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Mastering Crypto Trading
Test your knowledge on cryptocurrency trading with these engaging questions.
What does HODL mean in crypto trading?
None of the above
High Order Digital Ledger
Hedge On Daily Losses
Hold On for Dear Life
What is a smart contract?
A self-executing contract with the terms directly written into code
A type of cryptocurrency
A digital wallet for storing cryptocurrencies
A trading platform for cryptocurrencies
What is the purpose of a blockchain in cryptocurrency?
To facilitate online shopping
To create digital art
To store data securely
To manage social media accounts
What is the main benefit of using decentralized finance (DeFi)?
Increased transaction fees
Centralized control
Elimination of intermediaries
Limited access to financial services
Which of the following is a popular trading strategy?
Day trading
Long-term investing
All of the above
Scalping
What is a cryptocurrency?
A stock
A physical coin
A government-issued currency
A type of digital currency
What is the primary function of a cryptocurrency wallet?
To store and manage private keys
To trade cryptocurrencies
To create smart contracts
To mine new coins
Finish Attempt
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