Master your CDAA with 3 practice exams of 100 questions each pulled from a database of 950+ questions. Immediate feedback after each question. Plus 1 certification style exam with gap analysis report to show areas of weakness.
more infoWhat I appreciate most about Plum Stone Prep’s online practice tests is their emulation of the real exam. Entering the exam room, I felt a strong sense of confidence in my grasp of the material, and upon leaving, I had no doubt that my investment of time had been thoroughly justified.
Janice B. New Jersey
What you get in this package
Ready to become a Certified Digital Asset Advisor? Look no further, because our practice exam package is here to make sure you pass with flying colors! We promise, this isn't your typical "sit in a stuffy room" kind of exam prep.
In this package you get:
- 3 practice exams with immediate feedback after each response
- A Gap Analysis report at the end of the practice exams to show areas of weakness
- 1 sample certification exam (answers not shown) that simulates the CDAA exam
So why wait? Start prepping today, and let's make the CDAA certification journey as fun as a barrel of monkeys (minus the monkey business)! Prep with the Dude!
About the CDAA exam
The Certified Digital Asset Advisor (CDAA) certification is a program designed to provide financial professionals with the knowledge and skills needed to advise clients on digital assets, such as cryptocurrencies.
To be eligible for the CDAA certification, you must have a minimum of one year of professional experience in the financial services industry or a bachelor's degree from an accredited college or university.
The CDAA exam is a 100-question, multiple-choice, closed-book exam. It is administered online and must be completed within 2 hours. Passing score is 70%
Topics covered:
- Blockchain technology fundamentals
- Digital asset markets and exchanges
- Digital asset investment vehicles
- Regulatory landscape and compliance
- Anti-money laundering (AML)
- Know-your-customer (KYC) requirements
- Taxation of digital assets
- Digital asset custody and security
- Incorporating digital assets into investment portfolios
- Advising clients on digital assets
The CDAA certification is a relatively new program, having been launched in late 2020 by the Digital Assets Council of Financial Professionals (DACFP). As the digital asset space continues to evolve, the CDAA certification may become increasingly valuable for financial advisors looking to differentiate themselves and meet client demand for guidance on cryptocurrencies and other digital assets.
Holding the CDAA certification demonstrates a financial professional's expertise in digital assets and their ability to provide knowledgeable advice to clients interested in this growing asset class. It can enhance credibility and potentially lead to new business opportunities.
Once certified, CDAAs must complete 20 hours of continuing education every two years to maintain their certification.
CDAA Exam FAQs
What is the purpose of the CDAA certification?
The CDAA certification is designed to validate the knowledge and skills of financial advisors, wealth managers, and investment professionals in the field of digital assets. It demonstrates their expertise in advising clients on digital asset investments, portfolio management, and regulatory considerations.
What organization offers the CDAA certification?
The CDAA certification is offered by the Digital Assets Council of Financial Professionals (DACFP), a leading organization dedicated to educating and certifying financial professionals in the digital asset space.
What are the eligibility requirements for the CDAA exam?
To be eligible for the CDAA exam, candidates must have a minimum of 3 years of experience in financial services or a related field. They should also have a basic understanding of digital assets and blockchain technology.
What are the benefits of obtaining the CDAA certification?
The CDAA certification offers several benefits, including:
- Demonstrating expertise and credibility in the field of digital assets
- Enhancing marketability and career opportunities in the financial services industry
- Staying updated with the latest trends, regulations, and best practices in digital asset investments
- Providing assurance to clients about the advisor's knowledge and competence in digital assets
- Networking with a community of certified digital asset professionals
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