What does 'st' next to a coin or token on KuCoin exchange mean on May 3, 2018?

1 answers

• Mar 22, 2022 · 3 years ago
  When you see 'st' next to a coin or token on KuCoin exchange, it means that the coin or token supports staking. Staking is a mechanism that allows users to participate in the network's consensus and earn rewards by holding their coins in a staking wallet. By staking their coins, users contribute to the security and stability of the blockchain network, and in return, they receive additional coins or tokens as rewards. The 'st' next to a coin or token on KuCoin exchange is a way to indicate that staking is available for that particular cryptocurrency.
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