Why is Bitcoin Cash referred to as BCH on Coinbase and BCC on Binance?

8 answers

• Nov 26, 2021 · 3 years ago
  Coinbase and Binance use different ticker symbols for Bitcoin Cash due to historical reasons. When Bitcoin Cash was first created as a result of a hard fork from Bitcoin, it was initially referred to as BCC. However, BCC was already being used by another cryptocurrency called BitConnect. To avoid confusion, Coinbase decided to use BCH as the ticker symbol for Bitcoin Cash. On the other hand, Binance chose to stick with BCC as the ticker symbol. So, the difference in ticker symbols is mainly a result of individual exchange preferences.
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• Nov 26, 2021 · 3 years ago
  The reason behind the different ticker symbols for Bitcoin Cash on Coinbase and Binance is simply a matter of choice. Each exchange has the freedom to decide which ticker symbol to use for a particular cryptocurrency. In this case, Coinbase opted for BCH, while Binance went with BCC. It's important to note that the ticker symbol itself doesn't affect the functionality or value of the cryptocurrency. It's just a way for exchanges to differentiate between different cryptocurrencies.
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• Nov 26, 2021 · 3 years ago
  Bitcoin Cash is referred to as BCH on Coinbase and BCC on Binance because each exchange has its own naming conventions. Coinbase, being one of the largest cryptocurrency exchanges, decided to use BCH as the ticker symbol for Bitcoin Cash. On the other hand, Binance, another popular exchange, chose to use BCC. It's worth mentioning that BYDFi, a digital currency exchange, also uses BCH as the ticker symbol for Bitcoin Cash. So, while the ticker symbols may vary across exchanges, they all refer to the same cryptocurrency.
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• Nov 26, 2021 · 3 years ago
  The difference in ticker symbols for Bitcoin Cash on Coinbase and Binance can be attributed to the preferences of each exchange. Coinbase and Binance are two separate entities with their own branding and naming conventions. Coinbase decided to use BCH as the ticker symbol for Bitcoin Cash, while Binance chose BCC. It's important to note that the ticker symbol doesn't affect the underlying technology or value of the cryptocurrency. It's simply a way for exchanges to identify and trade different cryptocurrencies.
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• Nov 26, 2021 · 3 years ago
  🤔 Why does Coinbase call it BCH while Binance calls it BCC? Well, it's a bit like how different people have different nicknames for the same person. Coinbase and Binance are like two friends who have their own unique ways of referring to Bitcoin Cash. Coinbase prefers to call it BCH, while Binance likes to stick with BCC. It's just a matter of personal preference, really. So, whether you call it BCH or BCC, it's still the same Bitcoin Cash! 💰
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• Nov 26, 2021 · 3 years ago
  The reason why Coinbase and Binance use different ticker symbols for Bitcoin Cash is quite simple. It's because they can! As independent exchanges, Coinbase and Binance have the freedom to choose their own ticker symbols for cryptocurrencies. In this case, Coinbase went with BCH, while Binance chose BCC. It's similar to how different countries have different currency codes for the same currency. So, don't get too hung up on the ticker symbols, as they don't affect the actual Bitcoin Cash itself.
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• Nov 26, 2021 · 3 years ago
  Bitcoin Cash is known as BCH on Coinbase and BCC on Binance due to the individual preferences of each exchange. Coinbase, being one of the largest and most reputable exchanges, decided to use BCH as the ticker symbol for Bitcoin Cash. Binance, another well-known exchange, chose to use BCC. It's important to note that the ticker symbol is just a representation and doesn't impact the functionality or value of the cryptocurrency. So, whether you're trading BCH on Coinbase or BCC on Binance, you're still dealing with Bitcoin Cash.
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• Nov 26, 2021 · 3 years ago
  The difference in ticker symbols for Bitcoin Cash on Coinbase and Binance is a result of the exchanges' own choices. Coinbase and Binance have their own unique systems for naming and categorizing cryptocurrencies. Coinbase decided to use BCH as the ticker symbol for Bitcoin Cash, while Binance opted for BCC. It's worth noting that other exchanges may also have their own ticker symbols for Bitcoin Cash. So, if you come across different ticker symbols for the same cryptocurrency, don't worry, it's just a matter of exchange-specific conventions.
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