Crypto Vocabulary Trivia Quiz Part 2

Sightly more challenging cryptocurrency vocabulary quiz. Join us for Part 2 in testing your knowledge of crypto acronyms with this fun multiple-choice quiz.

1. What is DAO?

What is the correct meaning for the defi acronym DAO?

What is DAO?
Data Access Object
Decentralized Autonomous Organization
Designated Authorizing Official

2. What is ATL?

Choose the correct meaning for the cryptocurrency acronym ATL.

What is ATL?
Average Trading Loss
Another Token Launch
All Time Low

3. What is CEX?

Choose the correct meaning for the cryptocurrency acronym CEX.

What is CEX?
Centralized Exchange
Coin Exchange
Cryptocurrency Electronic Transfer

4. What is FOMO?

Choose the correct meaning for the cryptocurrency acronym FOMO.

What is FOMO?
Financial Opportunity Marketing Organization
Fear Of Missing Out
First Oder Made Online
False Offers Malicious Offers

5. What is MCAP?

Choose the correct meaning for the cryptocurrency acronym MCAP.

What is MCAP?
Marketcap
Media Capitulation
Money Captain
Mc Donald's Application Please

6. What is DCA?

Choose the correct meaning for the cryptocurrency acronym DCA.

What is DCA?
Defi Crypto App
Don't Connect Account
Dollar Cost Average
Decentralized Cryptocurrency Asset

7. What is a Faucet?

In cryptocurrency, what is the correct meaning of a Faucet?

What is a Faucet?
A faucet allows users to transfer Bitcoin into Ethereum.
A website that gives small amounts of free crypto/gas tokens for completing tasks so that people can use the platform.
A tax that is implemented by centralized exchanges to generate profit.
The term reflection tokens use for rewards distributions to holders.

8. What is FIAT?

In cryptocurrency, what is the correct meaning of a FIAT?

What is FIAT?
Government Issued Currency
A Cryptocurrency Ticker Symbol
A Tax Applied To Cryptocurrency
Social Platform On The Blockchain
I created my first website in 2004, bought my first cryptocurrency in 2016, minted my first NFT in 2022, and have a complete NFT collection ready to be released and going live in 2023. I write about cryptocurrency, decentralized finance, non-fungible tokens, and...