CEX.IO Power Tap Daily Quiz 11/12 April 2025

CEX.IO Power Tap Daily Quiz

Check For: CEX.IO Power Tap Daily Quiz 12/13 April 2025 Updated!

Searching for today’s CEX.IO Power Tap Daily Quiz 11/12 April 2025? Get answers of Today’s Quiz: “The Most Useless Indicators That Everyone Still Uses” & “How CBDCs Are Rewriting Your Wallet” with all previous day. Discover it and claim your CEX.IO Power Tap Daily Quiz with QuikNotes.

About CEX.IO Power Tap Daily Quiz:

The CEX.IO Power Tap is the feature of the CEX.IO platform that allows a user to take part in daily quizzes with rewards as a prize. In the quiz, participants answer questions about cryptocurrencies, blockchain, and sometimes finance in general. The right answers for the participant are rewarded: cryptocurrency, points, and other platform-specific incentives that give users an incentive to keep learning and engage with the platform.

Here Are CEX.IO Power Tap Daily Quiz 11/12 April 2025:

Check For: CEX.IO Power Tap Daily Quiz 12/13 April 2025 Updated!

Task Q1: The Most Useless Indicators That Everyone Still Uses

  1. Why are moving averages called rearview mirrors?
    ✅ They show past data, not future direction
  2. Why is MACD considered slow in the video?
    ✅ It gives signals after the market has already moved
  3. How does the video describe Fibonacci retracement?
    ✅ Magical lines from the 1200s used to predict Shiba Inu
  4. What’s the final advice about indicators?
    ✅ They’re tools, not crystal balls
  5. What’s the main topic of the video?
    ✅ The most useless indicators people still use
  6. What does MACD try to show?
    ✅ Momentum
  7. How is RSI described in the video?
    ✅ The drama queen of indicators
  8. What’s said about the death cross?
    ✅ It shows up after the crash
  9. What happens after traders draw Fibonacci lines, according to the video?
    ✅ They feel smart until their coin drops
  10. What are moving averages compared to?
    ✅ Rearview mirrors
  11.  What does the video say Bollinger Bands look like?
    ✅ Price in a padded cell
  12. What does RSI often signal?
    ✅ Overbought or oversold conditions

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Task Q2: How CBDCs Are Rewriting Your Wallet

  1. How can central banks use CBDCs in a crisis?
    ✅ Airdrop stimulus payments
  2. Why do governments like tracking CBDC transactions?
    ✅ It helps catch tax dodgers
  3. What’s an example of a CBDC from the Bahamas?
    ✅ Sand Dollar
  4. How do CBDCs promote financial inclusion?
    ✅ They allow banking via phones
  5. Which country has an example of a CBDC called e-CNY?
    ✅ China
  6. Where can you learn more about digital currencies?
    ✅ Cedex.io
  7. What’s a risk if a CBDC system fails?
    ✅ Digital funds could disappear
  8. What’s a privacy concern with CBDCs?
    ✅ Every transaction can be tracked
  9. How do CBDCs improve transaction speed?
    ✅ They process digitally faster than cash
  10. What’s a benefit of CBDCs for cross-border payments?
    ✅ They reduce waiting times
  11. What cost do CBDCs help reduce for governments?
    ✅ Cash printing costs
  12. What is a CBDC?
    ✅ Digital cash issued by a central bank

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How to Access the Quiz: Quick Entry Points on CEX.IO:

1. Objectives and Purpose

  • It aims to reward its user base for daily engagement in various activities on CEX.IO, thereby expanding one’s knowledge of crypto and finances.
  • The quiz is a fun, gamified way to learn about blockchain technology, cryptocurrency trends, financial markets, and the features of the platform.

2. Quiz Format

  • Daily Questions: A new quiz question is posted on the platform each day, usually on topics relevant to cryptocurrency, blockchain principles, or current trends in the financial ecosystem.
  • Single or Multiple Choice: Questions may vary between single and multiple choice so that is fair and inclusive to either a beginner and an advanced crypto user generally.
  • Timed Response: Users are forced to respond within some time bracket so that the entire thing does not drag out slowly with time.

3. Forms of Incentives

  • Cryptocurrency Rewards: Such users who accurately answer their quiz may be rewarded in forms of small amounts of some cryptos like Bitcoins or Ethereums among many others.
  • Incentive may be received in the form of points which can be used on the CEX.IO platform. These will give discounts on fees or exchange rates and gain access to more advanced features.

4. Daily Quiz

  • Reward from Regular Participation: Regular participation within the daily quiz shall provide loyalty rewards in the form of higher account levels or chances to participate in promotions carried out on the platform.
  • Exclusive Content Access: Some questions may reward with access to exclusive articles, reports, or crypto insights helpful for both investment and trading strategies.

5. Benefits of engagement and learning

  • Users are pushed to be informed about recent trends in cryptocurrencies, because some questions reflect current events, new coins, or updates within the CEX.IO ecosystem.
  • It is also an educational tool that provides a user with getting more insights into the crypto concepts that could be precious in the decision-making process when it comes to trading or investing.
  • First-time users can become well versed in the platform features through participating in the quiz, hence lowering the conventional learning curve that typically applies when it comes to advanced financial systems.

6. How to Access the Quiz

  • Platform Dashboard: The daily quiz is located on the CEX.IO platform under a specific section, which is usually accessible from the dashboard or through the rewards center.
  • Mobile Application Notifications: CEX.IO may notify users of the daily quiz within their mobile application with reminders of what they stand to gain by participating.
  • Daily Engagement: the daily quiz will ensure optimum use of rewards through perfect engagement. A day that is lost to the quiz can also lose rewards or cumulative bonuses.
  • Reward for Referral: The bonus rewards for those referring their friends to join the quiz and participate could bring the social and networking value in CEX.IO.
  • Using Hints and Platform Resources: CEX.IO occasionally provides hints, such as articles or FAQs, that assist users in answering the quiz correctly, especially about new features of the platform or industry news.

7. Why Participate?

  • Learn About Cryptocurrencies: The quiz is very useful for those users who are interested in expanding their knowledge about cryptocurrencies without requiring them to sit through lengthy tutorials or courses.
  • Earn and Learn: Most education programs and tools do not pay anything for learning. This allows the user to earn whilst learning through the Power Tap Daily Quiz, creating productive cycle in education and remuneration.
  • Community Interactivity: By being on a daily grind, the system can help create this community among the users. Since most of the discussions regarding the topics and questions raised by the quiz and some of the answers and any news about the cryptocurrency tend to happen on social media discussion platforms.

Therefore, CEX.IO Power Tap Daily Quiz is a helpful utility for users who are both new and experienced cryptocurrency fans, adding value through rewards, education, and engagement on the CEX.IO platform.

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