CEX.IO Power Tap Daily Quiz 16/17 August 2025

CEX.IO Power Tap Daily Quiz

Check For: CEX.IO Power Tap Daily Quiz 18/19 August 2025 Updated!

Searching for today’s CEX.IO Power Tap Daily Quiz 16/17 August 2025? Get answers of Today’s Quiz: “The sunk cost fallacy in crypto. Stop holding bad coins” & “Dusting attacks explained. Tiny coins, big privacy risks” 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.

Check For: CEX.IO Power Tap Daily Quiz 18/19 August 2025 Updated!

Here Are CEX.IO Power Tap Daily Quiz 16/17 August 2025:

Task 1: The sunk cost fallacy in crypto. Stop holding bad coins

  1. What question should you ask when deciding whether to keep a coin?
    ✅ Would I buy this coin again today at this price?
  2. Why do people hold losing tokens even when they don’t believe in them anymore?
    ✅ They’re stuck emotionally because they already invested.
  3. What’s the harsh truth about money spent on a bad investment?
    ✅ It’s already gone – and can’t be recovered by holding.
  4. When does holding become dangerous?
    ✅ When it’s based on past investments rather than current value.
  5. What should guide your next move in crypto?
    ✅ Clarity, logic, and current opportunities.
  6. Why is “hope” not a great crypto strategy?
    ✅ It distracts from real analysis and decision-making.
  7. How does the market view your personal investment decisions?
    ✅ It doesn’t care – only the current value matters.
  8. Why is it risky to let pride control your portfolio decisions?
    ✅ You may stay in bad positions just to avoid admitting you were wrong.
  9. What’s the benefit of letting go of a losing token?
    ✅ It frees up attention and capital for smarter plays
  10. What’s a sign you’re being ruled by emotion instead of strategy?
    ✅ You’re afraid selling will “make it real” that you lost
  11. What is the sunk cost fallacy in crypto?
    ✅ Holding onto a token just because you already spent time or money on it
  12. What do smart investors do when they spot the sunk cost trap?
    ✅ They cut losses and move on to better opportunities.
  13. Report if any wrong Answer on: Telegram

Task 2: Dusting attacks explained. Tiny coins, big privacy risks

  1. Why is the term “dust” used?
    ✅ Because the amounts are nearly invisible.
  2. What should you do if you see a tiny unexpected deposit?
    ✅ Don’t interact with it or include it in transactions.
  3. How can attackers use dust to uncover identities?
    ✅ By tracking how dust is spent across addresses.
  4. Which wallet feature helps protect against dusting?
    ✅ Coin control.
  5. Why do attackers send such tiny amounts of crypto?
    ✅ To trace wallet activity through blockchain analysis.
  6. What is a dusting attack in crypto?
    ✅ A tactic where hackers send tiny crypto amounts to track wallets.
  7. Why are wallets with coin control safer?
    ✅ They let you choose which coins to spend
  8. What happens when you unknowingly spend the dust?
    ✅ It links your wallet to other addresses
  9. What’s the main goal of a dusting attack?
    ✅ To steal your privacy by analyzing transaction history
  10. What else can help protect your privacy in crypto?
    ✅ Using privacy tools or coin mixers
  11. What’s a warning sign of a dusting attempt?
    ✅ A random micro-deposit you didn’t expect
  12. What’s the best mindset when dealing with strange tokens?
    ✅ Treat them as suspicious and leave them alone
  13. Report if any wrong Answer on: Telegram

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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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