Crypto tickers are the fastest way to check crypto prices. These crypto tickers run on a simple format: [symbol] [currency pair] [exchange]. For example, BTC/USD means you’re checking the price of bitcoin in dollars.
With this knowledge, you can quickly check any cryptocurrency’s current value without remembering their individual names or looking them up individually on their respective exchanges.
BTC is the most popular cryptocurrency, with a market cap of nearly $70 billion. It’s also the most liquid cryptocurrency, meaning you can easily buy or sell BTC for cash anywhere in the world. You will see it as one of the most common crypto tickers.
As a store of value and medium for transactions, BTC is used for cross-border payments between merchants and eCommerce sites.
As a trading instrument, BTC has become an essential asset as it has grown in popularity over time (and price). As a result, it has increased market liquidity and transaction volume on major exchanges worldwide.
ETH – The ticker symbol for Ether, which is the currency of Ethereum, ETH is also not to be confused with Stellar Lumens (XLM), Cardano (ADA), or Tron (TRX).
While all of these tokens have an acronym matching their ticker symbol, those acronyms correspond to different blockchains and cryptocurrencies than the ones they represent.
XRP is the native currency of the XRP ledger, and it’s also known as an “altcoin” (alternative to Bitcoin). Ripple’s native asset has a current value of about $0.5 each.
XRP has seen some controversy recently after Ripple’s CEO was accused of selling large amounts of XRPs on the market to drive down its price so he could repurchase them at a lower price. Critics say doing so would artificially inflate his wealth while hurting investors who purchased into this system during its early stages.
In response to these accusations and others related to Ripple Labs’ involvement with banks like Santander Group, Forbes published an article entitled “Why I Don’t Buy Into Ripple.” Such opinionated pieces always need to be taken with a grain of salt. Moreover, XRP is one of the most commonly Googled crypto tickers.
Litecoin (LTC) is one of the largest cryptocurrencies by market capitalization. It has been around since 2011 and was created by Charlie Lee, a former Google engineer who later worked at Coinbase.
The Litecoin network operates on a global peer-to-peer network just like Bitcoin. However, unlike Bitcoin, it has 4x as many total coins (84 million LTC compared to 21 million BTC), and its block time is 2.5 minutes rather than 10 minutes. Their crypto tickers – LTC and BTC – are also quite similar.
It’s also worth noting that the founder of Litecoin sold all his holdings in December 2017, citing a conflict of interest with his role at Coinbase and feedback from users who felt he had too much influence over the LTC price because he owned so much of it himself.
How to check the current price of popular crypto tickers
You can check the current price of popular cryptocurrencies on the internet, your phone, and your computer.
The easiest way to monitor cryptocurrency prices is to visit websites that provide this information. Some examples include:
- CoinGecko (https://coingecko.com/)
- Coinmarketcap (https://coinmarketcap.com/)
- CryptoCompare (https://www.cryptocompare.com/)
The first step to investing in cryptocurrency is understanding how it works. In this article, we’ve covered different ways to check and track crypto tickers.
While many people are still skeptical about whether or not these currencies will succeed over time, these tools can help you learn more about them now if you’re interested in doing so.
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.