common-close-0
BYDFi
Trade wherever you are!

What does it mean when a cryptocurrency logo has an x symbol?

avatar19BBT053 SREENU. VDec 29, 2021 · 3 years ago3 answers

Can you explain the significance of the x symbol in cryptocurrency logos?

What does it mean when a cryptocurrency logo has an x symbol?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    The x symbol in cryptocurrency logos often represents the word 'exchange'. It is commonly used to indicate that the cryptocurrency is associated with a specific exchange platform. For example, if you see an x symbol in a logo, it could mean that the cryptocurrency can be traded on that particular exchange. It's a way for exchanges to brand their supported cryptocurrencies and create a recognizable logo.
  • avatarDec 29, 2021 · 3 years ago
    When a cryptocurrency logo has an x symbol, it usually means that the cryptocurrency is affiliated with a specific exchange. The x symbol is a shorthand way of indicating that the cryptocurrency can be traded on that exchange. It's similar to how a dollar sign ($) represents the US dollar. So, if you come across a cryptocurrency logo with an x symbol, you can assume that it is associated with an exchange platform.
  • avatarDec 29, 2021 · 3 years ago
    The x symbol in cryptocurrency logos is often used to represent the word 'exchange'. It signifies that the cryptocurrency can be traded on a specific exchange platform. This symbol helps users quickly identify which cryptocurrencies are available for trading on a particular exchange. It's a common practice in the cryptocurrency industry to use the x symbol as a branding element in logos to establish a connection with a specific exchange.