How Much Do You Know About Cryptocurrency?

About This Quiz

Although cryptocurrency has been around for over a decade, most people don't know that much about it. Whether you are someone who got on the ground floor years ago or is just now testing the waters, there is a lot of information and terms related to cryptocurrency and how it works. Test your knowledge with this cryptocurrency quiz, and find out how much you know about the continuously evolving world of cryptocurrencies.

Where do you store your cryptocurrency?

In a blockchain.

In a digital wallet.

On a whitepaper.

In a LAMBO.

What is the term for a marketing campaign that refers to the expedited distribution of a cryptocurrency through a population of people?

Airdrop

Arbitrage

Dump

LAMBO

What is Coinbase?

A type of cryptocurrency wallet.

An app that lets you buy and sell all sorts of cryptocurrencies.

A base level of how much a cryptocurrency is worth.

A new type of cryptocurrency.

What does gas refer to in the cryptocurrency world?

When someone is overhyping how popular a coin is.

How someone describes a cryptocurrency that has fallen out of favor with traders.

A term when a coin is believed to be too volatile to want to own.

The computing power needed to validate a particular transaction on Ethereum.

What does Binance refer to?

A cryptocurrency exchange that provides a platform for trading various cryptocurrencies.

Someone who has a deep knowledge of cryptocurrency.

A new job title for people who deal in cryptocurrency.

A cryptocurrency vendor.

What is a memecoin?

A joke that turns into a crypto coin.

A picture attached to a particular cryptocurrency.

A fake cryptocurrency that traders send to each other.

The newest type of cryptocurrency.

What does Cardano mean?

A new type of crypto wallet.

The newest type of cryptocurrency.

A decentralized, blockchain based system powered by the cryptocurrency ADA coin.

A term for a bad investment.

What famous person has been impersonated and has led to at least $2 million cryptocurrency scams over the past six months?

Logan Paul

Elon Musk

Tom Cruise

Kanye West

What does the acronym HODL stand for?

Hold on don?t lose.

Hold on for dear life.

Hold over the digital landscape.

Happy one day loss.

What was the very first cryptocurrency?

Dogecoin

Bitcoin

Ethereum

Litecoin

How do blockchains work?

They tell you what cryptocurrency is next to become popular.

It keeps an eye on all of the cryptocurrencies you own.

It's a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.

They are used by crypto owners to list and share their favorite cryptocurrencies.

On what platform will you find the cryptocurrency XRP?

Etoro

FTX

Ripple

Bybit

What does Safe Moon mean?

It's a type of cryptocurrency.

A place to sell cryptocurrency.

A term for traders being bullish about the price of something.

A term for traders who are happy with their investment.

What does NFT stand for?

Non-funded token

Not for trading

Non-forgivable trade

Non-fungible token

What action is frowned upon in the world of cryptocurrency?

Owning more than five cryptocurrencies.

Using multiple platforms to trade on.

Doing a pump and dump.

Talking rudely about the person or people who created Bitcoin.

What does fiat mean?

Refers to money recognized as legal tender by governments.

A new cryptocurrency investor group.

A new cryptocurrency trading platform.

A brand new type of token/coin.

What is a whitepaper?

A list of cryptocurrencies on the rise.

A detailed explanation of a cryptocurrency.

A document that lists the top platforms to trade on.

A form you receive when you buy cryptocurrency.

In cryptocurrency, what psychology trick is used to spread doubt and fear which would cause certain coins to drop in price?

Spreading FUD.

Overpromoting a memecoin.

Impersonating another person and hyping up a coin.

Overbuying a certain coin and then selling it all.

Which one of these cryptocurrencies isn't an altcoin?

Litecoin

Ripple

Ethereum

Bitcoin

What do the letters ICO stand for?

In case of

Initial cost optimization

Immediate cost overview

Initial Coin Offering

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Matt Howell

Matt is a print and broadcast-journalism graduate and natural storyteller with over nine years of writing experience. Matt is a writer for Creative Campbellville and his work has been featured in various magazines, newspapers and online communications across North America.

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