Cryptocurrency Q&A
What is token decimal?
What is token decimal?
Silvia
Mon Dec 09 2024
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7
answers
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I'm trying to understand the concept of token decimal in the cryptocurrency or blockchain context. Could someone explain what it means and how it's relevant in these domains?
7 answers
CryptoVanguard
Wed Dec 11 2024
Token decimals represent the smallest divisible unit of a cryptocurrency token.
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Riccardo
Wed Dec 11 2024
This measurement indicates the precision to which a token can be traded or displayed.
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SolitudeNebula
Wed Dec 11 2024
For instance, if a token has two decimals, it can be divided into hundredths.
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ShintoMystical
Tue Dec 10 2024
The decimal places of a token are a crucial aspect of its specifications.
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BonsaiVitality
Tue Dec 10 2024
They define how the token is handled in transactions and how it appears on exchanges.
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