Question 1

What type of wallet is a physical device like a USB stick that stores private keys offline?

Accepted Answer

Cold wallet

Answer

<P>Hot wallet</P>

Answer

Mobile wallet

Answer

Browser wallet

Question 2

Which practice is important for securing your cryptocurrency wallet?

Accepted Answer

Writing down your private key and storing it in a secure offline location.

Answer

Sharing your seed phrase with anyone who asks.

Answer

Ignoring phishing emails and messages.

Answer

Using the same password for all accounts.

Question 3

What is a public key in the context of cryptocurrency wallets?

Accepted Answer

It’s like your email address, used to receive cryptocurrency.

Answer

It’s a physical device for storing cryptocurrency.

Answer

It’s the password to your email account.

Answer

It’s a backup for your private key.

Question 4

What should you never share with anyone to keep your cryptocurrency safe?

Accepted Answer

Private key

Answer

Phone number

Answer

<P>Public key</P>

Answer

Email address

Question 5

What is a seed phrase used for?

Accepted Answer

To recover your wallet if you lose access to it.

Answer

To connect your wallet to the internet.

Answer

To receive cryptocurrency from others.

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