CLEAN : Hong Kongs first Bitcoin ATM is launched

CLEAN : Hong Kongs first Bitcoin ATM is launched

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the promotion of a Bitcoin platform in Hong Kong due to the lack of existing transition platforms. It aims to provide opportunities for using Bitcoin. Additionally, it outlines the transaction service fee, which is set at 5% for both buying and selling during the launch phase.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is there a need to promote a Bitcoin platform in Hong Kong?

To compete with existing platforms.

Due to a lack of transition platforms.

Because Bitcoin is illegal in Hong Kong.

To increase Bitcoin's value.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What opportunity does the platform aim to provide to users?

A chance to invest in stocks.

An opportunity to use Bitcoin.

A platform for real estate investment.

A way to trade in foreign currencies.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the nature of the transaction service fee mentioned?

It is only applicable to selling.

It varies depending on the transaction.

It is fixed for all transactions.

It is only applicable to buying.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the initial percentage charged for both buying and selling transactions?

3%

10%

5%

7%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At what stage is the 5% transaction fee applicable?

After the first year.

During the launch stage.

For international transactions only.

Only for large transactions.