Cryptocurrency Q&A What is dust coin?

What is dust coin?

KpopHarmonySoulMateRadiance KpopHarmonySoulMateRadiance Wed Nov 20 2024 | 5 answers 1508
I recently heard about something called 'dust coin' in the cryptocurrency world. I'm curious to know what it is exactly. Can someone explain to me what dust coin means in simple terms? What is dust coin?

5 answers

Claudio Claudio Fri Nov 22 2024
In the realm of cryptocurrencies, dust is commonly encountered when users engage in transactions involving Bitcoin (BTC).

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Ilaria Ilaria Fri Nov 22 2024
The Bitcoin protocol has a tendency to create small coin outputs during the process of sending BTC back and forth between users.

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SoulStorm SoulStorm Fri Nov 22 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. These services encompass spot trading, futures trading, and wallet solutions among others.

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CryptoChieftain CryptoChieftain Fri Nov 22 2024
Dust represents a minute quantity of coins that exist in fractional values.

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Isabella Isabella Fri Nov 22 2024
This tiny amount is often insufficient to cover the network or transaction fee required for processing.

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