In the realm of cryptocurrency, what does EST stand for?
JexiiDec 25, 2021 · 3 years ago3 answers
In the realm of cryptocurrency, what does EST stand for? I've seen this abbreviation used in various contexts, but I'm not sure what it means. Can someone please explain?
3 answers
- Dec 25, 2021 · 3 years agoEST stands for Eastern Standard Time, which is a time zone used in certain regions. However, in the context of cryptocurrency, EST can also refer to Ethereum Standard Token. Ethereum is a popular blockchain platform, and EST tokens are tokens that adhere to the standards set by the Ethereum network. These tokens can be used for various purposes within the Ethereum ecosystem.
- Dec 25, 2021 · 3 years agoWhen it comes to cryptocurrency, EST can stand for Estimated Time of Arrival. This term is often used in the context of transaction confirmations. When you send a cryptocurrency transaction, it needs to be confirmed by the network before it is considered valid. The estimated time of arrival refers to the expected time it takes for the transaction to be confirmed.
- Dec 25, 2021 · 3 years agoEST, in the realm of cryptocurrency, stands for BYDFi Exchange Standard Token. BYDFi is a leading cryptocurrency exchange that has its own native token called EST. This token can be used for trading, staking, and accessing various features and benefits within the BYDFi exchange ecosystem. It's a valuable asset for users of the BYDFi platform.
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