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Crypto Basics Quiz 2025
1 / 20
What is Ethereum known for?
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Ethereum supports programmable contracts and decentralized apps.
2 / 20
What is cryptocurrency?
Cryptocurrency is a form of digital money that uses encryption for security and operates on blockchain.
3 / 20
Which crypto is called “digital gold”?
Bitcoin is often compared to gold due to scarcity and value storage.
4 / 20
What is a private key?
Private keys must be kept safe, as they control your crypto.
5 / 20
What is the maximum supply of Bitcoin?
Bitcoin has a fixed supply of 21 million coins.
6 / 20
What is the main advantage of cryptocurrency?
Cryptocurrencies allow fast, low-cost, global transfers.
7 / 20
What is a public address?
A public address is like your “crypto bank account number.”
8 / 20
What is the smallest unit of Bitcoin called?
1 Bitcoin = 100,000,000 Satoshis.
9 / 20
What does DeFi stand for?
DeFi provides financial services without banks.
10 / 20
What does “gas fee” mean in Ethereum?
Gas fees are paid to validators for running transactions.
11 / 20
What technology does cryptocurrency mainly use?
Blockchain is a decentralized ledger that records transactions.
12 / 20
What is a blockchain fork?
Forks occur when blockchain rules change.
13 / 20
What is a crypto wallet used for?
Crypto wallets store private keys to access your coins.
14 / 20
What is an altcoin?
Ethereum, Litecoin, and XRP are examples of altcoins.
15 / 20
Which crypto is called “digital silver”?
Litecoin is faster and cheaper than Bitcoin, called digital silver.
16 / 20
What is a stablecoin?
Stablecoins keep prices steady by linking to fiat currency.
17 / 20
What does HODL mean?
HODL means holding crypto for the long term.
18 / 20
What is mining in crypto?
Mining uses computers to validate blockchain transactions.
19 / 20
What was the first cryptocurrency?
Bitcoin, created in 2009, is the world’s first cryptocurrency.
20 / 20
Who created Bitcoin?
The true identity of Satoshi Nakamoto remains unknown.
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