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 is developer activity important in crypto? It removes scams It replaces private keys It guarantees price increases It shows whether a project is being built and improved 2. What is a crypto exchange? A tax agency A platform where users buy, sell, or trade crypto A cold wallet only A mining computer 3. 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 4. What is a bull market? A period when exchanges disappear A period when prices never move A period when prices generally rise A period when wallets close 5. What does a crypto wallet actually store? Physical coins Stock certificates Private keys and access credentials Bank checks 6. What is a public ledger? A visible record of transactions A password manager A private bank statement A company payroll list 7. What is a crypto token? A stock dividend A digital asset built on another blockchain A physical coin A bank account 8. What is a hot wallet? A stock account A wallet connected to the internet A wallet stored in a freezer A government wallet 9. What is Bitcoin? A stock exchange A bank-owned app A government currency The first major cryptocurrency 10. What is dollar-cost averaging? Selling after every dip Buying everything at once Investing a fixed amount regularly over time Using only borrowed money 11. What is crypto adoption? A password reset process More people, businesses, or institutions using crypto A trading fee A blockchain error 12. What does decentralization mean? No single central authority controls the network Only one person controls it The government owns all coins Only banks control the network 13. Why is diversification important in crypto? It guarantees profits It reduces dependence on one asset It stops volatility It removes taxes 14. What is a cold wallet? A bank app A crypto exchange password A wallet stored offline A wallet connected to Wi-Fi 15. Why should investors verify project legitimacy? To increase transaction fees To guarantee profits To reduce the risk of scams and poor projects To avoid learning 16. What is network activity? A bank holiday list A TV network schedule Usage of a blockchain, such as transactions and wallet activity A company’s office activity 17. What is a blockchain transaction confirmation? A bank refund Network verification that a transaction has been added to the blockchain A password reset A stock split 18. What is crypto volatility? A government guarantee Large and frequent price movements A wallet backup A fixed price forever 19. What is market capitalization in crypto? Token price multiplied by circulating supply Total number of wallets only Daily trading fee The founder’s salary 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 crypto mining? Printing cash Digging physical coins Creating bank accounts Using computing power to validate transactions on some blockchains 22. What is liquidity in crypto? How many passwords exist How cold a wallet is How many emails a project sends How easily an asset can be bought or sold without major price impact 23. What is DeFi? Decentralized finance applications built on blockchain A government loan A stock exchange holiday A bank branch 24. What are validators? Network participants who verify transactions Bank tellers Credit card users Stock analysts 25. Why are meme coins considered risky? They are always backed by banks They never change price They cannot lose value They can be highly speculative and hype-driven Submit Test