What is the meaning of hecta in the context of cryptocurrency?
Sri MadhuMay 08, 2022 · 3 years ago1 answers
Can you explain the meaning of hecta in relation to cryptocurrency? I've come across this term but I'm not sure what it refers to.
1 answers
- May 08, 2022 · 3 years agoHecta is a term commonly used in the cryptocurrency community to refer to a quantity of 100 units of a specific cryptocurrency. It's a way to simplify discussions about large amounts of cryptocurrency without having to write out all the zeros. For example, if someone says they have 1 hecta of Ripple, it means they have 100 Ripple tokens. It's a handy way to express large quantities in a concise manner. So, if you see the term hecta being used in the context of cryptocurrency, it's simply a way of referring to 100 units of that cryptocurrency.
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