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What does the symbol S$ mean in the world of cryptocurrency?

avatarAshish PanwarDec 26, 2021 · 3 years ago5 answers

Can you explain the meaning of the symbol S$ in the context of cryptocurrency? I've seen it being used in some discussions and I'm curious to know what it represents.

What does the symbol S$ mean in the world of cryptocurrency?

5 answers

  • avatarDec 26, 2021 · 3 years ago
    The symbol S$ in the world of cryptocurrency refers to the Singapore Dollar. It is the currency used in Singapore and is sometimes used as a trading pair in cryptocurrency exchanges. When you see S$ in the context of cryptocurrency, it means that the cryptocurrency is being traded against the Singapore Dollar. This symbol is commonly used in exchanges that have a focus on the Singapore market or have Singapore Dollar trading pairs available.
  • avatarDec 26, 2021 · 3 years ago
    S$ is the symbol for the Singapore Dollar in the world of cryptocurrency. It represents the fiat currency of Singapore and is used as a trading pair for various cryptocurrencies. When you see S$ on a cryptocurrency exchange, it means that you can trade the specified cryptocurrency against the Singapore Dollar. This symbol is commonly used in exchanges that support Singapore Dollar trading pairs.
  • avatarDec 26, 2021 · 3 years ago
    The symbol S$ in the world of cryptocurrency represents the Singapore Dollar. It is the official currency of Singapore and is used as a trading pair for cryptocurrencies on certain exchanges. For example, on BYDFi, you can find S$ trading pairs for popular cryptocurrencies like Bitcoin and Ethereum. The S$ symbol indicates that you can buy or sell the specified cryptocurrency using Singapore Dollars. It's important to note that not all exchanges support S$ trading pairs, so make sure to check the available trading pairs before trading.
  • avatarDec 26, 2021 · 3 years ago
    S$ is the symbol for the Singapore Dollar in the cryptocurrency world. It is used to denote the trading pair between a specific cryptocurrency and the Singapore Dollar. This symbol is commonly used in exchanges that cater to the Singapore market or have Singapore Dollar trading pairs available. When you see S$ on a cryptocurrency exchange, it means that you can trade the specified cryptocurrency against the Singapore Dollar. It's important to keep in mind that the value of cryptocurrencies can be highly volatile, so always do your research and exercise caution when trading.
  • avatarDec 26, 2021 · 3 years ago
    In the world of cryptocurrency, the symbol S$ represents the Singapore Dollar. It is used to indicate the trading pair between a specific cryptocurrency and the Singapore Dollar. When you see S$ on a cryptocurrency exchange, it means that you can trade the specified cryptocurrency against the Singapore Dollar. This symbol is commonly used in exchanges that offer Singapore Dollar trading pairs. It's important to note that the value of cryptocurrencies can fluctuate greatly, so it's always advisable to do thorough research and consider the risks before engaging in any trading activities.