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Test Your Knowledge
Earn 100 Diamonds for every perfect score!
Question 1:
What is the primary purpose of a seed phrase?
A. To generate private keys for wallet access and recovery.
B. To store cryptocurrency securely on the blockchain.
C. To act as a password for your wallet.
Question 2:
What standard is used to create seed phrases for cryptocurrency wallets?
A. BIP32
B. BIP39
C. BIP44
Question 3:
What is the recommended method for securing your seed phrase?
A. Save it in a password manager online.
B. Write it down on paper or metal plates and store it in a secure location.
C. Share it with a trusted friend for safekeeping.
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