School / Test Your Crypto Knowledge

Test Your Crypto Knowledge

Test Your Crypto Knowledge

Level 1: Beginner

The basics of owning crypto, keeping it safe, using it and why cryptocurrencies and blockchain technology are important.
Q1: What Is A Bitcoin Private Key?
A way to make more Bitcoin
A physical metal key you get to pick up your Bitcoin
A cryptographic code needed to access your Bitcoin
A government trick to access Bitcoin in your wallet
Q2: What Happens If You Send Crypto To The Wrong Address?
You have to pay a fine
Your coins are most likely gone
You cannot send crypto to a wrong address it wont validate
You can call the Bitcoin hotline to sort it out
Q3: If You Lose Your Phone Which Has Your Crypto Wallet On It Then
You can pay a specialist to get the crypto back for a fee
If you call the wallet developer they will be able to help you get it back
You can restore your wallet and crypto on another device using your seed phrase
There is no way to access your crypto any more unless you can get the phone back
Q4: Where Can You Buy Crypto?
Crypto ATMs
Centralized exchanges
Banks
All of the above
Q5: Roughly How Long Would It Take An Expert To Work Out Your Password If It Is 8 Lowercase Letters
5 seconds
5 minutes
5 hours
5 days
Q6: Why Do You Need A Seed Phrase?
To be able to send crypto transactions
To access your coins if you lost access to your wallet
To stop other people accessing your wallet
To sell your crypto to your bank
Q7: Which Of These Coins Typically Has The Fastest Transactions
Nano
Bitcoin
Dogecoin
Ethereum
Q8: What Do You Need To Send And Receive Crypto?
Your bank details
A smartphone
The wallet password of the recipient so he can unlock your crypto
A wallet, crypto, and the address where to send it
Q9: Blockchain And Cryptocurrencies Have The Potential To Significantly Disrupt
Nothing they are just a bubble
The whole financial system
The currencies we use to transact
Finance, Real Estate, Identity, Art & Media, Automotive, Medical, Supply chain and more
Q10: If Two Coins Have The Same Price Then
You need to look at their charts to see which is more valuable
They have the same value
The market valuation will depend on the supply of each coin
It doesnt matter which you buy
Kraken Review
Kraken Review

Kraken has a good reputation for security and protection of your funds and operates across the USA (except NY), Canada, the EU and Japan

How to buy bitcoin in US with you bank card
How to buy bitcoin in US with you bank card

We explain the safest and easiest way to buy Bitcoin and other crypto using your credit or debit card.

Celebrity Crypto Index
Celebrity Crypto Index

Celebrities on social media can have huge followings creating enormous power to influence their followers. We look at who are the most influential and some of the potential risks of following their advice

Bitcoin Review
Bitcoin Review

The first cryptocurrency. It has limitations for transactions but it is still the most popular being secure, trusted and independent from banks and governments.

Binance Coin Review
Binance Coin Review

A multi-utility asset, linked to the diverse activities of the Binance Exchange. A token to pay trading fees, as well as participate in new asset sales, BNB now runs on a proprietary blockchain.