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Academy Glossaries Details

Ticker Symbol

A ticker symbol is a distinctive combination of letters assigned to a cryptocurrency for easy identification on trading platforms. Similar to abbreviations used for companies in the stock market, these symbols offer a convenient shorthand method to refer to various cryptocurrencies. For instance, BTC represents Bitcoin, while ETH represents Ethereum. By using ticker symbols, market participants can quickly and effectively track and discuss different cryptocurrencies without the need to spell out their full names.