Crypto QuizOnline version Crypto basics quiz by John Doe 1 What is the most famous example of a cryptocurrency? a PayPal b Ethereum c Bitcoin d Central Bank Digital Currency (CBDC) 2 Where do you keep your digital coins? a Inside a specialized PDF file b In a cloud storage folder c In a digital "wallet" d On a physical credit card chip 3 Which word describes a system that isn't controlled by one single boss or bank? a Centralized b Decentralized c Federated d Fractional 4 What is the "Blockchain"? a A private database owned by a tech company b A high-speed internet connection for banks c A specialized encryption software for emails d A digital list of transactions that everyone can see but no one can change 5 What should you do with your "Private Key" or "Seed Phrase"? a Use it as your social media password b Store it in a "Notes" app on your phone c Keep it secret, offline, and never share it d Save a screenshot of it in your photo gallery 6 Which of these is a way to get cryptocurrency? a Downloading it from an app store for free b Transferring it from a standard savings account c Buying it on an "Exchange" (like a digital marketplace) d Converting physical cash at a local post office 7 If you send crypto to the wrong address, can you call a bank to get it back? a Yes, by requesting a "chargeback" from the blockchain b Yes, if you provide the transaction ID c No, most crypto transactions are final and cannot be reversed d Yes, if the receivers account is frozen 8 What do we call a crypto coin that is meant to stay at the same price as $1.00? a Fixedcoin b Pegged-token c Stablecoin d Flat-currency 9 What is "Mining" in the crypto world? a Auditing the physical gold reserves of a coin b Searching for lost passwords on old hard drives c Investing in new startup companies d Using computers to verify transactions and earn coins 10 Can you use cryptocurrency to buy things online? a Yes, many websites and people now accept it as payment b No, it is currently only for speculative trading c Only if you convert it to a gift card first d Only for digital goods like software and games
