What does 'ewy' mean in the context of cryptocurrency?

3 answers

• Kasia WicherJun 20, 2024 · a year ago
  In the context of cryptocurrency, 'ewy' refers to the acronym for 'Exchange Without Yield.' It is used to describe a type of cryptocurrency exchange that does not offer any yield or interest on the deposited assets. These exchanges focus solely on facilitating the trading of cryptocurrencies without any additional features like staking or lending. So, if you come across the term 'ewy' in discussions, it means that the exchange being referred to does not provide any yield opportunities for users.
  500

  250
• Abhinandan ChoudharyFeb 03, 2025 · 7 months ago
  Ah, 'ewy'! It's a term that crypto enthusiasts use to describe exchanges that don't offer any yield on your crypto holdings. Basically, it's like a plain vanilla exchange where you can buy and sell cryptocurrencies, but you won't earn any interest or rewards for holding your assets there. It's important to know the meaning of 'ewy' because it helps you understand the type of exchange being discussed and the potential benefits or limitations it may have.
  457

  153
• Sindhya FlexMFeb 25, 2023 · 3 years ago
  When it comes to cryptocurrency, 'ewy' stands for 'Exchange Without Yield.' It's a term used to describe exchanges that don't provide any yield or interest on the cryptocurrencies you hold with them. These exchanges focus solely on trading and don't offer any additional features like staking or lending. So, if you see someone mentioning 'ewy' in the context of cryptocurrency, they're referring to exchanges that don't offer any yield opportunities for users. It's worth noting that not all exchanges are 'ewy,' and some platforms do provide yield options for their users.
  574

  144