Digital and Cryptocurrency
Authored by Allan Glen Managay
Information Technology (IT)
6th - 8th Grade
Used 2+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is a decentralized digital currency?
PayPal
PromptPay
Visa
Bitcoin
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What technology underlies most cryptocurrencies?
Cloud Computing
Artificial Intelligence
Blockchain
Data Mining
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Considered as the "mother of all coins"
Cardano
Ethereum
Ripple
Bitcoin
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following best describes an altcoin or alternative coin?
Any cryptocurrency other than Bitcoin
Any digital token used for gaming
Coins issued only by banks
A stablecoin pegged to gold
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The term they use for "transaction fee" in crypto.
Gas Fee
Transfer Fee
Payment Fee
Rental Fee
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Cryptocurrencies are always backed by physical assets like gold.
True
False
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Blockchain ensures transparency and immutability of transactions.
True
False
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