Are You A Crypto Expert?
Are You A Crypto Expert?
How much do you know about the amazing world of cryptocurrency? Test yourself here and see where you stand!
How much do you know about the amazing world of cryptocurrency? Test yourself here and see where you stand!
You've heard about Bitcoin, but are you ready to dive in?
There's a lot more to cryptocurrency than most people understand, which is why it usually takes an experienced hand to navigate the digital marketplace. Fortunately, brokers like eToro and exchanges like Coinbase make it easy, even for total beginners, but it never hurts to know a thing or two about digital currencies before investing in them, so test yourself here and find out if you're already an expert!
Who invented cryptocurrency?
Satoshi Nakamoto is the pseudonym of the still-anonymous person who invented the first cryptocurrency!
What was the first form of cryptocurrency called?
Bitcoin was the very first cryptocurrency!
Which of the following is a definition of cryptocurrency?
Cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
Which of the following is NOT an example of a cryptocurrency?
Bolton is a name we made up, but you can purchase cryptocurrency like Litecoin, Ethereum, and Ripple on eToro safely using a credit card, meaning you don't have to convert funds to Bitcoin first!
What do you call a continuously growing list of records, called blocks, which are linked and secured using cryptography?
A blockchain is a continuously growing list of records which are linked and secured using cryptography. Blockchain technology makes cryptocurrency one of the most secure methods of money transfers ever, and it's even safer on eToro!
Which of the following is NOT true about cryptocurrency?
Cryptocurrency, while it can be used to carry out transactions outside of a legal system, is a great way to invest. With eToro's CopyFunds, you can follow and copy the trades of experienced investors for maximum growth.
What's the combined market capital of all cryptocurrencies?
The current combined market capital of all cryptocurrencies is $589 billion. Approximately 54% of that is from Bitcoin, but there are so many other cryptocurrencies to invest in, and eToro gives you all the tools you need to do so safely.
What coin is this symbol for?
That's the symbol for Bitcoin! You can buy and trade Bitcoin and many other forms of cryptocurrency using your credit card safely on eToro!
True or False: The first ever recorded purchase using Bitcoin was to buy a pizza worth $25 for 10,000 BTC.
It's true! In 2009, 10,000 Bitcoin was equal to $25 USD. Currently, one Bitcoin is worth over $8,000 USD. Want to turn your pizza money into some serious cash? Check out eToro!
How many Bitcoins are there?
There are only 21 million Bitcoins in existence. In comparison, there are 84 million Litecoins, but that doesn't necessarily make them a less worthwhile investment than Bitcoins. See how far your Litecoin investment can go with eToro!
You're A Crypto Expert!
You're A Crypto Expert!
Whether it's Bitcoin, Ethereum, or Ripple, you have an extremely thorough knowledge of all things cryptocurrency! You're definitely ready to take your cryptocurrency investments to the next level! Brokers like eToro is a great space to explore new options in crypto investing or just purchase old standbys safely with your credit card, cutting out the hassle of converting your money to Bitcoin first.
You Still Have A Thing Or Two To Learn About Cryptocurrency!
You Still Have A Thing Or Two To Learn About Cryptocurrency!
But don't fret! Even if you don't know much more than the fact that Bitcoin is a word that refers to some sort of online money, brokers can give you the tools to successfully invest in all kinds of cryptocurrency. With eToro's new CopyFunds, you can follow and copy people with experience to invest in balanced portfolios with high probabilities of return on your investments!
Do you feel ready to invest in or investigate cryptocurrency? Or just want to learn more? You can head over to eToro and get started on a portfolio.
Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk.