What does MTFS mean in the context of cryptocurrency?
Gu WeiDec 18, 2021 · 3 years ago3 answers
In the context of cryptocurrency, what is the meaning of MTFS? I've come across this term but I'm not sure what it stands for and how it relates to the cryptocurrency industry. Can someone please explain?
3 answers
- Dec 18, 2021 · 3 years agoMTFS stands for Multi-Time Frame Support, which is a technical analysis tool used in cryptocurrency trading. It helps traders analyze price movements and trends across different time frames, such as hourly, daily, or weekly. By examining multiple time frames, traders can gain a better understanding of the overall market sentiment and make more informed trading decisions. It's a useful tool for both short-term and long-term traders.
- Dec 18, 2021 · 3 years agoMTFS is short for More Than Financial Services, which is a term used to describe the broader impact of cryptocurrencies beyond just financial transactions. Cryptocurrencies have the potential to revolutionize various industries, including supply chain management, voting systems, and decentralized applications. MTFS represents the idea that cryptocurrencies can be used for more than just financial services and have the potential to disrupt traditional systems and processes.
- Dec 18, 2021 · 3 years agoMTFS, in the context of cryptocurrency, refers to the Minimum Time for Funding Settlement. It is a measure of the minimum time required for a cryptocurrency transaction to be settled and confirmed on the blockchain. Different cryptocurrencies have different MTFS values, depending on factors such as network congestion and transaction fees. It's important for users to be aware of the MTFS of the cryptocurrency they are transacting with, as it can affect the speed and reliability of their transactions.
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