In the realm of cryptocurrency, what does EST stand for?
Shivani ChalwadeMay 04, 2022 · 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
- May 04, 2022 · 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.
- May 04, 2022 · 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.
- May 04, 2022 · 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.
Related Tags
Hot Questions
- 97
What are the best digital currencies to invest in right now?
- 96
What are the tax implications of using cryptocurrency?
- 72
Are there any special tax rules for crypto investors?
- 42
How can I minimize my tax liability when dealing with cryptocurrencies?
- 42
What are the advantages of using cryptocurrency for online transactions?
- 24
What are the best practices for reporting cryptocurrency on my taxes?
- 21
How does cryptocurrency affect my tax return?
- 10
How can I protect my digital assets from hackers?