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: Roughly How Long Would It Take An Expert To Work Out Your Password If It Is 8 Lowercase Letters
5 hours
5 minutes
5 days
5 seconds
Q2: What Is A Bitcoin Private Key?
A physical metal key you get to pick up your Bitcoin
A cryptographic code needed to access your Bitcoin
A way to make more Bitcoin
A government trick to access Bitcoin in your wallet
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
There is no way to access your crypto any more unless you can get the phone back
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
Q4: What Happens If You Send Crypto To The Wrong Address?
You cannot send crypto to a wrong address it wont validate
You can call the Bitcoin hotline to sort it out
You have to pay a fine
Your coins are most likely gone
Q5: Which Of These Coins Typically Has The Fastest Transactions
Dogecoin
Ethereum
Bitcoin
Nano
Q6: Why Do You Need A Seed Phrase?
To sell your crypto to your bank
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
Q7: What Do You Need To Send And Receive Crypto?
Your bank details
A wallet, crypto, and the address where to send it
The wallet password of the recipient so he can unlock your crypto
A smartphone
Q8: 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
Q9: Blockchain And Cryptocurrencies Have The Potential To Significantly Disrupt
Finance, Real Estate, Identity, Art & Media, Automotive, Medical, Supply chain and more
The currencies we use to transact
Nothing they are just a bubble
The whole financial system
Q10: Where Can You Buy Crypto?
Crypto ATMs
Centralized exchanges
Banks
All of the above
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.

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

NFT Influencers Report
NFT Influencers Report

Who are the biggest influencers in the NFT space across the various social media platforms.

IOTA Review
IOTA Review

IOTA is a feeless crypto using a DAG rather than a blockchain. It aims to be the currency of the Internet of things and a machine economy.

Solana Review
Solana Review

Solana is a cryptocurrency project with a radically different approach to how blockchains work. It focuses on an element which is very simple: time. It seems introducing a decentralised clock to a cryptocurrency blockchain makes it more efficient than anyone could have possibly imagined. Solana is a high-performance cryptocurrency blockchain which supports smart contracts and decentralised applications. It uses proof of stake consensus mechanism with a low barrier to entry along with timestamped transactions to maximise efficiency.