Wallet & Fundamentals
What is the primary use of the Onchain Swap feature?
Exchange one token for another
Which of the following is used to pay transaction (gas) fees on the Ethereum network?
ETH
True or False: Your wallet address is the same across all networks.
False
True or False: You can recover your Onchain Wallet if you forget your passcode and Recovery Phrase.
False
What does “slippage” refer to in a crypto swap?
Difference between expected and actual trade price
What is a Bridge used for in crypto?
Moving assets between blockchains
Why is it important to double-check the token contract before importing a token?
To avoid fake or scam tokens
What is the first thing you should do after creating a new Onchain Wallet?
Back up your Recovery Phrase
Which feature allows you to customize your transaction behavior like slippage and speed?
Advanced Settings
What is required to use a bridge (like Cronos Bridge) successfully?
Enough native tokens for gas fees
True or False: You can use a blockchain explorer to verify the status of a transaction, check wallet balances, and find token contract addresses.
True or False: The Onchain Wallet supports multiple wallets under the same app.
True
If you want to reduce the risk of price changes during a swap, what should you do?
Decrease slippage
What happens if you send crypto to the right address but wrong network?
It may be lost permanently