Digital Asset Review

Digital Asset Review

10th Grade

26 Qs

quiz-placeholder

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Digital Asset Review

Digital Asset Review

Assessment

Quiz

Information Technology (IT)

10th Grade

Practice Problem

Medium

Created by

Solomon Abalaka

Used 2+ times

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26 questions

Show all answers

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

Media Image

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

Media Image

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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