Why is BTC commonly used as an abbreviation for Bitcoin in the cryptocurrency community?

3 answers

• Dec 19, 2021 · 3 years ago
  BTC is commonly used as an abbreviation for Bitcoin in the cryptocurrency community because it is the currency code assigned to Bitcoin according to the ISO 4217 standard. This code is widely recognized and used in financial systems and exchanges around the world. It provides a concise and universally understood way to refer to Bitcoin.
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• Dec 19, 2021 · 3 years ago
  In the cryptocurrency community, BTC has become the de facto abbreviation for Bitcoin due to its widespread usage and recognition. It is short, easy to remember, and widely used in trading platforms and discussions. Using BTC as an abbreviation saves time and space, especially in the fast-paced world of cryptocurrency trading.
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• Dec 19, 2021 · 3 years ago
  BTC is commonly used as an abbreviation for Bitcoin in the cryptocurrency community. It is a convenient shorthand that allows people to refer to Bitcoin quickly and efficiently. Many exchanges and platforms, including BYDFi, use BTC as the ticker symbol for Bitcoin. This abbreviation has become ingrained in the community and is widely understood by traders and enthusiasts alike.
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