Post
Topic
Board Service Discussion
Re: Why people don't switch to Kraken?
by
anddam
on 13/02/2014, 16:15:57 UTC
XBT = iso notation.

Doesn't seem to be in the standard.

From Wikipedia:
Quote
The following non-ISO codes are, however, sometimes used commercially. Usage of these non-ISO-codes is not portable
XBT   –   8   Bitcoin   World-wide
Also xe.com doesn't list it in ISO 4217:2008.


It's just mimicking ISO, from what I can tell it's just a way to appear fancier in the financial world but BTC has been well established since long.
Also BTC sounds better.