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Test Your Knowledge
Earn 100 Diamonds for every perfect score!
Question 1:
What does self custody in cryptocurrency mean?
A. Relying on third-party services to manage your assets.
B. Managing and securing your own cryptocurrency assets without external help.
C. Storing assets on centralized exchanges for ease of use.
Question 2:
Which of the following is a major benefit of self custody?
A. Lower transaction fees.
B. Increased reliance on third-party services.
C. More frequent security breaches.
Question 3:
What is a hardware wallet?
A. A digital wallet stored on your computer.
B. A physical device designed to store private keys offline.
C. A paper printout of your private keys.
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