Quiz: Lesson 007
Now that you’ve completed the ‘Introduction to Buying Cryptocurrency’ lesson, let’s test your knowledge! We strongly recommend completing this quiz before moving on to the ‘Introduction to Storing Cryptocurrency’ lesson.
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Question 1 of 8
1. Question
A cryptocurrency exchange is ____.
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Question 2 of 8
2. Question
True or false? You don’t need to verify an exchange’s legitimacy because they are all trustworthy and reputable.
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Question 3 of 8
3. Question
What’s the difference between a centralised (CEX) and decentralised exchange (DEX)?
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Question 4 of 8
4. Question
What does a cryptocurrency broker do?
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Question 5 of 8
5. Question
True or false? All exchanges support the same cryptocurrencies.
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Question 6 of 8
6. Question
When looking to buy cryptocurrency, which 3 things should you focus on? (Select all that apply.)
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Question 7 of 8
7. Question
True or false? You can use websites such as CoinGecko and CoinMarketCap to find out where to buy cryptocurrencies.
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Question 8 of 8
8. Question
True or false? When buying cryptocurrency, there is often no unanimous time when you should buy. Rather, it’s important to consider your personal plan and spend time in the market.
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