Cryptocurrency and Nexo Investment Quiz
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Questions and Answers

What is the highest possible return an investor can get from investing in cryptocurrency?

  • 5%
  • 10%
  • 15%
  • 16% (correct)

What is Nexo?

  • A cryptocurrency bank account (correct)
  • A blockchain-based platform
  • A high-yield interest rate
  • A risk-averse investment

What is the typical daily price fluctuation of a cryptocurrency?

  • 2%
  • 5%
  • 8%
  • 10% (correct)

What type of investor would be best suited for investing in cryptocurrency?

<p>Aggressive (C)</p> Signup and view all the answers

What is the highest interest rate that can be earned with Nexo?

<p>16% (D)</p> Signup and view all the answers

What type of currencies can be earned with Nexo?

<p>All of the above (D)</p> Signup and view all the answers

What is the best way to earn a high-yield interest rate on traditional FIAT currencies, stablecoins, and digital assets?

<p>Opening a crypto bank account (C)</p> Signup and view all the answers

What type of investor should avoid investing in cryptocurrency?

<p>Risk-averse (A)</p> Signup and view all the answers

What is the typical daily price fluctuation of a cryptocurrency?

<p>5% (B)</p> Signup and view all the answers

What is the best way to earn a high-yield interest rate on traditional FIAT currencies, stablecoins, and digital assets?

<p>Opening a crypto bank account (C)</p> Signup and view all the answers

Flashcards

Cryptocurrency return potential

Potentially up to 16%

Nexo

A cryptocurrency bank account for earning interest.

Daily crypto price fluctuation

Typically 10%.

Ideal crypto investor

Aggressive investor.

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Nexo interest rate

16% maximum interest earned.

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Currencies supported by Nexo

All currencies (FIAT, stablecoins, crypto).

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High interest on FIAT and crypto

Crypto bank account (e.g., Nexo).

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Avoid crypto investment if

Risk-averse individual.

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Crypto daily price swing (alternative)

5% on average.

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High-yield interest for all assets

Through a crypto bank account approach (e.g., Nexo).

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