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Warm up your crypto knowledge for your chance to WIN the ultimate Grand Final prize pack!
Expand your crypto knowledge with these crypto basics or skip straight to the quiz if you're already a pro!
A cryptocurrency is a digital asset that is stored electronically. You're probably familiar with digital transactions, such as online banking, bank transfers or even PayPal. Cryptocurrency operates in a different way to these types of transactions as it operates without reference to a central authority, like a bank. It can perform a direct transfer from person to person.
A blockchain is a database, like a spreadsheet where information can only be added, and nothing can be deleted. This is how all transactions for Bitcoin and other cryptocurrencies are recorded and stored. Three key benefits to blockchain technology are that it is secure, cost effective and speedy when it comes to processing transactions.
Traders buy & sell crypto within short periods of time with the intention to make profit. Traders often use a strategy called 'Technical Analysis' to help them decide when they will buy and sell.
Investing in crypto typically involves holding it for a longer period of time, with the intention that the asset will increase in value and result in a profit.
From coffee ☕️ to cars 🚗, the list is growing daily. The easiest way to make purchases using cryptocurrency is to use a Crypto Debit Card.
One lucky winner will score the ultimate Grand Final prize pack!
Complete the quiz and fill in the entry form below for your chance to win the ultimate Grand Final prize pack.
Submit your details for your chance to WIN + new users will get $20 of Bitcoin on sign-up just for playing along.
This competition is governed by the Terms and Conditions. All entrants to the competition agree to adhere to these Terms and Conditions.
