Cryptocurrency Q&A Can two coins have the same ticker?

Can two coins have the same ticker?

SumoHonorable SumoHonorable Wed Nov 20 2024 | 7 answers 1110
I was wondering if it's possible for two different coins to share the same ticker symbol. Is such a scenario allowed in the cryptocurrency world, or does each coin have a unique ticker? Can two coins have the same ticker?

7 answers

IncheonBeauty IncheonBeauty Fri Nov 22 2024
The symbols assigned to cryptocurrencies are selected arbitrarily by their respective developers.

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SeoulSerenity SeoulSerenity Fri Nov 22 2024
This process lacks any form of standardization or regulation.

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BlockchainBaron BlockchainBaron Fri Nov 22 2024
Consequently, it is possible for multiple coins to share the same symbol.

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Carlo Carlo Fri Nov 22 2024
Despite this, there is a mechanism in place to prevent confusion.

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Silvia Silvia Thu Nov 21 2024
Cryptocurrency exchanges are unlikely to list two coins with identical symbols.

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