Cryptocurrency Investment Quiz

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Questions and Answers

What is the maximum interest rate one can earn with Nexo?

  • 8% APY
  • 10% APY
  • 12% APY
  • 16% APY (correct)

What is the typical daily fluctuation of cryptocurrency prices?

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

What type of investor would benefit most from investing in cryptocurrency?

  • Risk-averse
  • Risk-neutral
  • Risk-seeking (correct)
  • Low-risk

What is the fastest and most secure way to earn a high-yield interest rate?

<p>Investing in crypto bank accounts (C)</p> Signup and view all the answers

What type of assets can one earn a high-yield interest rate on with Nexo?

<p>Traditional FIAT currencies (A)</p> Signup and view all the answers

What is the primary benefit of investing in cryptocurrency?

<p>High returns (A)</p> Signup and view all the answers

What is the best option for risk-averse investors new to the blockchain?

<p>Investing in crypto bank accounts (D)</p> Signup and view all the answers

What type of investor should avoid investing in cryptocurrency?

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

What is the primary difference between traditional FIAT currencies and digital assets?

<p>Digital assets are decentralized (A)</p> Signup and view all the answers

What is the primary advantage of investing in Nexo?

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

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