Cryptocurrency Quiz

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Questions and Answers

What is the maximum amount of Bitcoin that can be mined?

  • 21 million (correct)
  • 11 million
  • 31 million
  • 41 million

What is the difference between a centralised exchange and a decentralised exchange?

  • Centralised exchanges are managed by a third party while decentralised exchanges are managed by the users
  • Centralised exchanges are managed by the users while decentralised exchanges are managed by a third party (correct)
  • Centralised exchanges are more secure while decentralised exchanges are less secure
  • Centralised exchanges are more expensive while decentralised exchanges are less expensive

What is the main purpose of NFT wallets?

  • To store cryptocurrency
  • To store tokens
  • To store non-fungible tokens (correct)
  • To store gaming assets

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