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101: Intro to Crypto

The exam portion of the "101: Intro to Crypto" course tests your knowledge and understanding of the key concepts covered throughout the course. It consists of multiple-choice questions that assess your comprehension of topics such as cryptocurrency basics, blockchain technology, wallets, security practices, trading, and the broader implications of cryptocurrencies.

Course Duration: Self-paced, approximately 6 weeks

Prerequisites: None. This course is designed for beginners with no prior knowledge of cryptocurrencies.

1 / 21

Which of the following is an example of a hardware wallet?

2 / 21

What is the process of converting a cryptocurrency into traditional fiat currency called?

3 / 21

What is the term used to describe the process of verifying and adding transactions to the blockchain?

4 / 21

What is the term used to describe the act of holding onto cryptocurrencies for an extended period with the expectation of price appreciation?

5 / 21

What is the purpose of a cryptocurrency wallet?

6 / 21

What is the purpose of a whitepaper in the cryptocurrency world?

7 / 21

What is the role of a cryptocurrency exchange?

8 / 21

What are the advantages of using cryptocurrencies over traditional fiat currencies?

9 / 21

What are Central Bank Digital Currencies (CBDCs)?

10 / 21

What is two-factor authentication (2FA)?

11 / 21

What is a cryptocurrency?

12 / 21

What is the term used to describe the rapid rise and fall of cryptocurrency prices?

13 / 21

How can cryptocurrencies potentially impact society?

14 / 21

What are some common security best practices in cryptocurrency?

15 / 21

What is a smart contract?

16 / 21

What is the blockchain?

17 / 21

Which cryptocurrency is often referred to as the "digital gold"?

18 / 21

What are Central Bank Digital Currencies (CBDCs)?

19 / 21

What is DeFi (Decentralized Finance)?

20 / 21

What is the purpose of stop-loss and take-profit orders in cryptocurrency trading?

21 / 21

What is the total supply of Bitcoin that will ever exist?

Your score is

The average score is 100%


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