Why is Bitcoin called Big Pie? Top 10 Bitcoin Exchange Recommendations
Dec 14, 2024 am 09:44 AM
"Big Pie" is a slang term for Bitcoin, and there are three theories about its origin. First, the English abbreviation of Bitcoin "BTC" is homophonic to "big cake"; second, the logo of Bitcoin is a round golden pattern, similar to a cake; third, the early mining difficulty of Bitcoin was relatively low, and one Bitcoin is not difficult, it is as easy as dividing a pie. When it comes to Bitcoin exchanges, there are many options on the market, but the top ones include: Binance, Huobi, OKX, Matcha, Binance US, Gemini, Kraken, Coinbase Pro, Bitstamp, and Bittrex. These exchanges offer a wide range of cryptocurrency trading pairs, security safeguards, and liquidity to meet the needs of different investors.
Why is Bitcoin called Big Pie?
Bitcoin is called "big pie" mainly because of its unique round logo. The logo consists of an orange circle on a white background containing the Bitcoin symbol "?".
Origin of the flatbread name
The round shape of the Bitcoin logo is reminiscent of pizza. In 2010, an early Bitcoin enthusiast named Laszlo Hanyecz purchased two pizzas for 10,000 Bitcoins. The transaction is believed to be the first real-world transaction using Bitcoin, and has been dubbed "Bitcoin Pizza Day" as a result.
The Bitcoin logo quickly became known as “Pizza Coin” due to its resemblance to a pizza. Later, the name was shortened to "Pie" because it sounded simpler and easier to remember.
Other Possible Meanings
In addition to similar shapes, the flatbread name may also have the following meanings:
- Value High: Bitcoin is considered a high-value digital asset, so it is associated with the term "pie" to represent its value.
- Circular Economy: Bitcoin transactions form a cycle in which users can buy and sell Bitcoin for any amount, which is related to the circular shape of the "pie".
- Network Effects: The Bitcoin network continues to grow in size and number of users, making it a growing pie.
It is worth noting that "pie" is only an informal nickname for Bitcoin and does not belong to its official name. In formal settings and documents, Bitcoin is often referred to as "Bitcoin" or "BTC".
Detailed explanation of each exchange
1. Binance: industry leader, diverse services
Founded in 2017, Binance is the world’s largest cryptocurrency exchange with more than 120 million registered users. Binance offers a wide range of trading pairs, innovative products and services, including spot trading, contract trading, over-the-counter (OTC) trading, lending, staking, and charitable donations. Binance has powerful underlying technology to ensure safe and efficient transactions, and is recognized as a leader in the industry.
2. Huobi: a long-established powerhouse, steady and steady
Huobi was established in 2013 and is one of the earliest cryptocurrency exchanges in China. Huobi is known for its stability and security and has more than 10 million registered users. Huobi provides comprehensive services such as spot trading, contract trading, mining pools and storage, and actively expands into the global market, with branches in Japan, South Korea, Singapore and other places.
3. OKX: a rising star with amazing trading volume
OKX was established in 2017 and is famous for its amazing trading volume. OKX provides a variety of services such as spot trading, contract trading, options trading, lending, staking and cloud computing power, and supports a variety of digital assets. OKX's trading engine is efficient and stable, supports high-frequency trading and hedging strategies, and has attracted many traders and institutional customers.
4. Huobi Global: global strategy, wide coverage
Huobi Global is an international exchange under Huobi, established in 2020. Huobi Global has many branches and users around the world, and its business scope covers more than 100 countries and regions. Huobi Global provides a variety of services such as spot trading, contract trading, over-the-counter trading (OTC), mining pools, staking and storage, and supports a variety of digital assets.
5. KuCoin: an emerging force with frequent innovations
KuCoin was established in 2017. It is an emerging cryptocurrency exchange that focuses on innovation and Known for being close to the community. Paiwang provides services such as spot trading, contract trading, lending, staking and social trading, and has made great achievements in listing new coins. Paiwang has an active community and loyal user base, and is growing rapidly in the global market.
6. Bitfinex: Old Exchange, Rock Solid
Bitfinex was founded in 2012 and is one of the world's leading cryptocurrency exchanges. Bitfinex is known for its security and compliance and has more than 2 million registered users. Bitfinex provides spot trading, contract trading, over-the-counter trading (OTC) and lending services, and supports a variety of digital assets. Bitfinex's trading engine is stable and reliable, and is favored by professional traders.
7. Bitstamp: European veteran, safe and reliable
Founded in 2011, Bitstamp is one of the oldest cryptocurrency exchanges in Europe. Known for its security, compliance and regulatory friendliness, Bitstamp is a partner of traditional financial institutions. Bitstamp provides spot trading, contract trading, over-the-counter (OTC) and staking services, and supports a variety of digital assets. Bitstamp's trading environment is safe and transparent, and is deeply trusted by institutional investors.
8. Kraken: King of Compliance, Striving for Stability
Kraken was founded in 2011 and is the oldest and most reputable cryptocurrency exchange in the United States. one. Kraken is known for its compliance and was the first exchange in the United States to receive a license from the New York State Department of Financial Services (NYDFS). Kraken provides spot trading, contract trading, over-the-counter (OTC) and staking services, and supports a variety of digital assets. Kraken's operations are transparent and compliant, and it is an industry benchmark recognized by regulatory agencies.
9. Dubai Trading Platform ExMarkets: Facing the Middle East, huge potential
Dubai Trading Platform ExMarkets was established in 2022 and is a cryptocurrency exchange oriented to the Middle East. ExMarkets provides services such as spot trading, contract trading, over-the-counter (OTC) trading, lending and staking, and supports a variety of digital assets. ExMarkets is backed by the Dubai Economic Development Authority and aims to promote the development of cryptocurrency in the Middle East.
The above is the detailed content of Why is Bitcoin called Big Pie? Top 10 Bitcoin Exchange Recommendations. For more information, please follow other related articles on the PHP Chinese website!
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