You earned 100 Diamonds!
🎉 3/3! Congratulations!
Try Again
Some or All answers are incorrect
But you have already claimed this reward!
🎉 3/3! All Correct!
Test Your Knowledge
Earn 100 Diamonds for every perfect score!
Blockchain Basics
1. What is the main reason to create multiple wallets for trading, holding, and gas fees?
A. To hide funds from exchanges
B. To reduce gas fees permanently
C. To organize activities, reduce risk, and improve fund security
D. To earn more staking rewards
2. What is the purpose of using testnets like Goerli or Mumbai in crypto trading practice?
A. To earn real profits on new tokens
B. To practice trading without risking real assets
C. To avoid wallet verification
D. To skip gas fees on the mainnet
3. What is a key benefit of using a decentralized exchange (DEX) like Uniswap or PancakeSwap?
A. Centralized KYC for security
B. Guaranteed high returns
C. Trading directly from your wallet without giving up custody
D. Free tokens with every trade
Blockchain Basics
4. What does a DEX aggregator like 1inch or Matcha do for traders?
A. Creates new tokens for better trades
B. Blocks scam tokens automatically
C. Aggregates trades into a single blockchain
D. Finds the best trading route and rate across multiple DEXs
5. Which of the following actions can help protect you from sandwich or MEV attacks?
A. Using high slippage settings
B. Trading only on weekends
C. Sending transactions through private or MEV-protected tools
D. Always trading in large amounts