🪙Answers to all questions,
🕔 November 23 Saturday :
ℹ️ Quiz Today's 👀
Quiz 1 : Win 10.000 CEXP in Today's Quiz! "Non-Aggression Principle: Why Collaboration Beats Confrontation"
1. How do we view disagreements in the community?
✅As opportunities for understanding
2. What does the Non-Aggression Principle ultimately create?
✅A strong, harmonious community
3. What does the Non-Aggression Principle avoid?
✅Confrontation and hostility
4. What is peace defined as in the video?
✅The presence of respect
5. Who do we respect under the Non-Aggression Principle?
✅Everyone, both inside and outside the community
6. What happens when we pull at each other's threads?
✅The community unravels
7. How should you approach a disagreement about pineapple on pizza?
✅With understanding and mutual respect
8. What does the Non-Aggression Principle prioritize?
✅Respecting autonomy and rights
9. What is the key to a harmonious community?
✅Peaceful collaboration and mutual respect
10. How does our community handle disagreements?
✅Through peaceful and respectful dialogue
11. What is the foundation of our community?
✅Trust and unity.
Quiz 2 : Win 10.000 CEXP in Today's Quiz! "Crypto Wallets Explained: Hot vs. Cold Wallets"
Quiz 2 : Win 10.000 CEXP in Today's Quiz! "Crypto Wallets Explained: Hot vs. Cold Wallets"
1. What is a cold wallet compared to in the video?
✅A safe buried in your backyard
2. What should you never do with your private key?
✅Write it on a sticky note and leave it in a coffee shop
3. What is the main purpose of a private key?
✅To sign transactions and access your crypto
4. What does a wallet use to confirm a transaction?
✅The private key for a digital signature
6. What is a public key compared to?
✅An email address you can share
7. Where does CEX.IO store the majority of customer crypto?
✅In cold wallets for enhanced security
8. How does a hot wallet function?
✅It is connected to the internet for fast transactions
9. How does CEX.IO use hot wallets?
✅For fast transactions and trading needs
10. How does CEX.IO combine hot and cold wallets for users?
✅By offering the speed of hot wallets and security of cold wallets
12. What happens if someone gets access to your private key?
✅They can take all your crypto
13. What is one disadvantage of cold wallets?
✅They are less convenient for quick transactions
14. How CEX.IO uses hot wallets
✅CEX.IO, like many exchanges, uses hot wallets to manage user funds for quick transactions and withdrawals.
Quiz 3 : Win 10.000 CEXP in Today's Quiz! "What Is Crypto Margin Trading? Learn How It Works"
1. What was mentioned about CEX.IO in the video?
✅It is launching margin trading with user-friendly tools.
2. What should you do before starting margin trading?
✅Understand the risks and start small.
3. Why might traders use margin trading?
✅To amplify potential profits.
4. What kind of risks are involved in margin trading?
✅Amplified losses if the trade goes against you.
5. What happens if your trade goes against you and your collateral is insufficient?
✅Your position gets liquidated.
6. What is an example of margin trading being like a real-life scenario?
✅Renting a fancy car to impress your date.
7. What should you do before starting margin trading?
✅Understand the risks and start small.
8. What is margin trading ultimately about?
✅Strategy, research, and responsible decisions
9. What is the collateral you provide in margin trading called?
✅Margin.
10. What is crypto margin trading?
✅Trading with borrowed funds to control a larger position.
11. What is liquidation in margin trading?
✅The platform closing your position to prevent further losses.
12. Why did the video compare margin trading to adding hot sauce to tacos?
✅It's risky but makes things more exciting.
13. What is leverage in margin trading?
✅Borrowing money to increase the size of your trade.
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