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 TrailingCrypto, 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 trailingcrypto will perform the following known substitutions for symbols and currencies:
XBT → BTC:
XBTis newer but
BTCis 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:
BCH. The name
BCCis ambiguous for Bitcoin Cash, it is confused with BitConnect. The TrailingCrypto will convert
BCHwhere it is appropriate (some exchanges and aggregators confuse them).
DRK → DASH:
DASHwas Darkcoin then became Dash (read more).
DSH → DASH: Try not to confuse symbols and currencies. The
DSH(Dashcoin) is not the same as
DASH(Dash). Some exchanges have
DASHlabeled inconsistently as,
DSHthe Trailingcrypto 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 that
DASH/BTCis not the same as
NANOis the newer code for Rai blocks, however, TrailingCrypto unified API uses the older
XRBfor backward-compatibility with existing exchanges and data providers.