common-close-0
BYDFi
Trade wherever you are!

Are there any specific reasons why the yen symbol is used before or after in the context of cryptocurrencies?

avatarSANKALP KUMARDec 16, 2021 · 3 years ago3 answers

In the world of cryptocurrencies, the yen symbol is sometimes used before the amount and sometimes after. Is there any particular reason for this difference in usage? What factors determine whether the yen symbol should be placed before or after the amount in the context of cryptocurrencies?

Are there any specific reasons why the yen symbol is used before or after in the context of cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The placement of the yen symbol before or after the amount in the context of cryptocurrencies is primarily determined by cultural and regional conventions. In Japan, the yen symbol is typically placed after the amount, following the Japanese writing system. However, in some international contexts, especially when dealing with Western audiences, the yen symbol may be placed before the amount to align with the standard practice of other currency symbols. Ultimately, the choice of placement depends on the target audience and the desired level of familiarity and conformity with local conventions.
  • avatarDec 16, 2021 · 3 years ago
    There is no strict rule or technical reason behind the placement of the yen symbol in the context of cryptocurrencies. It is more of a stylistic choice and can vary depending on personal preference or the platform where the cryptocurrency is being traded. Some exchanges or platforms may have their own guidelines or conventions for currency symbol placement, while others may leave it up to the user's discretion. As long as the symbol is used consistently and clearly indicates the currency being referred to, the specific placement before or after the amount is not of significant importance.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, follows the convention of placing the yen symbol before the amount in the context of cryptocurrencies. This aligns with the standard practice of other currency symbols used on the platform. The placement of the yen symbol before the amount helps to maintain consistency and clarity in currency representation across different cryptocurrencies traded on BYDFi. However, it's important to note that the placement of the yen symbol can vary across different exchanges and platforms, and there is no universally right or wrong way to use it.