What does 'ST' mean in the context of Kucoin and cryptocurrency?

3 answers

• May 07, 2022 · 3 years ago
  ST stands for 'Standard Token' on Kucoin. It is a term used to refer to tokens that adhere to certain standards and protocols. These tokens are typically built on blockchain platforms like Ethereum and follow specific token standards such as ERC-20. ST tokens can be traded on the Kucoin exchange and are subject to the same rules and regulations as other cryptocurrencies.
  373

  187
• May 07, 2022 · 3 years ago
  In the context of Kucoin and cryptocurrency, 'ST' refers to 'Security Token'. Security tokens are digital assets that represent ownership or investment in a real-world asset, such as stocks, bonds, or real estate. These tokens are regulated and offer investors certain rights and protections. Kucoin provides a platform for trading security tokens, allowing users to buy and sell these assets in a secure and compliant manner.
  426

  142
• May 07, 2022 · 3 years ago
  ST in the context of Kucoin and cryptocurrency actually refers to 'Stack Token'. Stack is a decentralized finance (DeFi) platform that aims to provide a range of financial services on the blockchain. Stack Token (ST) is the native token of the Stack platform and is used for governance, staking, and other functions within the ecosystem. It can be traded on Kucoin and other supported exchanges.
  395

  99