common-close-0
BYDFi
Trade wherever you are!

Which is better, BTC or XBT?

avatarTerry JDec 17, 2021 · 3 years ago3 answers

When it comes to digital currencies, there are various acronyms used to refer to Bitcoin. Two commonly used acronyms are BTC and XBT. Which one is better, BTC or XBT? What are the differences between them?

Which is better, BTC or XBT?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Both BTC and XBT are widely used to represent Bitcoin. BTC is the original acronym that has been used since the inception of Bitcoin, while XBT is a newer alternative. The main difference between BTC and XBT is the naming convention. BTC follows the International Organization for Standardization (ISO) currency code standard, where 'BT' represents Bitcoin and 'C' represents cryptocurrency. On the other hand, XBT follows the International Organization for Standardization (ISO) currency code standard for non-national currencies, where 'X' represents a non-national currency and 'BT' represents Bitcoin. In terms of functionality and value, BTC and XBT are essentially the same.
  • avatarDec 17, 2021 · 3 years ago
    BTC and XBT are just different acronyms used to represent Bitcoin. The choice between BTC and XBT is mainly a matter of personal preference. Some people prefer using BTC because it has been the more commonly used acronym for a longer period of time. Others prefer using XBT because it follows the ISO currency code standard. Ultimately, both BTC and XBT refer to the same digital currency.
  • avatarDec 17, 2021 · 3 years ago
    BTC and XBT are both widely accepted acronyms for Bitcoin. However, it's important to note that BTC is the more commonly used acronym in the cryptocurrency community. Most exchanges and platforms refer to Bitcoin as BTC. For example, at BYDFi, we use BTC as the acronym for Bitcoin. While XBT is an alternative acronym, it is not as widely used as BTC. Therefore, if you're new to the world of digital currencies, it's recommended to use BTC as it is more recognizable and widely accepted.