactions disappear daily Coins become free Passwords reset automatically Records cannot easily be changed after confirmation

24. What is a hot wallet?

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

25. What is a seed phrase?

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