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

Uphold makes buying crypto with popular currencies like USD, EUR and GBP very simple with its convenient options to swap between crypto, fiat, equities, and precious metals.

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

Uphold Review
Uphold Review

Based in Charleston, South Carolina. Serves over 184 countries and has done over $4 billion in transactions. Offers convenient options to swap between crypto, fiat, equities, and precious metals.

Bitcoin FAQs: The Answers To All Your Burning Questions
Bitcoin FAQs: The Answers To All Your Burning Questions

What is bitcoin? Who controls it? Where can I buy it? Your questions answered!

Eco Coin Index
Eco Coin Index

We analyse the most popular eco friendly cryptocurrencies looking a their energy efficiency and usage

Cardano Review
Cardano Review

An innovative digital asset utilizing a fully decentralized consensus protocol called Ourobouros. The network aims to compete with Ethereum in offering smart contract functionalities. However it is lightyears behind Ethereum in terms of adoption.

Ethereum Review
Ethereum Review

The leader in programmable money, smart contracts and decentralised applications. There have been many copycats but none have the community and level of adoption.