Click Here to Sign Up for Your 1-Week $3 Trial

Introduction to Crypto

HomeIntroduction to Crypto

Posted on 03 Jun 2021

/

/ Rafael The Sim Guy

Introduction to Crypto

Time limit: 0

Exam Summary

0 of 30 Questions completed

Questions:

Information

You have already completed the exam before. Hence you can not start it again.

Exam is loading…

You must sign in or sign up to start the exam.

You must first complete the following:

Results

Exam complete. Results are being recorded.

Results

0 of 30 Questions answered correctly

Your time:

Time has elapsed

You have reached 0 of 0 point(s), (0)

Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)

Categories

Not categorized 0%

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

Current
Review
Answered
Correct
Incorrect

Question 1 of 30

1. Question
1. Cryptocurrency is a centralized form of payment.
- True
- False
Correct

Incorrect
Question 2 of 30

2. Question
1. Banks can issue physical Bitcoin and other crypto to you.
- True
- False
Correct

Incorrect
Question 3 of 30

3. Question
1. Companies can issue their own cryptocurrency.
- True
- False
Correct

Incorrect
Question 4 of 30

4. Question
1. Dogecoin is a type of Bitcoin.
- True
- False
Correct

Incorrect
Question 5 of 30

5. Question
1. Blockchain is the technology that cryptocurrencies use to store transactions.
- True
- False
Correct

Incorrect
Question 6 of 30

6. Question
1. Cryptocurrencies are an inefficient way to transact payments because banks don’t like it.
- True
- False
Correct

Incorrect
Question 7 of 30

7. Question
1. A cryptocurrency wallet is used to hold cryptocurrency.
- True
- False
Correct

Incorrect
Question 8 of 30

8. Question
1. Since blockchain is the platform that records transactions, the need for a 3rd party intermediary, like a bank, is unnecessary.
- True
- False
Correct

Incorrect
Question 9 of 30

9. Question
1. Monero is one of the more difficult to trace cryptocurrencies.
- True
- False
Correct

Incorrect
Question 10 of 30

10. Question
1. Dogecoin was designed to compete directly with Bitcoin.
- True
- False
Correct

Incorrect
Question 11 of 30

11. Question
1. Litecoin was created as a result of a fork in Ethereum.
- True
- False
Correct

Incorrect
Question 12 of 30

12. Question
1. Bitcoin was the first decentralized cryptocurrency using blockchain technology for digital transactions.
- True
- False
Correct

Incorrect
Question 13 of 30

13. Question
1. Bitcoin has also been referred to as digital oil.
- True
- False
Correct

Incorrect
Question 14 of 30

14. Question
1. NFTs are not able to be replaced by any other identical token.
- True
- False
Correct

Incorrect
Question 15 of 30

15. Question
1. Blockchain & Bitcoin are the same things.
- True
- False
Correct

Incorrect
Question 16 of 30

16. Question
1. Crypto has the potential to make it easier and more efficient to transfer funds between parties.
- True
- False
Correct

Incorrect
Question 17 of 30

17. Question
1. Ripple was designed for financial institutions to scale digital payment processing capabilities globally.
- True
- False
Correct

Incorrect
Question 18 of 30

18. Question
1. Tether is highly volatile and mirrors the movement in Bitcoin.
- True
- False
Correct

Incorrect
Question 19 of 30

19. Question
1. Fiat currency is the physical form of cryptocurrency.
- True
- False
Correct

Incorrect
Question 20 of 30

20. Question
1. Cryptocurrency trading is heavily sentiment-based.
- True
- False
Correct

Incorrect
Question 21 of 30

21. Question
1. Cryptocurrencies are heavily regulated.
- True
- False
Correct

Incorrect
Question 22 of 30

22. Question
1. Most crypto trading platforms hold you to the PDT rule.
- True
- False
Correct

Incorrect
Question 23 of 30

23. Question
1. Every crypto platform has all currencies available to purchase.
- True
- False
Correct

Incorrect
Question 24 of 30

24. Question
1. Litecoin’s Scrypt algorithm is more energy-efficient than Bitcoin’s SHA-256 algorithm.
- True
- False
Correct

Incorrect
Question 25 of 30

25. Question
1. Gas is on the Bitcoin platform and refers to a unit of measurement for the effort of conducting transactions in the Bitcoin network.
- True
- False
Correct

Incorrect
Question 26 of 30

26. Question
1. DeFi is a movement encouraging alternatives to traditional, centralized forms of financial services.
- True
- False
Correct

Incorrect
Question 27 of 30

27. Question
1. A Bank is unnecessary when conducting cryptocurrency transactions.
- True
- False
Correct

Incorrect
Question 28 of 30

28. Question
1. Dogecoin was first created to poke fun at Bitcoin.
- True
- False
Correct

Incorrect
Question 29 of 30

29. Question
1. Market manipulation isn’t a factor to keep in mind when weighing risk & reward in cryptocurrency trading.
- True
- False
Correct

Incorrect
Question 30 of 30

30. Question
1. Deciding which coins you’re interested in buying is one way to help you determine where to set up your account.
- True
- False
Correct

Incorrect

Let’s even the playing field. I use my years of hedge fund experience to bring you the best education, top premium trading tools, quality trade alerts & a community that encourages success. This is Your Advantage. This is TRUE TRADING GROUP! Become a TTG Member Today

Follow Us:

Useful Links

Home
Click Here to Sign Up for Your 1-Week $3 Trial
FAQ
Support
Blog
Refund & Cancellation Policy
Terms & Conditions
TTG Platform Status

Support:

+1 (855) 878-8723

info@truetradinggroup.com

Want to Learn More?

Let’s Get Started

First Name *

Email *

Phone

Copyright © 2022 True Trading Group, LLC. All rights reserved. | Terms & Conditions | Disclosure | Privacy Policy | Refund & Cancellation Policy | Contact Us

DISCLAIMER: To understand more fully any True Trading Group, LLC (“TTG”) subscription, website, application, or other service (“Services”), please review our full disclaimer located at https://truetradinggroup.com/disclosure/.

FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any TTG Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation or be relied upon as personalized investment advice. TTG strongly recommends you consult a licensed or registered professional before making any investment decision.

RESULTS PRESENTED NOT TYPICAL OR VERIFIED. TTG Services may contain information regarding the historical trading performance of TTG owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers’ trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.

TTG IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither TTG nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization.

True Trading Group, LLC operates a short code campaign that sends opted in subscribers’ reminders and alerts for upcoming events, sales, offers, live streams. Message frequency will vary. SMS Terms and Conditions/SMS Privacy Policy. Message and data rates may apply. By submitting your mobile phone number, you will be subscribed to True Trading Group, LLC SMS notifications.

Chat with usLiveChat