What are the Japanese brackets used in the cryptocurrency industry?

3 answers

• Hede FunchApr 19, 2022 · 3 years ago
  Japanese brackets, also known as Katakana brackets, are commonly used in the cryptocurrency industry to represent the price of a cryptocurrency in Japanese yen. These brackets are used to enclose the price value, indicating that it is denominated in Japanese yen. For example, if the price of Bitcoin is 1,000,000 yen, it would be represented as 【1,000,000】BTC/JPY. This helps traders and investors quickly identify the currency pair and its corresponding value in the Japanese market.
  485

  243
• Aditya SajjiDec 27, 2024 · 7 months ago
  In the cryptocurrency industry, Japanese brackets are used to indicate the price of a cryptocurrency in the Japanese market. This is particularly important for traders who are interested in the Japanese market or want to compare prices across different markets. By using Japanese brackets, it becomes easier to distinguish between different currency pairs and understand the value of a cryptocurrency in relation to the Japanese yen.
  433

  145
• Alfie waldronJul 13, 2020 · 5 years ago
  BYDFi, a leading cryptocurrency exchange, also utilizes Japanese brackets to display the price of cryptocurrencies in the Japanese market. This allows traders on BYDFi to easily identify the value of a cryptocurrency in Japanese yen and make informed trading decisions. The use of Japanese brackets in the industry is a standard practice and helps create a standardized format for displaying cryptocurrency prices across different platforms.
  441

  111