common-close-0
BYDFi
Trade wherever you are!

Which cryptocurrency symbols are commonly used in Singapore?

avataranphungDec 16, 2021 · 3 years ago1 answers

In Singapore, what are the most commonly used symbols for cryptocurrencies?

Which cryptocurrency symbols are commonly used in Singapore?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    In Singapore, the commonly used symbols for cryptocurrencies include BTC, ETH, XRP, LTC, and BCH. These symbols represent some of the most well-known and widely traded cryptocurrencies in the market. BTC, or Bitcoin, is the original and most valuable cryptocurrency. ETH, or Ethereum, is a blockchain platform that enables the creation of decentralized applications. XRP, or Ripple, is a digital payment protocol that aims to revolutionize cross-border transactions. LTC, or Litecoin, is a peer-to-peer cryptocurrency that offers faster transaction confirmation times compared to Bitcoin. BCH, or Bitcoin Cash, is a cryptocurrency that was created as a result of a hard fork from Bitcoin. These symbols are commonly used in Singapore's cryptocurrency exchanges and trading platforms, making them easily recognizable and accessible to traders and investors.