How To Choose a Crypto Exchange?| Blockchain Central

How To Choose a Crypto Exchange?| Blockchain Central

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video explores crypto exchanges, highlighting the differences between centralized and decentralized platforms. It discusses the regulatory environment affecting these exchanges, with examples from China, Japan, and the US. The video also covers trading fees, market dynamics, and offers advice for new traders. It emphasizes the importance of understanding regulations and choosing the right platform based on individual needs.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two main types of Crypto exchanges?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the regulatory environment affected centralized exchanges in different countries?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How do decentralized exchanges differ from centralized exchanges in terms of fund management?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some potential risks associated with using decentralized exchanges?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the maker-taker fee model in Crypto exchanges?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

Why might an investor need to buy Bitcoin before trading altcoins?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What should investors check regarding regulations before using a Crypto exchange?

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