Hot Wallets vs Cold Wallets MCQs

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1. : What is a hot wallet primarily connected to?





2. : Which type of wallet is considered more secure from hacking?





3. : Hardware wallets like Ledger and Trezor are examples of?





4. : Which wallet type is best for frequent transactions?





5. : A paper wallet is a type of?





6. : What is the main advantage of hot wallets?





7. : Which type of wallet typically requires a USB device?





8. : Cold wallets are mostly used for?





9. : Which wallet type is generally free to use?





10. : Which of the following is a disadvantage of cold wallets?





11. : Mobile wallets are an example of?





12. : Which wallet type requires internet for access?





13. : Storing private keys offline is characteristic of?





14. : The main vulnerability of hot wallets is?





15. : Which wallet is usually recommended for new beginners?





16. : Which wallet type requires manual setup and device handling?





17. : Which type of wallet stores private keys on the user’s device connected to the internet?





18. : A QR code printed wallet is an example of?





19. : Which wallet type is faster for sending crypto?





20. : Cold wallets are also called?





21. : Which wallet type is at higher risk if a device is infected with malware?





22. : Which type of wallet is most practical for holding large amounts of crypto securely?





23. : Desktop wallets can be classified as?





24. : Which type of wallet is typically purchased with a cost?





25. : The biggest risk of cold wallets is?





26. : Which wallet type is more user-friendly for beginners?





27. : Hot wallets are best suited for?





28. : An exchange-provided wallet is usually a?





29. : Which wallet type requires no electricity or internet to remain functional?





30. : Which is considered safer from cyber-attacks?





31. : Hot wallets usually store private keys?





32. : Cold wallets are often recommended for?





33. : Which of the following is NOT a hot wallet?





34. : The convenience of hot wallets comes with the trade-off of?





35. : Cold wallets are considered what type of storage?





36. : Which wallet is preferable for micropayments?





37. : Hot wallets are most suitable for users who?





38. : Which type of wallet usually involves generating a seed phrase for recovery?





39. : Cold wallets are less vulnerable because they?





40. : Which type of wallet is directly accessible via browser?





41. : Hot wallets are often integrated into?





42. : Which wallet type balances both convenience and high security but comes at a cost?





43. : A hot wallet can become more secure if?





44. : Which wallet type is the least convenient for daily use?





45. : Cold wallets are often preferred by?





46. : Which wallet type poses risks if the service provider is hacked?





47. : The cost-free method to create a cold wallet is?





48. : Which is an example of a cold wallet device?





49. : Hot wallets are less secure because they are?





50. : The key difference between hot and cold wallets is?





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