Quick Fun Crypto Quiz: 10 Essential Questions and Answers

Questions were updated on Nov. 27, 2022.

Daily Quiz: 10 essential Crypto Quiz trivia questions on one of 2021’s buzzwords and 2022’s fails of the year. Which crypto coins does Paypal accept? What’s China’s stand on cryptocurrency? 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 China’s stand on cryptocurrency in 2021?

4 / 10

4. What’s NFT art?

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

5 / 10

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

Image: sothebys.com

6 / 10

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

Screenshot: Sky News - YouTube

7 / 10

7. 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

8 / 10

8. Which image represented El Salvador on South Korean MBC's Tokyo 2020 Olympics opening ceremony broadcast? (Hint: Italy was represented by Pizza)

Screenshot: Tokyo 2020 / MBC via Raphael Rashid on Twitter

9 / 10

9. What's OpenSea?

10 / 10

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

Screenshot: Bloomberg Markets and Finance - YouTube

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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 image represented El Salvador on South Korean MBC's Tokyo 2020 Olympics opening ceremony broadcast? (Hint: Italy was represented by Pizza)

Screenshot: Tokyo 2020 / MBC via Raphael Rashid on Twitter
Surfers.
Pupusas (Stuffed Tortillas).
Ronald Reagan.
Bitcoin.

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

Dogecoin.
Bitcoin.
Litecoin.
Ethereum.

What’s China’s stand on cryptocurrency in 2021?

China bans all cryptocurrency trading and mining.
China permits only the use of Bitcoin as cryptocurrency.
China made Bitcoin a formal currency.
China permits only Chinese crypto coins.

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.