The ISO 4217 code list is used in banking and business globally. In many countries the ISO 4217 alpha codes for the more common currencies are so well known publicly that exchange rates published in newspapers or posted in banks use only these to delineate the currencies, instead of translated currency names or ambiguous currency symbols. Wer Bitcoin mit XBT bezeichnet, rückt die Kryptowährung also in die Nähe von Edelmetallen und bekräftigt den Anspruch, es handele sich um „digitales Gold“. Auch andere Kryptowährungen orientieren sich an ISO 4217, z.B. Ripple (XRP), Stellar (XLM) oder Monero (XMR). Binance, the company founded in 2017 that in just six months has grown into one of the world’s most popular cryptocurrency exchange sites, launches its exclusive platform for Mac OS! The recipe for Binance’s success remains simple but effective, constantly innovating and moving forward! After completing the Binance Labs (a technology incubator blockchain), Binance Info […] ISO 4217 standard and the use of acronym XBT. According to ISO 4217 standards there are certain rules that defines the codes of both national currencies and supranational assets like Gold, Silver, Platinum. According to them the first 2 letters of the three-digit code should be the country code and the last letter should denote the initial ... ISO 4217 is a standard first published by International Organization for Standardization in 1978, which delineates currency designators, country codes (alpha and numeric), and references to minor units in three tables: . Table A.1 – Current currency & funds code list Table A.2 – Current funds codes Table A.3 – List of codes for historic denominations of currencies & funds Note: On BitMEX exchange Bitcoin is still denoted by XBT. ( The popular ticker name ‘BTC’ violates ISO 4217, and as according to this standard, it goes against the currency of Bhutan. Hence Bitmex went with the XBT ticker). Read our comprehensive guide on best cryptocurrency exchanges. Binance has one of the broadest offerings when it comes to supported cryptocurrencies. The number of ...
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