How to Solve Daily Crypto Quiz: Get Free Answers

You can never become a crypto enthusiast if you don’t post stuff on your social media accounts related to web3. It also includes creating a fun activity via X’s handle or TikTok main account by asking questions from your social family. Even if you are a crypto trader, consultant or service provider, staying trendy in the blockchain is challenging. That’s why conducting a daily crypto quiz from your followers can help you gain reach and engagement.

We advise you to quote crypto lines–highlighting traders’ pain points can help you gain a decent amount of viewership if you know how the algorithm of TikTok, X (formerly Twitter), or Meta works.

Scroll down to learn the correct answers! Also, get the free crypto quote today, which you can post for free. It’s a gift from Latest Web3 News.

Benefits of Organizing a Daily Crypto Quiz

A Daily Crypto Quiz Holds Educational Value

• • Crypto quizzes help users learn about various aspects of cryptocurrencies, blockchain technology, and digital finance.

• • They provide bite-sized information and encourage continuous learning.

Daily Quiz Benefits in Receiving Engagement and Interaction

• • Quizzes engage your audience and encourage participation.

• • Users enjoy testing their knowledge and competing with others.

Helps in Memory Retention and Recall

• • Quizzes reinforce learning by requiring users to recall information.

• • Repetition through quizzes enhances memory retention.

Builds a Crypto Community

• • Regular quizzes create a sense of community among crypto enthusiasts.

• • Users can discuss answers, share insights, and learn from each other.

Bring Fun and Entertainment into Metaverse

• • Quizzes add an element of fun to educational content.

• • They break down complex topics into enjoyable challenges.

Today’s Crypto Quiz: Monday 20^th May, 2024

Question 1) What is a cryptocurrency?

1. 1. ACTUAL MONEY LIKE PKR, INR or USD

1. 1. DIGITAL MONEY

1. 1. SPY MONEY

1. 1. ITS A SCAM

Question 2) What makes cryptocurrency secure?

1. 1. SERVERS

1. 1. CRYPTOGRAPHIC MATHS

1. 1. GOVERNMENT BANKS

1. 1. INSURANCE COMPANIES

Question 3) Which crypto was the first to be launched in 2009?

1. 1. USDC

1. 1. BITCOIN

1. 1. LITECOIN

1. 1. ETHEREUM

Question 4) What is the world’s most actively traded crypto coin?

1. 1. BITCOIN

1. 1. ETHER

1. 1. DOGECOIN

1. 1. TETHER

Question 5) Regulators can trace crypto transactions.

1. 1. TRUE

1. 1. FALSE

1. 1. IN SOME SITUATIONS, ONLY

Question 6) What is the safest place to keep cryptocurrency?

1. 1. YOUR POCKET

1. 1. ON AN EXCHANGE

1. 1. A COLD WALLET

1. 1. WORK DESK

Question 7) When can you can you trade cryptocurrency?

1. 1. MONDAY- FRIDAY

1. 1. MONDAY- SATURDAY

1. 1. 24X7

1. 1. WEEKENDS ONLY

Question 8) Which of the following is a cryptocurrency?

1. 1. GOLDCOIN

1. 1. LITECOIN

1. 1. UPI

1. 1. CREDIT

Daily Crypto Quiz Answers

Today’s Crypto Quote: Monday 20^th May, 2024

“99 per cent of investors lose money in crypto because they care for 2X return in 2-3 months. They sell assets when their worth declines significantly. 1% buys when assets show bearish sign to gain maximum profit.”

Warren Buffett – Chairperson of Berkshire Hathaway.

Conclusion

Considering asking users about the daily crypto quiz and posting quotes about crypto, web3, or blockchain can attract multiple users. So, consider posting helpful content on your social handles. Try to engage with your followers and build a community. In the long run, it will benefit your brand’s credibility and help search engines identify your content and give suggestions to the public or those interested.

Disclaimer

The daily crypto quiz and quote content is only for educational and entertainment purposes. It does not constitute financial, investment, or legal advice. Always conduct your research and consult a qualified professional before making investment decisions. Additionally, cryptocurrency markets are highly volatile, and investing involves risks. The quiz answers’ accuracy and the crypto quote’s relevance are subject to interpretation and personal opinion. Use this content responsibly and at your discretion.