CEX Quiz Answers 18 March 2025
1. Why do some people prefer using banks over crypto?
– Banks are easier to use and don’t require private keys
2. What’s the biggest downside of banks compared to crypto?
– They charge high fees and have slow transactions
3. What’s one reason people might switch from banks to crypto in the future?
– Crypto is getting safer, easier, and more accepted
4. What happens if you lose your private keys in crypto?
– Your money is gone forever
5. Why do people trust government-backed money more than crypto?
– It comes with legal protections and financial guarantees
6. What is the “Grandma Factor” in the video?
– People trust banks because they’ve existed for decades
7. Why do banks seem more stable than crypto?
– They are backed by governments and have financial safety nets.
8. What is the final point of the video?
– Some people will always trust banks until crypto becomes easier and safer
9. Why do some people think crypto is too complicated?
– Because it involves private keys, gas fees, and different blockchains.
10. Why do some people still trust banks more than crypto?
– Because banks feel familiar and “safer”
11. What is a major reputation problem for crypto?
– There are too many scams and rug pulls.
12. What is one major difference between banks and crypto?
– Banks offer refunds and customer support, while crypto doesn’t
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1. Why do some people prefer using banks over crypto?
– Banks are easier to use and don’t require private keys
2. What’s the biggest downside of banks compared to crypto?
– They charge high fees and have slow transactions
3. What’s one reason people might switch from banks to crypto in the future?
– Crypto is getting safer, easier, and more accepted
4. What happens if you lose your private keys in crypto?
– Your money is gone forever
5. Why do people trust government-backed money more than crypto?
– It comes with legal protections and financial guarantees
6. What is the “Grandma Factor” in the video?
– People trust banks because they’ve existed for decades
7. Why do banks seem more stable than crypto?
– They are backed by governments and have financial safety nets.
8. What is the final point of the video?
– Some people will always trust banks until crypto becomes easier and safer
9. Why do some people think crypto is too complicated?
– Because it involves private keys, gas fees, and different blockchains.
10. Why do some people still trust banks more than crypto?
– Because banks feel familiar and “safer”
11. What is a major reputation problem for crypto?
– There are too many scams and rug pulls.
12. What is one major difference between banks and crypto?
– Banks offer refunds and customer support, while crypto doesn’t
Open CEX IO Bot: https://t.me/cexio_tap_bot?start=1726737471260929
#CEXQuiz #CEXIOQuiz
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