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What is the meaning of the term 'ext price' in the context of cryptocurrency?

avatarForsyth HalbergNov 24, 2021 · 3 years ago3 answers

Can you explain the concept of 'ext price' in relation to cryptocurrency? What does it refer to and how is it used?

What is the meaning of the term 'ext price' in the context of cryptocurrency?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    The term 'ext price' in the context of cryptocurrency refers to the extended price of a digital asset. It represents the total value of a cryptocurrency transaction, including any additional fees or charges. For example, if you are buying Bitcoin and the ext price is $10,000, it means that you will be paying $10,000 in total, including any transaction fees or other costs associated with the purchase. It is important to consider the ext price when trading or investing in cryptocurrencies, as it gives you a more accurate picture of the total cost of your transaction.
  • avatarNov 24, 2021 · 3 years ago
    In the world of cryptocurrency, 'ext price' stands for extended price. It is the total amount you will pay for a cryptocurrency transaction, including any fees or charges. Think of it as the final price you will see on your invoice. So, if you see an ext price of $10,000 for a Bitcoin purchase, it means that you will be paying $10,000 in total, including any additional costs. It's important to keep an eye on the ext price when trading cryptocurrencies to avoid any surprises and make sure you are aware of the full cost of your transactions.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to cryptocurrency, the term 'ext price' refers to the total price of a transaction, including any additional fees or charges. It gives you a clear picture of the total cost you will incur when buying or selling a digital asset. For example, if you are purchasing Ethereum and the ext price is $2,000, it means that you will be paying $2,000 in total, including any transaction fees or other costs. It's important to consider the ext price when making cryptocurrency transactions to ensure you have a complete understanding of the total amount you will be spending.