Co To Są Waluty Fiat Revolut Quiz Odpowiedzi 2022

Revolut Quiz Odpowiedzi is launching courses on cryptocurrency and rewarding customers on the app.

They aim to help improve their customers’ knowledge of cryptocurrencies with the help of short and simple courses.

There are two courses available, and the Revolut Quiz Odpowiedzi is based on those two courses. The first course is on crypto courses, and the second is on the multichain network polkadot. 

Do you want to know how you can find Revolut Quiz Odpowiedzi? 

You can find the quiz on the revolut sidemen app. And for taking the quiz,  follow the steps-

•  just log in to the app and go to the “crypto” section. 
• Look for the “learn” section; there, you can find a course with a quiz. 
• Understand every lesson and then attempt the quiz. 

Let’s know about the quizzes

There are two quizzes, so that I will explain each quiz separately. 

Revolut Quiz Odpowiedzi 1 

This first Revolut Quiz Odpowiedzi is about crypto basics. It has four lessons and four quizzes. And if you revolut quiz answers the questions correctly, you will receive a reward in the end. 

Note- this quiz is not available to US citizens or individuals who live in the US. So when you proceed to take the quiz, you declare that you are not an individual located in the USA. 

Lesson 1

This lesson consists of questions and answers related to crypto vs. fiat. 

And in this, You will be asked these questions- 

Question 1- what is fiat money?

Options-

• Non-digital money
• Digital money
• Government-issues money
• Currencies backed by goal

Question 2- what is the main difference between fiat currency and cryptocurrencies?

Options- 

• Cryptos are digital, whereas fiat is physical.
• Cryptos are decentralized, whereas a central authority controls fiat. 
• Cryptos aren’t denominated in the USD. 

Question 3- who validates transactions on the blockchain?

Options- 

• Particular users called miners or validators 
• A central crypto authority 
• Every user that holds crypto.
• No one

Lesson 2

In this, tarjeta revolut opiniones has explained cryptography in crypto. So there are three questions asked in this lesson quiz-

Question 1- why is cryptography essential for cryptocurrencies?

Options-

• It makes it easier to send messages over the internet. 
• It means that all personal data can securely be stored on a central database.
• It removes the need for a central authority, prevents double spending, and adds security. 

Question 2- what are private and public keys?

Options-

• Email address for your cryptocurrency account.
• A physical set of keys
• Software applications that give you access to your crypto.
• A public key is like your account number, and your private key is like your password. 

Question 3- Which statement is true about private and public keys? 

Options- 

• It’s impossible to work out someone’s private key by looking at their public key.
• A private key is generated by applying a cryptographic algorithm to a public key. 
• You can reverse engineer a private key if someone shares their public key.

Lesson 3

It consists of knowledge about the basics of blockchain. 

Questions asked here are-

Question 1- what is blockchain?

Options- 

• A decentralized database
• A cryptocurrency
• Centralized database
• Website

Question 2- who can view the blockchain?

Options-

• Miners
• Validators
• Developers
• Anyone with a computer and internet. 

Question 3- what makes the blockchain different from a regular database?

Options- 

• It’s a purely digital database with no paper records.
• It’s not controlled by a central party and can be viewed by anyone. 
• It’s held centrally in a secure offline location.
• It’s backed up electronically in multiple locations. 

Lesson 4- 

It is about the risk of crypto. 

Questions asked in this are-

Question 1- what regulatory protections does your crypto have? 

Options-

• The government guarantees Crypto if you lose your investment. 
• None- crypto is not regulated in most countries worldwide. 
• Crypto is only regulated to prevent hacking on the blockchain. 

Question 2- how much can you lose if you buy crypto?

Options – 

• 10%
• More than you invested
• Half
• Everything

Question 3- when would it not be suitable for you to buy crypto?

Options- 

• When you are in debt or can’t afford to lose the money you invested. 
• When the price is going down quickly. 
• If you’ve already invested in stocks. 
• When there is high inflation. 

Details Overview

Name of the Website	Revolut Quiz Odpowiedzi
Available For	Quizzes & Puzzles
Category	Entertainment
Article For	Co To Są Waluty Fiat Revolut Quiz Odpowiedzi 2022
Year	2022

Frequently asked questions

Conclusion

Revolut Quiz Odpowiedzi is a test of your knowledge about cryptocurrency. So if you want to gain knowledge or analyze it, you can take the revolut quiz.