BLACK GOLD MARKET / FREE RESOURCES

Crypto foundations and safety quiz

Answer all eight questions to see your score and the explanation for each answer.

1. Who should receive your recovery phrase? An unsolicited support agent A giveaway organizer Neither

2. A stablecoin is guaranteed to remain at its target price. True False Only on weekends

3. Two tokens with the same ticker must use the same network. True False Only when cheap

4. A smart-contract audit guarantees safety forever. True False Only after an upgrade

5. Market capitalization measures… Guaranteed cash available to sellers Price times a specified supply The amount insured

6. Perpetual derivatives may include… Funding and liquidation Guaranteed redemption No fees

7. What should be checked before a transfer? Only the ticker Asset, network, destination and any memo Only the promised yield

8. Five tokens held through one custodian share… No risk A custody dependency Guaranteed diversification