How is EST defined in the digital currency industry?

3 answers

• Apr 24, 2022 · 3 years ago
  EST stands for Estimated Security Time in the digital currency industry. It is a measure of the estimated time it takes for a cryptocurrency transaction to be confirmed and considered secure. This time can vary depending on factors such as network congestion and transaction fees. It is important for users to consider the EST when sending or receiving cryptocurrencies to ensure timely and secure transactions.
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• Apr 24, 2022 · 3 years ago
  EST, short for Estimated Security Time, is a term used in the digital currency industry to indicate the time it takes for a cryptocurrency transaction to be confirmed and considered secure. This time can be influenced by various factors, including the network's congestion and the transaction fees paid. It's crucial for users to be aware of the EST to avoid delays or potential security risks when dealing with cryptocurrencies.
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• Apr 24, 2022 · 3 years ago
  In the digital currency industry, EST refers to Estimated Security Time. It represents the estimated duration required for a cryptocurrency transaction to be confirmed and deemed secure. The EST can be affected by factors such as network congestion and transaction fees. It is advisable for users to consider the EST when conducting cryptocurrency transactions to ensure timely and secure processing.
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