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?
In this article
Take the Crypto quiz!
Found a mistake? Tell us!
Come back tomorrow for another quiz!
More Business and Tech Trivia:
-
Business Trivia Game 2022
- Social Media Quiz
- Apple Quiz 2022
- Facebook Quiz
- Elon Musk Quiz
- Windows 11 Quiz
- Latest Business News Trivia Quiz
- The Trillion Dollar Quiz
- Essential 2021 Science and Technology Quiz
- The 2021 Big Business Quiz
- Latest technology trivia questions
The Crypto Quiz News Sources
-
Photo: CryptoWallet.com /CC BY 2.0
- Press Release: PayPal Launches “Checkout with Crypto” (paypal-corp.com)
- China’s top regulators ban crypto trading and mining, sending bitcoin tumbling (Reuters)
- Beeple breaks record: First NFT artwork at auction sells for staggering $69 million (CNN)
- ‘Art enthusiasts’ burn a Banksy print, then sell it as an NFT (theartnewspaper.com)
- Damien Hirst’s Medium is the Art Market (nytimes.com)
- Damien Hirst burns his art after selling NFTs (BBC News)
- El Salvador becomes the first country to adopt bitcoin as legal tender (The Guardian)
- El Salvador Bitcoin city planned at the base of Conchagua volcano (BBC News)
- NFT Sales Are Flatlining (WSJ)
- Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet (coindesk.com)
- FTX cryptocurrency exchange seeks bankruptcy as federal agencies investigate (NPR)
The Crypto Quiz Questions
Here’s the complete list of questions and multiple-choice answers for our Crypto trivia game.

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.
What’s NFT art?
Image: Beeple | The First 5000 Days / Christies.com
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.