Cryptocurrency Trading and Derivatives Quiz
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Questions and Answers

What type of trading account is used to speculate on the price movements of any given cryptocurrency?

  • A CFD trading account (correct)
  • A mutual fund account
  • A savings account
  • A stock trading account

What type of derivative allows you to bet on the price changes of crypto without possessing the underlying currency?

  • Options trading
  • Futures trading
  • CFD trading (correct)
  • Forex trading

What type of exchange is owned and operated by a company?

  • Decentralized exchange
  • Peer-to-peer exchange
  • Centralized exchange (correct)
  • Automated exchange

What type of account is not used to speculate on the price movements of any given cryptocurrency?

<p>Savings account (B)</p> Signup and view all the answers

What type of derivative does not allow you to bet on the price changes of crypto without possessing the underlying currency?

<p>Options trading (B)</p> Signup and view all the answers

What type of exchange is not owned and operated by a company?

<p>Decentralized exchange (A)</p> Signup and view all the answers

What type of trading is not used to speculate on the price movements of any given cryptocurrency?

<p>Forex trading (D)</p> Signup and view all the answers

What type of exchange is not considered centralized?

<p>Decentralized exchange (A)</p> Signup and view all the answers

What type of account is used to speculate on the price movements of any given cryptocurrency?

<p>CFD trading account (A)</p> Signup and view all the answers

What type of derivative allows you to bet on the price changes of crypto without possessing the underlying currency?

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

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