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Phemex Quiz 1 Answers)
1. What entities issue fiat currencies?
A. Governments and Central Banks
2. Are fiat currencies backed by commodities like gold?
A. No
3. What is one of the disadvantages of fiat currencies?
A. Inflation
4. Select two examples of modern fiat currencies?
A. US Dollar and Euro
(Quiz 2 Answers)
Q1. A cryptocurrency is a form of _ currency.
A. Digital
Q2. Cryptocurrencies are represented by:
A. Unique digital codes
Q3. A decentralized cryptocurrency means that it is controlled by:
A. None of the above
Q4. What is the most well-known cryptocurrency today?
A. Bitcoin
Q5. Select all the descriptions that are true about Bitcoin:
A. Deflationary & Limited supply
(Phemex Quiz 3 Answers)
Q1. Which of the two options do cryptocurrencies use?
A. Blockchain technology
Q2. A blockchain is:
A. A digital ledger or notebook
Q3. Bitcoin’s blockchain or digital ledger will record:
A. All the above
Q4. Why is a blockchain secure? (choose all that apply)
A. It has multiple copies all over the world & it uses encryption methods ( A&B)
· Yanıtla · Çevirisine Bak · 36d
Matt Jersey
Açıklama
Phemex Quiz Answers! Free $10 USD! How To Buy Or Transfer Crypto on Phemex?
iceman owns1559 görüntüleme29 Eki 2021
Phemex $10 USD Quiz! How to buy or transfer crypto on Phemex?
Lesson 1: Credit Cards - $2 USD
Question 1: Does Phemex offer any options to purchase crypto with credit cards?
Answer 1: A. Yes
Question 2: On the Buy Crypto page, what cryptocurrency is set by default?
Answer 2: C. BTC (bitcoin)
Question 3: Which one of the following payment channels is NOT supported by Phemex?
Answer 3: D. CoolCrypto
Lesson 2: OTC/Bank Transfer - Activate Account - $2 USD
Question 1: What does OTC stand for?
Answer 1: A. Over-the-counter
Question 2: What does our OTC service allow you to do?
Answer 2: B. Purchase crypto with US Dollar bank/wire transfer
Question 3: Which header option must you click first to find our OTC trading page?
Answer 3: D. Buy crypto
Question 4: Can you use our OTC services without activating your account first?
Answer 4: B. No
Question 5: During the activation process, individuals must select the option labeled:
Answer 5: B. Individual
Lesson 3: OTC/Bank Transfer - Deposit Money - $2 USD
Question 1: Once your OTC account is enabled, you will see a BALANCE__ __MODULE on the OTC trading page
Answer 1: BALANCE__ __MODULE
Question 2: With your OTC trading account activated, the next step is to:
Answer 2: B. Deposit
Question 3: Look at the deposit instruction page below and type in the correct reference code that would need to be added to transfer as a note. ______
Answer 3: NAEIQWH
Question 4: Once your deposit is successful, you will see your fiat balance on the:
Answer 4: D. OTC trading page
Lesson 4: OTC/Bank Transfer - Purchase Crypto - $2 USD
Question 1: With your OTC account enabled and a fiat balance available, you're ready to:
Answer 1: C. Purchase some crypto
Question 2: Based on the image below, how much time would you have left to click on the Buy button before the time expires, and you would have to request a new quote?
Answer 2: 11 seconds
Question 3: Based on the image below, how much LTC (Litecoin) did this account purchase?
Answer 3: 3.14366319
Lesson 5: Transfer Existing Crypto Into Phemex - $2 USD
Question 1: If you wanted to transfer crypto to your Phemex wallet, which button would you click first?
Answer 1: A. Deposit Button
Question 2: On the deposit page, what's the crypto selected by default?
Answer 2: B. BTC (bitcoin)
Question 3: Hovering your mouse over the show QR code option will:
Answer 3: D. Display your wallet QR code
Question 4: If your deposit / transfer was successful, where can you see your updated crypto balance?
Answer 4: A. The assets page
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