CEX.IO Quiz: Dollarization vs Bitcoinization. Competing forces in global finance

By / / Coins

Looking for today’s CEX.IO Power Tap Daily Quiz 18 October 2025? Get answers of Today’s Quiz: “Dollarization vs Bitcoinization. Competing forces in global finance” 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 18 October 2025:

Task: Dollarization vs Bitcoinization. Competing forces in global finance

  1. What role does the dollar play in unstable economies?
    ✅ It becomes the unofficial currency for savings, salaries, and shops.
  2. What is bitcoinisation mainly about?
    ✅ Independence, innovation, and control from failing institutions.
  3. What can you do with Bitcoin in El Salvador?
    ✅ Pay taxes, buy goods, and receive salaries.
  4. Why do people in Argentina and Turkey rush to buy dollars?
    ✅ Local inflation makes the dollar a safer option.
  5. What is dollarisation mainly about?
    ✅ Stability, trust, and tradition.
  6. Which country made Bitcoin legal tender in 2021?
    ✅ El Salvador.
  7. Why do some communities prefer Bitcoin over dollars?
    ✅ It isn’t controlled by central banks and can’t be inflated.
  8. What two global forces are battling over the future of money?
    ✅ The US dollar and Bitcoin.
  9. Why has dollarisation been the traditional answer to currency collapse?
    ✅ People adopt the US dollar for stability and trust.
  10. What is bitcoinisation?
    ✅ Using Bitcoin instead of government money.
  11. What does the future of money likely look like?
    ✅ A tug-of-war with both dollars and Bitcoin competing.
  12. What’s the trade-off between dollars and Bitcoin?
    ✅ Dollars being controlled by a central authority while Bitcoin is decentralized.
  13. Report if any wrong Answers on (or, share questions) : Telegram

Get Daily Updates On Telegram – Join Now 👈

Want to Join Game? Click Here

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.

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.

Stay Tunned

Keep you up with the latest in gaming, entertainment, general news, puzzles, technology, and more. Our detailed roundup of recent articles covers a broad spectrum of subjects, providing you with both information and entertainment on diverse topics. Stay informed and engaged with a variety of interests through our comprehensive updates.

Scroll to Top