TOX Quiz

How can traders on TOX protect themselves from extreme market volatility?

• Use limit orders

• Leverage up to 100x

• Only trade during high volatility periods

• Ignore market trends

What is the significance of 'liquidity pools' in decentralized trading platforms like TOX?

• They ensure fast transaction confirmations

• They provide funds for seamless trading

• They increase network security

• They reduce transaction fees

What trading strategy involves holding an asset for a short period to take advantage of price swings?

• Scalping

• Day Trading

• Swing Trading

• Position Trading

What trading strategy involves holding an asset for a short period to take advantage of price swings?

• Scalping

• Day Trading

• Swing Trading

• Position Trading

In trading, what is a 'stop-loss' order used for?

• Maximizing profits

• Minimizing potential losses

• Increasing leverage

• Hedging against volatility

What is the minimum withdrawal for flashpick game?

• 10%

• 0.2%

• 5%

• 2%

What does TOX stand for, and what is its primary purpose within the TON blockchain ecosystem?

• TON Open Exchange

• Tokenized Options Exchange

• Trading On eXchange

• TON Optimized eXchange