Bitcoin and Cryptocurrency Exam
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Welcome to your Bitcoin and Cryptocurrency Assessment
Exam instructions;
- Read all questions carefully before you answer
- You must answer all questions
- You have approximately 15mins to complete the exam
Please only click the test button when you are ready as you must complete the test in one sitting.
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Congratulations
You have successfully passed the Bitcoin and Cryptocurrency Final Assessment.
Your results will now be forwarded to info@harleyoxford.com.
Your certification is now being processed and will be sent digitally via email for you to download within 7 – 12 working days.
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We would advise you to go over the course modules again to get more practice.
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Question 1 of 16
1. Question
In 2013 bitcoin shot up in price from $13 to over $3000.
Select if this statement is True or False.
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Question 2 of 16
2. Question
The first crypto currency started circulating in 2009.
Select if this statement is True or False.
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Question 3 of 16
3. Question
There is no central authority to regulate bitcoins supply and transactions.
Select if this statement is True or False.
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Question 4 of 16
4. Question
The total amount of Bitcoins that will ever be mined is capped at 31 million coins.
Select if this statement is True or False.
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Question 5 of 16
5. Question
No Central bank has control over the flow of bitcoins.
Select if this statement is True or False.
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Question 6 of 16
6. Question
Bitcoins and crypto currencies can be used in international transactions without any bank charges or exchange rates.
Select if this statement is True or False.
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Question 7 of 16
7. Question
Bitcoin is deemed as the future of currency, select if this is true or false.
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Question 8 of 16
8. Question
Bitcoin is believed to have be created in 2007 by MR Hal Finney.
Select if this statement is True or False.
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Question 9 of 16
9. Question
In 2009 10000 bitcoins was used to purchase a pizza.
Select if this statement is True or False.
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Question 10 of 16
10. Question
Selling your products or services online is one of the most secure ways to acquire Bitcoins over the internet.
Select if this statement is True or False.
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Question 11 of 16
11. Question
A Bitcoin Wallet is a simple software to keep all your Bitcoins.
Select if this statement is True or False.
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Question 12 of 16
12. Question
You can backup your wallet by making a copy of it and placing it on a secure hard drive.
Select if this statement is True or False.
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Question 13 of 16
13. Question
Mining Bitcoins does not require a pc to be connected to the internet.
Select if this statement is True or False.
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Question 14 of 16
14. Question
The arbitrage strategy involves monitoring the bitcoin or crypto charts and buying at a high price and then selling once the price decreases.
Select if this statement is True or False.
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Question 15 of 16
15. Question
The buy and hold strategy is based on the belief that in the future, the price of digital currency will be higher than the price it is now.
Select if this statement is True or False.
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Question 16 of 16
16. Question
People believe that bitcoins price will keep going up in the future because it is rare and limited to only a specific amount of coins.
Select if this statement is True or False.