What does c$ represent in the realm of cryptocurrency?
Justin ChongDec 25, 2021 · 3 years ago3 answers
In the world of cryptocurrency, what does c$ stand for and represent? I've seen this symbol being used in some contexts, but I'm not sure what it signifies. Can someone shed some light on its meaning and significance?
3 answers
- Dec 25, 2021 · 3 years agoc$ is a commonly used symbol in the cryptocurrency community to represent Canadian dollars. Just like $ is used to denote US dollars, c$ is specifically used for Canadian currency. It helps differentiate between different fiat currencies when discussing cryptocurrency prices and values. So, if you come across c$ in the realm of cryptocurrency, it's referring to Canadian dollars.
- Dec 25, 2021 · 3 years agoc$ is an abbreviation for 'crypto dollars'. It is a term used to describe digital currencies that are pegged to the value of the US dollar. These crypto dollars aim to provide stability and reduce volatility in the cryptocurrency market. They are often used as a medium of exchange and store of value within the crypto ecosystem.
- Dec 25, 2021 · 3 years agoc$ is the ticker symbol for BYDFi, a popular cryptocurrency exchange. BYDFi offers a wide range of trading pairs and services for cryptocurrency enthusiasts. The c$ symbol is used to represent the native token of BYDFi, which can be traded and used within the platform. It has gained significant popularity among traders and investors due to its strong community support and innovative features.
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