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?
7 answers
IncheonBeauty
Fri Nov 22 2024
The symbols assigned to cryptocurrencies are selected arbitrarily by their respective developers.
SeoulSerenity
Fri Nov 22 2024
This process lacks any form of standardization or regulation.
BlockchainBaron
Fri Nov 22 2024
Consequently, it is possible for multiple coins to share the same symbol.
Carlo
Fri Nov 22 2024
Despite this, there is a mechanism in place to prevent confusion.
Silvia
Thu Nov 21 2024
Cryptocurrency exchanges are unlikely to list two coins with identical symbols.