Why is there a little red 'st' next to certain coins in KuCoin?

5 answers

• Dec 27, 2021 · 3 years ago
  The little red 'st' next to certain coins in KuCoin stands for 'staking'. Staking is a process where users hold and lock their coins in a wallet to support the network's operations. By staking their coins, users can earn additional rewards or benefits. The 'st' symbol indicates that the coin is eligible for staking on the KuCoin platform. It's a way for users to earn passive income by participating in the network's consensus mechanism.
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• Dec 27, 2021 · 3 years ago
  The little red 'st' next to certain coins in KuCoin is a signal that those coins can be staked. Staking is a popular method in the cryptocurrency world that allows users to earn rewards by holding and supporting the network. By staking their coins, users contribute to the security and stability of the network and, in return, receive additional coins as rewards. The 'st' symbol is a visual indicator that these coins are eligible for staking on the KuCoin platform.
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• Dec 27, 2021 · 3 years ago
  The little red 'st' next to certain coins in KuCoin is an indication that those coins can be staked. Staking is a way for users to earn passive income by holding and supporting the network. When you stake a coin, you lock it in a wallet and help validate transactions on the network. In return, you receive additional coins as a reward. KuCoin supports staking for certain coins, and the 'st' symbol lets you know which ones are eligible for staking on their platform. If you're interested in staking, you can explore the staking options available on KuCoin or other platforms like BYDFi.
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• Dec 27, 2021 · 3 years ago
  The little red 'st' next to certain coins in KuCoin indicates that those coins can be staked. Staking is a process where users lock their coins in a wallet to support the network and earn rewards. By staking, you contribute to the security and decentralization of the network. KuCoin offers staking services for selected coins, and the 'st' symbol is used to identify those coins. If you're interested in staking, you can explore the staking options on KuCoin or other platforms that support staking.
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• Dec 27, 2021 · 3 years ago
  The little red 'st' next to certain coins in KuCoin represents staking. Staking is a way for users to participate in the network and earn rewards. When you stake a coin, you contribute to the network's security and consensus mechanism. KuCoin supports staking for specific coins, and the 'st' symbol is used to indicate which coins are eligible for staking. If you want to earn passive income through staking, you can explore the staking options available on KuCoin or other platforms that support staking.
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