Cryptocurrency safety Quiz
1. What is a recommended practice to enhance the security of your cryptocurrency exchange accounts?
A. Use the same password for all accounts.
B. Enable two-factor authentication.
C. Share your wallet information on social media.
2. Which type of cryptocurrency wallet is considered the most vulnerable?
A. Desktop Wallet
B. Mobile Wallet
C. Hardware Wallet
3. What should you do if you receive an unsolicited offer from an 'investment manager' promising high returns?
A. Accept the offer immediately.
B. Research and verify the legitimacy of the offer.
C. Provide your banking information for quick processing.
4. What is a common tactic used by fraudsters in cryptocurrency ATM scams?
A. Asking victims to deposit cash into a cryptocurrency ATM using a QR code.
B. Offering free cryptocurrency as a promotional offer.
C. Providing a detailed explanation of how the ATM works.
5. What is a key characteristic of a 'pig butchering' crypto scam?
A. It involves face-to-face meetings to build trust.
B. It often starts on dating apps and involves fake investment platforms.
C. It requires victims to invest in physical assets.
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