Gammax exchange Learn And earn Quiz Answer : LEARN ABOUT CRYPTO TRADING AND EARN REWARDS

Gammax exchange Learn And earn Quiz Answer : LEARN ABOUT CRYPTO TRADING AND EARN REWARDS

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Gammax exchange Learn And earn Quiz Answer

1st Quiz}} How to Start Trading on GammaX

Chọn “HOW TO OPEN AND FUND A METAMASK WALLET”

Q1.How many words are typically part of the secret recovery phrase?

 Ans:- 2) 12

Q2.Should you respond to a direct message on Discord/Telegram from unknown users?

Ans:- Yes


2nd Quiz}} Decentralized Finance Explained

Chọn “WHY DECENTRALIZED FINANCE MATTERS”

Q1.Investors with a smaller capital can participate in DeFi by:

 Ans:- b. Using leverage responsibly while trading

Q2. Decentralized exchanges are backed by?

Ans:- b. Audited open-source smart contracts


3rd Quiz}} Bear Market Trading Tips: Changing Strategies

Chọn “CHANGING TRADING FREQUENCY”

Q1. Which one of these methods is NOT a trading frequency approach?

Ans:- d) DCA

Q2. Which one of the following is NOT a change of asset class/financial instrument method?

Ans:-  c) “Buying the dip”

Q3. Which of these approaches is used by traders to use market volatility to their advantage?

Ans:- d) Momentum trading


4th Quiz}} Bear Market Trading Tips: Honing Your Analytical Skills

Chọn “TECHNICAL ANALYSIS”

Q1. Studying market microstructure gives you insight into 

Ans:- b) The internal operations of financial markets

Q2. Which of the following is NOT an example of Fundamental Analysis?

Ans:- c) Tracking transactional data on blockchains

Q3.Which of these is a scaling method?

Ans:- a) Stop-loss


5th Quiz}} What Is a Bear Market?

Chọn “DEFINING THE BEAR”

Q1. Bear markets occur when prices in a market decline more than __% for typically _ months or more

Ans:- b) 20, 2

Q2. Capitulation happens during which phase of a bear market:

Ans:-  b) Phase 2

Q3. Quiz: A correction is shorter than:

Ans:- d) 2 months


6th Quiz}} What are Perpetual Crypto Futures?

Chọn “WHAT ARE FUTURES?”

Q1. From what does a futures contract derive its value?

Ans:- The underlying asset

Q2. Futures contracts are referred to by:

Ans:- Their expiration month

Q3. What defines a cryptocurrency inverse future?

Ans:- a) The use of cryptocurrency as the base currency


7th Quiz}}  Crypto CEXs & DEXs~ The Dilemma of CEXs

Chọn “THE DILEMMA OF CEXS”

Q1.What does ‘Not your keys, Not your coins’ mean?

Ans:-  b. You do not truly own your crypto

Q2. Quiz 1: Proof of Reserves in DeFi is assessed via a metric called:

Ans:- 2. Total Value Locked

Q3. Quiz 1: Which three key features of a CEX and DEX does GammaX combine?

Ans:- 1. Self-custody of assets/ 2. Intuitive UI/UX/ 3. Liquidity


8th Quiz}} When to Enter and Exit a Crypto Trade?

Chọn “WHY DO YOU NEED AN ENTRY AND EXIT STRATEGY?”

Q1. What does a lower entry and higher exit mean?

 Ans:- b. Higher profits

Q2. Which strategy allows you to average your overall buying cost?

 Ans:- b. Dollar Cost Averaging

Q3.  ___ trails the current market price of a crypto asset?

Ans:- b. Trailing Stop


More Answer coming Soon….

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