Exchange symbol, What does it mean?

Exchange symbol is a term used in the cryptocurrencies field. It is key to understand it in order to fully understand this world

Definition of Exchange symbol

Each cryptocurrency or token has a unique and dictinct symbol by which it is known by, usually an acronym or abreviation of its name. The symbol, or ticker symbol, is publicly used on exchanges and allows an individual to clearly identify the currency or token.

See more: Cryptonyms glossary