Cryptos 101 - Altcoin Basics

What is an altcoin? A cryptocurrency worth less than Bitcoin Any other cryptocurrency other than Bitcoin A cryptocurrency on the 'Alt' blockchain A form of digital art on a blockchain

Which one of the following statements is true? All altcoins are completely safe to invest in Altcoins make use of the Bitcoin blockchain Only the creator of Bitcoin can create an altcoin Altcoins have a large variety of use cases

How many altcoins are there? 12 120 1200 12 000+

Which one of the following is NOT an altcoin? BNB Ethereum Bitcoin Cardana

Why is it so important to research an altcoin before buying it? Anyone can create an altcoin and so scammers can take advantage of possible buyers and scam them To find out what Elon Musk is investing in and copy him To make sure China won't ban it To show everyone how much you know about the altcoin

Cryptos 101 - Altcoin Basics

PASS: +3 WKCT

FAIL: -1 WKCT

Cryptos 101 – Altcoin Basics

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