Crypto Asset Security Quiz
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Questions and Answers

When storing your crypto assets, what is the most secure infrastructure to use?

  • A centralized exchange
  • A hardware wallet (correct)
  • A decentralized wallet
  • A web wallet
  • What should you do to ensure the security of your decentralized wallet?

  • Use a code auditor
  • Store your seed phrase in a safe place
  • Connect to sites you trust (correct)
  • Use a hardware wallet
  • What is necessary to protect your crypto assets?

  • A secure infrastructure (correct)
  • A decentralized wallet
  • A code auditor
  • A hardware wallet
  • What should you do to protect your seed phrase?

    <p>Store it in a safe place</p> Signup and view all the answers

    What is not necessary to protect your crypto assets?

    <p>Connect to sites you don't trust</p> Signup and view all the answers

    What should you use to ensure the security of your decentralized wallet?

    <p>A code auditor</p> Signup and view all the answers

    What is the most secure way to store crypto assets?

    <p>A hardware wallet</p> Signup and view all the answers

    What should you do to protect your crypto assets?

    <p>Use a hardware wallet</p> Signup and view all the answers

    What is not recommended when protecting your crypto assets?

    <p>Connect to sites you don't trust</p> Signup and view all the answers

    What should you do to protect your seed phrase?

    <p>Store it in a safe place</p> Signup and view all the answers

    Study Notes

    • Crypto assets are susceptible to theft, whether you keep them with a centralized exchange (CEX) or a decentralized wallet.
    • To protect your assets, you should establish a secure infrastructure, such as using a hardware wallet and storing your seed phrase in a safe place.
    • For decentralized wallets, you should also only connect to sites you trust and use a code auditor to ensure the security of your holdings.

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    Description

    Test your knowledge about securing crypto assets, including best practices for centralized exchanges and decentralized wallets, as well as the importance of secure infrastructure and code auditing.

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