Auto-Invest MDX Monthly Plan Quiz Answers

Auto-Invest MDX Monthly Plan Quiz Answers

Auto-Invest MDX Monthly Plan Quiz Answers

1. Auto-Invest enables users to buy crypto on a recurring basis. What investment strategy is applied?

A. Buying the dip

B. Dollar-Cost Averaging (DCA)

C. One-off buying

2. John bought $1 worth of MDX daily for the past 1 year for a total of $360. His purchased MDX is now worth $280. What is the most accurate statement?

A. John’s portfolio is profit/loss neutral

B. John’s portfolio is profit making

C. John’s portfolio is loss-making

3. After purchasing crypto via Auto-Invest, where will the funds be stored?

A. Funds will be subscribed to Simple Earn Flexible Product

B. Funds will be added to the users' Spot Wallet

C. Funds will be subscribed to users' Funding Wallet

4. What activities does NOT Mdex’s DeFi platform allow users to do?

A. Swap assets between BSC, Ethereum and HECO via Mdex bridge

B. Option trading

C. Liquidity and trade mining

5. Mdex strives to build a DeFi platform that integrates which of the following:

A. CeFi, Initial Model Offering (IMO), and Decentralized Autonomous Organization (DAO)

B. DEX, Initial Model Offering (IMO), and Decentralized Autonomous Organization (DAO)

C. DEX, Initial Public Offering (IPO), and Decentralized Autonomous Organization (DAO)

The correct answers to the survey are:   

1B: Dollar-Cost Averaging (DCA)

2C: John’s portfolio is loss making

3A: Funds will be subscribed to Simple Earn Flexible Product

4B: Option trading

5B: DEX, Initial Model Offering (IMO), and Decentralized Autonomous Organization (DAO)