
Digital Asset Review
Authored by Solomon Abalaka
Information Technology (IT)
10th Grade
Used 2+ times

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26 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are digital investments?
Investments made using physical money
Investments made through online platforms
Investments in digital art
Investments in cryptocurrencies
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a common type of digital investment?
Stocks
Real estate
Cryptocurrencies
Digital collectibles
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which digital investment platform specializes in facilitating the trading of cryptocurrencies?
Social media platform
Crowdfunding platform
Cryptocurrency exchange
Online marketplace
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does dollar-cost averaging work in digital investments?
Investing a fixed amount of money at regular intervals
Investing all your money at once
Investing in cryptocurrencies only
Investing in real estate
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of investment typically carries the highest level of risk?
Treasury bonds
Blue-chip stocks
Cryptocurrencies
Government savings bonds
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an NFT (non-fungible token)?
An NFT is a paper asset that represents real-world objects like art, music, in-game items and videos.
An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos.
An NFT is an imaginary asset that represents real-world objects like art, music, in-game items and videos.
An NFT is a fake asset that represents real-world objects like art, music, in-game items and videos.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Blockchain?
As a database, a blockchain stores information in real life in real format.
This is where you send all your money and NFTs
Acts as a database. A blockchain stores information electronically in digital format.
It's a receipt of all transactions.
When you stack blocks together in real life you create a chain.
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