NFT Guide 1

Question 1

Coins used to transact with NFT Products

Accepted Answer

ETH

Answer

BTC

Answer

AOA

Answer

IDR

Question 2

Can you purchase NFTs with bitcoin?

Accepted Answer

No

Answer

Yes

Question 3

What is the time it takes for NFT transactions to settle?

Accepted Answer

T+0

Answer

T+2

Answer

T+1

Question 4

Below are NFT's risks and problems, with the except:

Accepted Answer

Covid-19

Answer

Power Consumption

Answer

Copyright

Answer

Proof of work

Question 5

Are cryptocurrencies a part of NFT?

Accepted Answer

No

Answer

Yes

Question 6

Who is the Ethereum founder?

Accepted Answer

Vitalik Buterin

Answer

Dear Butter

Answer

Bill Gates

Question 7

The Ethereum platform has the advantages listed below, except?

Accepted Answer

Alternate Cash Settlements

Answer

Smart Contracts