Cryptocurrency Payment Tutorial

Cryptocurrency Payment Tutorial

Assessment

Interactive Video

Computers, Business, Life Skills

7th - 10th Grade

Practice Problem

Hard

Created by

Sophia Harris

FREE Resource

This video tutorial demonstrates how to pay bills using cryptocurrencies. The instructor shows two methods: one using Litecoin on a computer and another using Bitcoin on a mobile app. The video provides a detailed walkthrough of each process, highlighting the ease and speed of using cryptocurrencies for payments. The tutorial concludes with a call to action for viewers to subscribe to the channel for more crypto content.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two cryptocurrencies used in the tutorial for making payments?

Ethereum and Bitcoin

Litecoin and Bitcoin

Bitcoin and Ripple

Ripple and Litecoin

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which device is used to make the first payment in the tutorial?

Tablet

Mobile phone

Smartwatch

Computer

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of bill is being paid using Litecoin in the tutorial?

Phone bill

Electricity bill

Water bill

Internet bill

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the transaction fee for sending Litecoin from the wallet?

20 cents

15 cents

5 cents

10 cents

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long did it take for the Litecoin payment to be confirmed?

12 hours

24 hours

48 hours

Instantly

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which device is used to make the second payment in the tutorial?

Mobile phone

Tablet

Smartwatch

Computer

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the transaction fee for the Bitcoin payment in the tutorial?

3 reais

5 reais and 2 cents

4 reais

2 reais

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