Quick Fun Crypto Quiz: 10 Essential Questions and Answers

Questions were updated on Apr. 27, 2023.

Tech-Business Quiz: 10 essential Crypto Quiz trivia questions on one of 2021’s and 2022’s buzzwords and 2023’s fails of the year. Which crypto coins does Paypal accept? Which country was the first to adopt Bitcoin? What’s NFT art? And why did FTX collapse?

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Crypto Quiz

Daily Quiz: 10 Crypto coins, currency, and tech general knowledge multiple-choice questions from 2021 on Bitcoin, Dogecoin, and NFT. Click "start quiz."

1 / 10

1. Bitcoin is the biggest cryptocurrency by market value. What is the second?

Photo: CryptoWallet.com Images, CC BY 2.0, via Wikimedia Commons

2 / 10

2. Which of these crypto coins DOESN’T Paypal’s Checkout with Crypto allow?

3 / 10

3. What’s NFT art?

Image: Beeple | The First 5000 Days / Christies.com

4 / 10

4. How did the first-ever authentic Banksy piece turn into an NFT art?

Image: sothebys.com

5 / 10

5. Why did Damien Hirst burn artworks collectively worth almost £10 million?

Screenshot: Sky News - YouTube

6 / 10

6. Which country is planning a city with no property, income, or municipal taxes and zero carbon dioxide emissions?

Photo: Raúl Arias, CC BY 2.0, via Wikimedia Commons

7 / 10

7. What's OpenSea?

8 / 10

8. What caused crypto exchange FTX's bankruptcy in 2022?

Screenshot: Bloomberg Markets and Finance - YouTube

9 / 10

9. According to court filings, why did FTX owner Sam Bankman Fried bribe Chinese officials?

Screenshot: Reuters - YouTube

10 / 10

10. What are Ordinals?

Screenshot: TwelveFold

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The Crypto Quiz Questions

Here’s the complete list of questions and multiple-choice answers for our Crypto trivia game.

Crypto Quiz

How did the first-ever authentic Banksy piece turn into an NFT art?

Image: sothebys.com
It was animated into a gif-meme.
It was shredded and filmed.
It was burnt and filmed.
It was scanned into a 100Gb file.
A form of digital art.
A digital art piece with a unique sellable identity.
Neutrally Financed Tangible art.
Neural Funnel Tunnel art.

Which of these crypto coins DOESN’T Paypal’s Checkout with Crypto allow?

Dogecoin.
Bitcoin.
Litecoin.
Ethereum.

Bitcoin is the biggest cryptocurrency by market value. What is the second?

Photo: CryptoWallet.com Images, CC BY 2.0, via Wikimedia Commons
Ethereum.
Binance.
Solana.
Dogecoin.

Which country is planning a city with no property, income, or municipal taxes and zero carbon dioxide emissions?

Photo: Raúl Arias, CC BY 2.0, via Wikimedia Commons
El Salvador.
The Netherlands.
Finland.
The United States.

What's OpenSea?

A cryptocurrency exchange company.
An image bank.
A marketplace for handmade and vintage items.
An NFT marketplace.

Why did Damien Hirst burn artworks collectively worth almost £10 million?

Screenshot: Sky News - YouTube
To protest against the war in Ukraine.
To warn against climate change.
To preserve the value of the artworks’ NFTs.
To make room for new artwork.

What caused crypto exchange FTX's bankruptcy in 2022?

Screenshot: Bloomberg Markets and Finance - YouTube
A bank run.
A bull trap.
A credit crunch.
A Minsky moment.

What are Ordinals?

Screenshot: TwelveFold
A new type of NFTs that are based on Ethereum and stored indirectly on the blockchain.
A new type of NFTs that are based on Bitcoin and stored directly on the blockchain.
A new type of NFTs that are based on Dogecoin and stored directly on Elon Musk’s tweets.
A new type of NFTs that are based on Cardano and stored directly on Google servers.

According to court filings, why did FTX owner Sam Bankman Fried bribe Chinese officials?

Screenshot: Reuters - YouTube
To get a Chinese official to teach him how to make dumplings.
To get a Chinese official to invest in his company.
To get his rival company’s trading accounts frozen.
To get his sister company’s trading accounts unfrozen.