DeFi Essentials for Beginners Quiz

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DeFi Essentials for Beginners: a General level Cryptocurrency quiz. Test your knowledge with 9 questions!
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Questions

Question 1
Which blockchain is the home of most DeFi applications?
A Bitcoin
B Ethereum
C Litecoin
D Dogecoin
Question 2
What is a 'Stablecoin' designed to do?
A Grow in value quickly
B Be used only for mining
C Increase market volatility
D Maintain a steady value
Question 3
What do you need to interact with a DeFi app?
A A crypto wallet
B A brokerage license
C A bank account
D A physical credit card
Question 4
What is the primary benefit of DeFi?
A Government oversight
B Guaranteed profit
C Zero transaction fees
D No central authority
Question 5
What is an 'AMM' in DeFi?
A Advanced Market Model
B Automated Money Monitor
C Automated Market Maker
D Active Money Manager

📋 This quiz has 9 questions in total.

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