CEX Quiz Answers October 28, 2024Open CE…

CEX Quiz Answers October 28, 2024
Open CEX Bot: https://t.me/cexio_tap_bot?start=1726737471260929
#CEXQuiz #CEXIOQuiz Task: “What Is Hot Wallet: Everything You Need to Know”
1.How are hot wallets humorously compared in the video?
To a friend who’s always texting
2.What is the main topic of the video?
Hot wallets in cryptocurrency
3.What example is given for using a hot wallet?
Paying for coffee on the go
4.What metaphor is used for
choosing what to store in a hot wallet?
Like ordering at a restaurant
5.What advantage do hot wallets offer?
Quick access to crypto for transactions
6.What does  provide regarding hot wallets?
User-friendly hot wallet services
7.What overall message is conveyed about hot wallets?
They offer convenience
8.What is suggested as a balance between convenience and security?
Using both hot and cold wallets
9.What should viewers remember about managing their crypto?
Keep it cozy but secure
10.How should you use a hot wallet according to the narrator?
For everyday transactions and small amounts
11.What is the tone of the narrator throughout the video?
Light-hearted and humorous
12.What does the narrator warn about hot wallets?
They can be more vulnerable to hacking
13. What does CEX IO provide regarding hot wallets?
User-friendly hot wallet services