What does ST mean on KuCoin? Is it a new cryptocurrency?

3 answers

• Dec 26, 2021 · 3 years ago
  ST on KuCoin stands for Standard Token. It is a type of cryptocurrency that follows a set of predefined rules and standards. ST tokens are often used as a means of exchange within a specific platform or ecosystem. They can represent assets, utility, or ownership rights. However, it's important to note that ST is not a specific cryptocurrency itself, but rather a general term for tokens that adhere to certain standards.
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• Dec 26, 2021 · 3 years ago
  ST on KuCoin refers to Stablecoin Token. It is a type of cryptocurrency that is designed to maintain a stable value, usually pegged to a fiat currency like USD or a commodity like gold. Stablecoins provide stability in the volatile cryptocurrency market and can be used for various purposes such as trading, remittances, or as a store of value. Some popular examples of stablecoins include Tether (USDT), USD Coin (USDC), and Dai (DAI).
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• Dec 26, 2021 · 3 years ago
  ST on KuCoin can also stand for Stack Token. Stack is a decentralized platform that aims to revolutionize the way developers build and deploy smart contracts on the Ethereum blockchain. Stack Token (STK) is the native cryptocurrency of the Stack ecosystem. It is used for governance, staking, and participating in the platform's decentralized applications. STK holders can earn rewards by staking their tokens and participating in the platform's consensus mechanism. Stack aims to provide scalability, security, and sustainability to the Ethereum network.
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