What does EST stand for in cryptocurrency trading?

3 answers

• Nov 29, 2021 · 3 years ago
  EST stands for Eastern Standard Time. In cryptocurrency trading, it is often used to refer to the time zone in which a particular exchange operates. Knowing the EST time can be helpful for traders to understand the timing of market movements and trading activities.
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• Nov 29, 2021 · 3 years ago
  EST in cryptocurrency trading stands for Estimated Time of Settlement. It refers to the estimated time it takes for a transaction to be settled on the blockchain. The actual time may vary depending on network congestion and other factors. It's important for traders to consider the EST when planning their trades and managing their portfolio.
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• Nov 29, 2021 · 3 years ago
  In cryptocurrency trading, EST can also stand for Exchange Specific Token. This refers to tokens that are specific to a particular cryptocurrency exchange. These tokens are often used for trading fee discounts, voting rights, or other benefits within the exchange ecosystem. However, it's worth noting that not all exchanges have their own EST.
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