There is a bit of term ambiguity across various exchanges that may cause confusion among new-coming traders. Some exchanges call markets as pairs, whereas other exchanges call symbols as products. In terms of the Growlonix, each exchange contains one or more trading markets. Each market has an id and a symbol. Most symbols are pairs of base currency and quote currency.
Historically various symbolic names have been used to designate same trading pairs. Some cryptocurrencies (like Dash) even changed their names more than once during their ongoing lifetime. For consistency across exchanges the Growlonix will perform the following known substitutions for symbols and currencies:
-
XBT → BTC
:XBT
is newer butBTC
is more common among exchanges and sounds more like bitcoin (read more). -
BCC → BCH
: The Bitcoin Cash fork is often called with two different symbolic names:BCC
andBCH
. The nameBCC
is ambiguous for Bitcoin Cash, it is confused with BitConnect. The Growlonix will convertBCC
toBCH
where it is appropriate (some exchanges and aggregators confuse them). -
DRK → DASH
:DASH
was Darkcoin then became Dash (read more). -
DSH → DASH
: Try not to confuse symbols and currencies. TheDSH
(Dashcoin) is not the same asDASH
(Dash). Some exchanges haveDASH
labeled inconsistently as,DSH
the Growlonix does a correction for that as well (DSH → DASH
), but only on certain exchanges that have these two currencies confused, whereas most exchanges have them both correct. Just remember thatDASH/BTC
is not the same asDSH/BTC
. -
NANO
→XRB
:NANO
is the newer code for Rai blocks, however, Growlonix unified API uses the olderXRB
for backward-compatibility with existing exchanges and data providers. -
YOYOW
→YOYO
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