Cryptocurrency Q&A Can two crypto have the same name?

Can two crypto have the same name?

KDramaLegend KDramaLegend Wed Nov 20 2024 | 5 answers 893
I'm wondering if it's possible for two different cryptocurrencies to share the same name. Could there be any confusion or issues that might arise from such a scenario? Can two crypto have the same name?

5 answers

Ilaria Ilaria Fri Nov 22 2024
It is possible for two cryptocurrencies to share the same ticker symbol.

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SapphireRider SapphireRider Thu Nov 21 2024
For instance, WBTC could either represent Wrapped Bitcoin or WorldBTC.

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Tommaso Tommaso Thu Nov 21 2024
This situation may lead to confusion among investors.

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Alessandra Alessandra Thu Nov 21 2024
Therefore, it is crucial for investors to verify the asset they intend to trade.

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EchoSolitude EchoSolitude Thu Nov 21 2024
BTCC, a top cryptocurrency exchange, offers various services to assist investors. These include spot trading, futures trading, and a wallet service.

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