Cryptocurrency Trading Quiz 26 Created on September 30, 2020 By Eddie Vorman Cryptocurrency Trading Quiz There is more than one kind of cryptocurrency. You’ve probably heard of that, haven’t you?So, cryptocurrencies are blockchain assets. These assets differ in safety, application, popularity, and more.Let’s find out how good is your crypto knowledge. 1 / 6 Let’s start with the easiest. What is a cryptocurrency? Physical cash, which is controlled by central banks. Multinational currency. A unique type of digital or virtual currency. Currency from the Crypton. 2 / 6 What is Stablecoin? Reliable Bank from the UK A new class of cryptocurrencies that attempts to offer price stability and are backed by a reserve asset. A digital program that holds cryptocurrency from overlapping on other markets. A part of the blockchain. 3 / 6 Currently, the most valued type of blockchain asset on the market is Payment Currencies. So, what can you do with these types of crypto? Forex trading. Intergovernmental exchanges. Manipulate the market changes. Buy goods, pay your bills, cash them into fiat currency, and more. 4 / 6 What are Privacy Tokens? Type of blockchain asset which focuses on anonymity. Inter-governmental currency. Secret Badges traders get after leveling up their trading skills. Technical term for a firewall program. 5 / 6 Volatility - you’ve probably heard that term somewhere. But do you understand what it is? Market price stagnation. A part of new technology that regulates the crypto market. It is the extent to which an asset’s price fluctuates over time. It is a part of blockchain security system. 6 / 6 Liquidity is very important for any asset, but especially for cryptocurrencies. However, could you identify what is it? The statistical measure of the dispersion of an asset’s price. Cryptocurrency’s ability to be converted into cash with ease. An indicator of the the market value of a cryptocurrency. Crypto characteristics that are mainly exchanged for blockchain services. Your score isThe average score is 56% LinkedIn Facebook Twitter VKontakte 0% Restart quiz Support Platform Spread Trading Instrument Comments Rating 0 (0 reviews)
