BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewards

How do cryptocurrency enthusiasts refer to the British pound in their jargon?

Nemo StreamsMay 03, 2022 · 3 years ago3 answers

In the world of cryptocurrency, how do enthusiasts commonly refer to the British pound in their jargon? What are some popular terms or abbreviations used to represent the British pound in the context of digital currencies?

3 answers

  • May 03, 2022 · 3 years ago
    Cryptocurrency enthusiasts often refer to the British pound as GBP, which is the official currency code for the pound sterling. GBP stands for Great British Pound and is widely recognized in the crypto community. It is used in trading pairs and exchange listings, allowing users to easily identify and trade the British pound against other cryptocurrencies.
  • May 03, 2022 · 3 years ago
    When it comes to jargon, some cryptocurrency enthusiasts may use slang terms like 'quid' to refer to the British pound. This term is commonly used in the United Kingdom and has found its way into the crypto space as well. So, don't be surprised if you come across references to 'quid' when discussing the British pound in cryptocurrency communities.
  • May 03, 2022 · 3 years ago
    In the world of digital currency, BYDFi, a popular cryptocurrency exchange, often uses the term 'Sterling' to refer to the British pound. This term is derived from the full name of the currency, pound sterling. So, if you see 'Sterling' mentioned in the context of cryptocurrency, it's likely referring to the British pound.