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DeFi: Banking Without the Bank Quiz

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10 Questions

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DeFi: Banking Without the Bank: a General level Cryptocurrency quiz. Test your knowledge with 10 questions!

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Questions

Question 1

Are DeFi services available 24/7?

A No

B Yes

C Only on weekdays

D Only during bank hours

Question 2

What do you need to access DeFi?

A A credit score

B An internet connection and wallet

C A passport

D A bank account

Question 3

What is a common DeFi activity?

A Buying stocks

B Lending crypto

C Writing checks

D Opening a savings account at a bank

Question 4

Are DeFi transactions transparent?

A Only to the bank

B No

C Yes, on the blockchain

D Only to the government

Question 5

What is a 'DEX' in DeFi?

A Daily Exchange

B Data Extension

C Digital Export

D Decentralized Exchange

📋 This quiz has 10 questions in total.