trading volume</strong></a>. Investors and traders analyze trading volume in order to remain<strong> up-to-date on the current market status</strong>. It gives real-time information on how a coin has fluctuated during intraday trading.</p>\n<p>Now, a ticker symbol is a mixture of letters representing various assets, stocks, or cryptocurrency tokens on different swapping services &amp; exchanges,<strong> as well as other</strong> <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-defi/">DeFi platforms.</p>\n<p><a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin&rsquo;s ticker symbol is BTC, and <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-ethereum-eth/">Ethereum&rsquo;s ticker symbol is <strong>ETH </strong>- these are the most well-known examples. Ticker symbols are very significant when it comes to stocks and cryptocurrencies that have similar-sounding names. They help investors to differentiate between similar assets.</p>\n<p>Ticker symbols were first introduced on stock exchanges in the United States in the second half of the 19th century. As additional equities were added to the market, floor traders noticed that they needed a convenient and simple means to interact with one another concerning various companies. This is the main reason why ticker symbols were created.</p>\n<p>The prevention of theft, as well as <strong>fraud,</strong> is another essential role ticker symbols play. <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-scamcoin/">Scamcoins&nbsp;attempt to duplicate the name and token ticker symbol as closely as possible in order to trick investors into purchasing them. Therefore, even though <strong>two cryptocurrencies may have the same</strong> or extremely similar names, they certainly cannot have an identical ticker symbol.</p>\n<p>Name regulations prohibit the use of the same ticker for two stocks or two cryptocurrency tokens. This implies that <strong>researching and knowing the ticker symbol</strong> of the token you're attempting to buy is an effective approach to avoiding acquiring a scamcoin.</p>\n<p>Ticker symbols typically have three-letter combinations. Nowadays, though, you might come across ticker symbols made up of five or even six letters. The most well-known examples are:</p>\n<ul>\n<li>Dogecoin (DOGE)</li>\n<li><strong>Tether (USDT)</strong></li>\n<li>Polygon (MATIC)</li>\n</ul>\n<p>New tokens might launch every minute which could result in some of them having nearly identical names. In regards to that, tickers are there to distinguish tokens from one another. For instance, it is easy to confuse Bitcoin and Bitcoin Cash. 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href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-exchange/">exchange. Practically all cryptocurrency exchanges track and record it on the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-blockchain/">blockchain daily. The total exchange volume of a specific exchange can be located on their websites. The amount of currency that has been traded in the last 24 hours is called the <strong>daily exchange volume</strong>.</p>\n<h3>Why Is Total Exchange Volume Important?</h3>\n<p>For cryptocurrency traders, total exchange volume is a crucial metric since it displays how much money is being moved on a given platform. The exchange is more liquid if the number is higher. Therefore,&nbsp;trading big quantities of cryptocurrency on exchanges with greater total exchange volumes is much easier.</p>\n<p>Since it <strong>considers multiple elements that determine value</strong>, total exchange volume is a more accurate indicator of value than <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-market-capitalization-market-cap-mcap/">market capitalization</strong></a>. It assesses not only supply and demand, but also active use cases and a <strong>cryptocurrency's potential growth</strong>.</p>\n<p><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-volume/">Volume is one of the most influential factors in the crypto market. The volume of a market can influence where a cryptocurrency will trade and overall how valuable it is. Traders prefer <strong>high-volume markets</strong> because they have more <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-liquidity/">liquidity and reduced <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-volatility/">volatility. This is the case because&nbsp;there might not be enough liquidity to support price changes when huge orders are made in low-volume markets.</p>\n<p>The <strong>fundamental purpose of exchange volume</strong> is to demonstrate how well prices stand during periods of strong activity. For instance, if prices are setting new highs on light volume, it indicates that traders aren't persuaded that the upward trend will last.</p>","level":"easy","meta_title":"What is Total Exchange Volume? 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This network is managed by a non-profit organization called the Tor Project. They also created a Tor Browser which is an open-source browser that uses Tor to automatically redirect traffic.</p>\n<p><strong>How does Tor work?</strong> Each user's traffic is routed through three random relays (or <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-node/">nodes) before reaching its final destination. Each stage of the journey is encrypted separately, and each relay is only aware of where the traffic came from and where it is heading immediately afterward. This means that no relay can ever know the entire path of any traffic.</p>\n<p>Tor network is probably mostly known for being a gateway to the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-dark-web/">dark web</strong></a> and markets accessible via \".onion\" addresses. The most well-known of these dark markets was the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-silk-road/">Silk Road</strong></strong></a> (which is now shut down) where users could buy illegal stuff (fake IDs, guns, drugs, and so on) anonymously using <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin (BTC)</strong></a>.</p>\n<p>Though note that activists, journalists, law enforcement agencies, dissidents, intelligence services, and others, who want to stay anonymous online in order to stay protected and secure, also use Tor.</p>","level":"easy","meta_title":"What is Tor? 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Crypto Terms: Letter T

What is Ticker (Symbol)?

Ticker (Symbol) MEANING:
Ticker (Symbol) - The ticker symbol is a unique collection of letters issued to stocks or cryptocurrencies that allows them to be identified on exchanges and other trading platforms.
Medium
2 minutes

Let's find out Ticker (Symbol) meaning, definition in crypto, what is Ticker (Symbol), and all other detailed facts.

A ticker is simply an indicator of a certain asset that is regularly updated by the different stock market exchanges throughout the trading session. Those who are familiar with the content of a financial news channel have probably seen the bottom of the display's unending loop of stocks and commodities scrolling by at a tremendous pace.

Following that, a "tick" can also refer to any form of adjustment in the price of the asset, particularly up and down movements. A stock ticker constantly shows these ticks, as well as other key data, such as trading volume. Investors and traders analyze trading volume in order to remain up-to-date on the current market status. It gives real-time information on how a coin has fluctuated during intraday trading.

Now, a ticker symbol is a mixture of letters representing various assets, stocks, or cryptocurrency tokens on different swapping services & exchanges, as well as other DeFi platforms.

Bitcoin’s ticker symbol is BTC, and Ethereum’s ticker symbol is ETH - these are the most well-known examples. Ticker symbols are very significant when it comes to stocks and cryptocurrencies that have similar-sounding names. They help investors to differentiate between similar assets.

Ticker symbols were first introduced on stock exchanges in the United States in the second half of the 19th century. As additional equities were added to the market, floor traders noticed that they needed a convenient and simple means to interact with one another concerning various companies. This is the main reason why ticker symbols were created.

The prevention of theft, as well as fraud, is another essential role ticker symbols play. Scamcoins attempt to duplicate the name and token ticker symbol as closely as possible in order to trick investors into purchasing them. Therefore, even though two cryptocurrencies may have the same or extremely similar names, they certainly cannot have an identical ticker symbol.

Name regulations prohibit the use of the same ticker for two stocks or two cryptocurrency tokens. This implies that researching and knowing the ticker symbol of the token you're attempting to buy is an effective approach to avoiding acquiring a scamcoin.

Ticker symbols typically have three-letter combinations. Nowadays, though, you might come across ticker symbols made up of five or even six letters. The most well-known examples are:

  • Dogecoin (DOGE)
  • Tether (USDT)
  • Polygon (MATIC)

New tokens might launch every minute which could result in some of them having nearly identical names. In regards to that, tickers are there to distinguish tokens from one another. For instance, it is easy to confuse Bitcoin and Bitcoin Cash. However, the ticker for Bitcoin is BTC, and for Bitcoin Cash - BCH.