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Digital World of Money

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Any form of money or payment that exists only in electronic form

a)

Tangible form of money

b)

Physical cash

c)

Digital money or digital currency

2.

Example of cryptocurrency

a)

A. Bitcoin

b)

B. Ethereum

c)

C. Litecoin

d)

A & C

e)

All of the above

3.

Cryptocurrency refers to...

a)

A. exists through decentralized networks based on blockchain technology

b)

B. a type of digital money that is secured by cryptography

c)

C. they are not issued by a central bank or government

d)

B & C

e)

All of the above

4.

The peso is the official currency of which three countries listed below?

a)

Argentina

b)

Philippines

c)

Indonesia

d)

Cuba

e)

Malaysia

5.

Select 3 Cryptocurrency symbols

a)

PHP

b)

BTC

c)

AUD

d)

LTC

e)

ETH

6.

What are the 3 most traded Cryptocurrencies worldwide?

a)

USDT

b)

BTC

c)

ETH

d)

USD

e)

PHP

7.

Identify 3 examples of a FinTech company

a)

PayPal

b)

PayMaya

c)

Casalo

d)

GCash

e)

PayGoyo

8.

(a)   is one significant risk that can be attributed to the increasing use of digital money

9.

Give one example of common forms of payments fraud

(a)  

10.

The emergence of digital money also gives rise to opportunities for (a)   to gain access to sensitive information or scam people.