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Test Your Knowledge
Earn 100 Diamonds for every perfect score!
Question 1:
What is a security token?
A. A digital token issued on a blockchain representing a stake in an external enterprise or asset.
B. A token used to access services within a decentralized application.
C. A cryptocurrency token used for trading digital goods.
Question 2:
What is one of the advantages of using security tokens?
A. They can only be used to purchase cryptocurrencies.
B. They offer benefits like transparency, rapid settlement, and divisibility.
C. They are not subject to regulatory oversight.
Question 3:
What is the key difference between security tokens and utility tokens?
A. Security tokens are heavily regulated and confer ownership rights, while utility tokens typically serve as access to services.
B. Security tokens are used for trading goods, while utility tokens are used for investment.
C. Utility tokens are regulated, while security tokens are not.
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