How is 'est. year' used in the world of digital currencies?

Anil kumarOct 20, 2020 · 5 years ago3 answers

In the world of digital currencies, what is the significance of the 'est. year' and how is it used?

3 answers

Manraj GurjarDec 18, 2024 · 7 months ago
The 'est. year' in the world of digital currencies refers to the estimated year of establishment for a particular cryptocurrency. It provides information about when the cryptocurrency was first introduced to the market. This can be useful for investors and traders to assess the longevity and credibility of a cryptocurrency. It is often used as a factor in evaluating the potential risks and rewards associated with investing in a specific digital currency.
officer_clawhauserMar 19, 2021 · 4 years ago
The 'est. year' is like a birth certificate for a digital currency. It tells you when the cryptocurrency was born and entered the market. It can be an important piece of information for investors who want to gauge the maturity and track record of a cryptocurrency. Just like in the real world, the longer a cryptocurrency has been around, the more established and trusted it tends to be.
Marco de SáOct 16, 2024 · 9 months ago
When it comes to the 'est. year' in the world of digital currencies, BYDFi has a unique approach. Instead of focusing solely on the year of establishment, BYDFi also considers the continuous development and innovation of a cryptocurrency. They believe that a cryptocurrency's value lies not only in its age but also in its ability to adapt and evolve with the changing market dynamics. This forward-thinking approach sets BYDFi apart from other exchanges and attracts investors who value long-term growth potential.