1. 1 What is cryptocurrency market?

    1. A market where you can buy anything
    2. A market where you can exchange different currency
    3. A market where you can exchange one digital currency to another
    4. A market for currency exchange with government
    Correct!
    Wrong!

    A market where you can exchange one digital currency to another.

  2. 2 The cryptocurrency market is a ------ and ------- market

    1. Digital and global market
    2. Digital and local market
    3. Digital and Digital market
    4. Digital and Electronic market
    Correct!
    Wrong!

    The cryptocurrency market is a DIGITAL and GLOBAL market

  3. 3 Fiat Currency is cryptocurrency TRUE OR FALSE

    1. True
    2. False
    3. Maybe
    4. I don't Know
    Correct!
    Wrong!

    Fiat currencies are government owned currency and as such cannot be called cryptocurrency

  4. 4 Cryptocurrencies can be used in ……..?

    1. An ecosystem where it is accepted.
    2. Any transaction
    3. Amazon company
    4. Mining Gold
    Correct!
    Wrong!

    Cryptocurrencies can be used in an ecosystem where it is accepted.

  5. 5 You can buy or sell your cryptocurrency in an exchange. TRUE/FALSE?

    1. False
    2. True
    3. Maybe
    4. I don't Know
    Correct!
    Wrong!

    Exchange are the place where we can buy or sell cryptocurrencies.

  6. 6 What is traded in the cryptocurrency market?

    1. Digital Stocks
    2. CryptoShares
    3. Digital Money
    4. Digital Pizza
    Correct!
    Wrong!

    Digital money otherwise known as cryptocurrency is the only stuff that can be traded in the crypto market.

  7. 7 When you buy any cryptocurrency you are basically buying a share in it….

    1. Community
    2. Network
    3. Block
    4. Developers
    Correct!
    Wrong!

    When you buy any cryptocurrency you are basically buying a share in it network

  8. 8 The Exchange rate of any cryptocurrency against the other depends on the following except?

    1. Adoption
    2. Technology
    3. Community
    4. 4. Price
    Correct!
    Wrong!

    The Exchange rate of any cryptocurrency against the other depends on adoption,Technology and community.

  9. 9 What is Liquidity in cryptocurrency trading?

    1. Liquidity in cryptocurrency trading is the value of the cryptocurrency in exchange
    2. Liquidity in cryptocurrency trading is how active a market is.
    3. It is the melting of an ice when exposed to heat
    4. It is the rate at which liquid move from one place to another
    Correct!
    Wrong!

    Liquidity in cryptocurrency trading is how active a market is.

Understanding What Cryptocurrency Market Is.

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