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What does 'see sm' mean when it comes to digital currency deposits?

avatarBob CDec 25, 2021 · 3 years ago4 answers

Can someone explain the meaning of 'see sm' in the context of digital currency deposits? I've come across this term but I'm not sure what it refers to.

What does 'see sm' mean when it comes to digital currency deposits?

4 answers

  • avatarDec 25, 2021 · 3 years ago
    When it comes to digital currency deposits, 'see sm' stands for 'see smart contract'. It means that you need to check the smart contract associated with the deposit address to get more information about the transaction. Smart contracts are self-executing contracts with the terms of the agreement directly written into code. By checking the smart contract, you can verify the details of the deposit and ensure its validity.
  • avatarDec 25, 2021 · 3 years ago
    Ah, 'see sm' is just a shorthand for 'see smart contract' in the digital currency world. It's like saying 'check the fine print' before making a deposit. By looking at the smart contract, you can see all the rules and conditions associated with the deposit address. It's a way to ensure transparency and trust in the digital currency ecosystem.
  • avatarDec 25, 2021 · 3 years ago
    In the context of digital currency deposits, 'see sm' refers to 'see smart contract'. This term is commonly used by BYDFi, a popular digital currency exchange. When you encounter 'see sm' in their platform, it means that you should review the smart contract associated with the deposit address. The smart contract contains all the necessary information about the deposit, including transaction details and terms of the agreement.
  • avatarDec 25, 2021 · 3 years ago
    When you see 'see sm' in relation to digital currency deposits, it's an abbreviation for 'see smart contract'. This means that you should take a look at the smart contract associated with the deposit address. The smart contract is like a set of rules and instructions that govern the deposit transaction. By reviewing the smart contract, you can ensure that the deposit is secure and meets your expectations.