/Social: Founded:2014Employees:1 - 10 | None found in CrunchbaseXBT Provider manages Bitcoin Tracker One and Bitcoin Tracker Euro.With these instruments anyone can invest in Bitcoin as ETN:s, exchange-traded notes, from anywhere in the world.XBT Provider's prospectus is approved by the Swedish FSA (Finansinspektionen) and our products are listed on Nasdaq Nordic in Stockholm.DateNews - Jersey-based asset manager acquires Swedish issuer of bitcoin ETNLoading xbtprovider's tweets...XBT Provider on TwitterHeadquartersLinnégatan 87B 1 trStockholm, Stockholms Lan 115 23Sweden_ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 8 down vote favorite 2 Some standard requires tickers for currencies to start with an X.So, the usual abbreviation of Bitcoin, BTC, cannot be used in contexts where this standard is applied.Usually, the unofficial ticker/abbreviation XBT is used in those contexts.

Bitcoin consists of two words, bit and coin, it's logical to abbreviate that to BC.For this reason XBC sounds like a much more logical ticker than XBT.What is the first reference of XBT and is a consideration made before using it that favoured it above XBC?exchanges currencies up vote down vote XBT is used because the ISO 4217 (the standard for currency codes) alphabetic code XBC is already in use.It stands for the European Unit of Account.Here's the Official table of ISO 4217 codes The X indicates it's not a national currency, but rather a supranational currency (like the East Caribbean Dollar, XCD) or something else that isn't quite a currency, like IMF special drawing rights (XDR) or precious metals (XAU is gold, XAG is silver, etc.)for which exchange rates are of interest.X is used for this because ISO 3166, the standard for country codes, never uses X as the first letter and the currency code is the 2 letter code and usually the first letter of the currency name.

For example, JP is the code for Japan, so the code for the Yen is JPY.An exception example is the Mexican Peso, code MXN.MX is the code for Mexico, and the N stands for New Peso.up vote down vote XBC is used by a POS coin called bitcoinplus.Browse other questions tagged exchanges currencies or ask your own question.Bitcoin is now officially mainstream.bitcoin mining share difficultyAccording to BTC Geek, Bloomberg terminal users can now look up Bitcoin’s pricing history.42 bitcointalkData comes from ubiquitous Bitcoin exchange service Mt.bitcoin faucet open sourceGox as well as Tradehill.bitcoin miner software comparison

For now, only Bloomberg employees can access the ticker.But the feature should make its way to regular Bloomberg terminal customers under the label XBT.The ticker probably shows what a bitcoin is worth in U.S.So far, trading Bitcoins have remained a hobby activity as volatility is very important.It’s hard to predict price changes due to the lack of tools and the relatively low number of Bitcoin traders compared to currency traders.dogecoin gambling sitesOne of the most efficient tickers is Bitcoinity, but Bloomberg terminals could become the de facto standard for traders.bitcoin stolen from walletThe feature proves that investment banks are interested by the cryptocurrency.With the Bloomberg terminal, traders could easily compare Bitcoins with other currencies in order to short them.When it comes to shorting currencies, traders do it by investing their portfolio in another currency.

For example, they would sell USD to buy EUR, effectively creating a net short USD and a net long EUR position.Yet, traders still have to use Bitcoin exchange services like Mt.Gox or Tradehill for transactions.They won’t be able to execute buy or sell orders from their Bloomberg terminals.It could be the last technical difficulty before investing some time and money in Bitcoins.At first, the Bloomberg terminal remains a great tool to keep up with financial news.It even includes Twitter feeds now.Even if Bitcoin trading won’t become the main activity on Wall Street, the ticker creates another data point for information purposes.Just three days ago, a federal judge in Texas ruled that Bitcoin is a currency.Transactions and institutions should therefore be regulated just like other financial institutions that deal with dollars.Similarly, back in May, Mt.Gox had to state that it provides money services in order to continue to operate in the U.S.While the original purpose of Bitcoin was that there was no central bank and regulation, Bloomberg confirms yet again the legitimation of Bitcoins with the new ticker.

dollars will soon appear on the same screen, side by side.Kraken has just announced $7 fee to withdraw bitcoin (now: 0.0025 XBT.before: 0.0005 XBT) (self.btc)submitted by Bitcoin (XBT) withdrawal fee Now 0.0025 XBT Why the change?Kraken always pays a miner fee that is sufficient to ensure transactions are processed quickly.However, the average miner fee required to prioritize and confirm Bitcoin transactions has been increasing for some time without a corresponding increase in the fee we charge to clients.The update brings the withdrawal fee more in line with our cost for the miner fees.Note that the fee is static and represents our average cost per transaction, so the fee may not match the actual miner fee we pay in every case.Sometimes the fee we pay will be higher and sometimes lower than the fee you pay.Soon we will be moving to a more dynamic fee system that will match the fees more closely in each case - see below./ Somebody has already posted this but I think this title is more accurate.