Can you explain the significance of the 'st' label next to coins or tokens on KuCoin exchange?

3 answers

• Dec 24, 2021 · 3 years ago
  The 'st' label stands for 'standard token' and it is used to indicate that a particular coin or token on the KuCoin exchange follows the standard ERC-20 token protocol. This label signifies that the asset is compatible with the Ethereum blockchain and can be easily integrated with other platforms and services that support ERC-20 tokens. It does not have a direct impact on the trading or value of the asset, but it provides important information to traders and investors about the technical specifications of the token.
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• Dec 24, 2021 · 3 years ago
  The 'st' label next to coins or tokens on KuCoin exchange is a way to differentiate between standard tokens and other types of assets. It helps traders and investors identify which tokens are built on the Ethereum blockchain and follow the ERC-20 standard. This label does not have any direct influence on the trading or value of the assets, but it provides transparency and clarity for users who are interested in trading or investing in ERC-20 tokens.
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• Dec 24, 2021 · 3 years ago
  The 'st' label is used on the KuCoin exchange to indicate that a coin or token follows the standard ERC-20 protocol. This label is important for traders and investors who are specifically looking for tokens that are compatible with the Ethereum blockchain. It ensures that these tokens can be easily stored in Ethereum wallets and traded on decentralized exchanges. The 'st' label does not have any direct impact on the trading or value of the assets, but it helps users filter and identify tokens based on their technical specifications.
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