Crypto Basics
This type of currency operates independently of central bank and uses cryptography for security.
What is cryptocurrency?
The risk tolerance level for currency cryptocurrency is considered...
What is Very High/Aggressive
This generation is considered the primary target market is crypto
What are Gen Z or Millennials
What is ID/Drivers License
The blockchain integrated directly into Telegram is called...
What is TON (The Open Network)
Crypto is 'decentralized' meaning it operates without this central institution
What is a bank or government
Crypto prices can swing 10-20% in a day. This characteristic is called...
What is Volatility
Coinbase and Kraken are examples of this type for platform
What is Centralized Exchanges (CEX)
The acronym 'KYC' stands for this regulatory requirement
What is Know Your Customer
This messaging app allows users to send TON as easily as sending a text message
What is Telegram?
What digital ledger technology records all crypto transactions?
What is Blockchain
This fee, also called a gas fee, is paid when completing crypto
What are transaction fees?
These machines allow people to buy cryptocurrency using cash
What is Bitcoin ATMs?
This document is typically required to sign up for a crypto exchange in the U.S
What is a Driver's License or ID?
TON is best designed to make this action instant and simple between users
What is a decentralized network?
The process used to secure transactions and control the creation of new cryptocurrency units?
What is cryptography?
Cryptocurrency returns depend mostly on what factor
What is market demand?
This type of investor should generally avoid cryptocurrency due to low risk tolerance.
Who are conservative investors (retirees)?
The IRS classifies cryptocurrency as this, not traditional money.
What is property?
This wallet lets users buy and store crypto directly inside Telegram
What is the Telegram Wallet?