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bitcoin
bitcoin

$102418.358867 USD

-1.97%

ethereum
ethereum

$3298.096549 USD

1.21%

xrp
xrp

$3.048127 USD

-1.30%

tether
tether

$0.999866 USD

-0.01%

solana
solana

$231.464380 USD

-2.61%

bnb
bnb

$675.655067 USD

-0.56%

usd-coin
usd-coin

$0.999928 USD

-0.01%

dogecoin
dogecoin

$0.327988 USD

-0.25%

cardano
cardano

$0.945324 USD

-1.12%

tron
tron

$0.256233 USD

0.65%

chainlink
chainlink

$25.471085 USD

1.61%

avalanche
avalanche

$34.603954 USD

-1.17%

stellar
stellar

$0.416369 USD

-2.01%

sui
sui

$4.058447 USD

-3.89%

toncoin
toncoin

$4.893106 USD

1.10%

Symbol

What Is a Symbol?

A symbol is an abbreviated name for a crypto asset. For example, Bitcoin’s symbol is BTC, while Ether’s is ETH. Then you have the likes of Build N' Build (known as BNB for short) and Dogecoin (DOGE).

Symbols are also used in the stock market for well-known public companies — turning Apple into AAPL, and Facebook into FB.

You may be wondering why symbols are necessary. In essence, they can help investors distinguish between digital assets that might have similar names. Thanks to a seemingly endless number of hard forks, there are a number of cryptocurrencies that have Bitcoin in the title — Bitcoin, Bitcoin Cash and Bitcoin SV among them. Symbols help traders distinguish between these coins — turning them into BTC, BCH and BSC. If assets are also being displayed on a fast-moving screen, these symbols also ensure that information can be understood quickly.

The number of letters in a symbol can vary — some only have one character, while others may have four or five.

CoinMarketCap provides information about the symbols of each cryptocurrency on its coin-detail page.