CEX POWER TAP quiz answers
Task:”What is Price Slippage? The Hidden Challenge in Crypto Trading”
1. What is the main topic of the video?
– Price slippage in cryptocurrency
2. What tone is used throughout the video?
– Light-hearted and humorous
3. How does the narrator describe the market when discussing slippage?
– Like a game of hopscotch
4. What humorous analogy is used for price slippage?
– Ordering a tiny portion at a restaurant
5. What is a key takeaway about price slippage?
– It’s part of cryptocurrency trading
6. How does the narrator describe price slippage?
– A change in price between order placement and fulfillment
7. What overall message is conveyed about price slippage?
– It can be managed with knowledge and tools
8. What should viewers do according to the narrator?
– Stay informed and use the right tools
9. What can traders do on CEX. IO to avoid slippage?
– Set limits on their orders
10. What example does the narrator give for slippage in crypto?
– Buying Bitcoin and the price jumping before the order is filled
11. What does the narrator suggest to minimize slippage?
– Using reliable platforms like CEX.IO
12. How does CEX.IO help with trading?
– By providing real-time data and advanced order types
Task:”Crypto Safety Tips You Haven’t Heard Yet”
1. What is a dusting attack?
– Scammers send small amounts of crypto to track your wallet
2. Why is it smart to invite friends to a secure platform?
– So they can have a safe crypto experience too
3. How can you avoid phishing links?
– Only click links from trusted sources
4. What’s a benefit of HODLing (holding onto your crypto)?
– It’s a good strategy for long-term growth
5. Why is it risky to post about your crypto moves online?
– It makes you a potential target for hackers
6. What should you do if you see a link offering free Bitcoin?
– Ignore it unless you know the source is legitimate
7. What’s the best way to handle unexpected, tiny crypto deposits?
– Ignore them and don’t interact
8. If something feels suspicious in crypto, what should you do?
– Trust your instincts and investigate
9. What is the best way to ensure your crypto is safe on a platform?
– Use a trusted, secure platform
10. Why are software updates important for crypto security?
– They protect your account from new threats
11. How can you celebrate a new crypto investment safely?
– Privately, without posting it online
12. What’s a good rule of thumb about unfamilliar links?
– Don’t click them unless you’re sure they’re safe
Task:”What is Spot Trading? Buy and Sell Crypto in Real- Time!
1. What should viewers remember when trading?
– To keep arms and legs inside the vehicle
2. What overall message is conveyed about spot trading?
– It’s thrilling and can be rewarding
3. What humorous analogy is used for watching trades in real-time?
– Like reality TV
4. How does the narrator suggest viewers feel about spot trading?
– Excited about immediate action
5. What does the narrator encourage viewers to have when trading?
– A strategy in place
6. What is the benefit of spot trading mentioned in the video?
– Instant gratification with immediate delivery
7. What does the narrator say about using CEX.IO for spot trading?
– It enhances the trading experience with a user-friendly interface
8. What is the main topic of the video?
– Spot trading in cryptocurrency
9. What is the ultimate takeaway from the video?
– Spot trading offers immediate crypto action
10. How does the narrator compare spot trading to shopping at a farmer’s market?
– It’s about immediate purchases
11. How does the narrator describe the emotions involved in spot trading?
– Like a rollercoaster ride
12. What should viewers do according to the narrator?
– Trade wisely and stay informed
Task:”What is Price Slippage? The Hidden Challenge in Crypto Trading”
1. What is the main topic of the video?
– Price slippage in cryptocurrency
2. What tone is used throughout the video?
– Light-hearted and humorous
3. How does the narrator describe the market when discussing slippage?
– Like a game of hopscotch
4. What humorous analogy is used for price slippage?
– Ordering a tiny portion at a restaurant
5. What is a key takeaway about price slippage?
– It’s part of cryptocurrency trading
6. How does the narrator describe price slippage?
– A change in price between order placement and fulfillment
7. What overall message is conveyed about price slippage?
– It can be managed with knowledge and tools
8. What should viewers do according to the narrator?
– Stay informed and use the right tools
9. What can traders do on CEX. IO to avoid slippage?
– Set limits on their orders
10. What example does the narrator give for slippage in crypto?
– Buying Bitcoin and the price jumping before the order is filled
11. What does the narrator suggest to minimize slippage?
– Using reliable platforms like CEX.IO
12. How does CEX.IO help with trading?
– By providing real-time data and advanced order types
Task:”Crypto Safety Tips You Haven’t Heard Yet”
1. What is a dusting attack?
– Scammers send small amounts of crypto to track your wallet
2. Why is it smart to invite friends to a secure platform?
– So they can have a safe crypto experience too
3. How can you avoid phishing links?
– Only click links from trusted sources
4. What’s a benefit of HODLing (holding onto your crypto)?
– It’s a good strategy for long-term growth
5. Why is it risky to post about your crypto moves online?
– It makes you a potential target for hackers
6. What should you do if you see a link offering free Bitcoin?
– Ignore it unless you know the source is legitimate
7. What’s the best way to handle unexpected, tiny crypto deposits?
– Ignore them and don’t interact
8. If something feels suspicious in crypto, what should you do?
– Trust your instincts and investigate
9. What is the best way to ensure your crypto is safe on a platform?
– Use a trusted, secure platform
10. Why are software updates important for crypto security?
– They protect your account from new threats
11. How can you celebrate a new crypto investment safely?
– Privately, without posting it online
12. What’s a good rule of thumb about unfamilliar links?
– Don’t click them unless you’re sure they’re safe
Task:”What is Spot Trading? Buy and Sell Crypto in Real- Time!
1. What should viewers remember when trading?
– To keep arms and legs inside the vehicle
2. What overall message is conveyed about spot trading?
– It’s thrilling and can be rewarding
3. What humorous analogy is used for watching trades in real-time?
– Like reality TV
4. How does the narrator suggest viewers feel about spot trading?
– Excited about immediate action
5. What does the narrator encourage viewers to have when trading?
– A strategy in place
6. What is the benefit of spot trading mentioned in the video?
– Instant gratification with immediate delivery
7. What does the narrator say about using CEX.IO for spot trading?
– It enhances the trading experience with a user-friendly interface
8. What is the main topic of the video?
– Spot trading in cryptocurrency
9. What is the ultimate takeaway from the video?
– Spot trading offers immediate crypto action
10. How does the narrator compare spot trading to shopping at a farmer’s market?
– It’s about immediate purchases
11. How does the narrator describe the emotions involved in spot trading?
– Like a rollercoaster ride
12. What should viewers do according to the narrator?
– Trade wisely and stay informed
