Odaily News XBT.com has sold for more than $3 million at Lloyds Auctions, and is expected to become the largest crypto domain auction since 2021. Lee Hames, COO of Lloyds Auctions, said: "This is not just a domain name, but the financial future and identity of Bitcoin itself. Whoever wins XBT.com will own the greatest domain name in a decade and a share of Bitcoin's future, a digital asset with great historical and financial significance."
It is reported that the starting price of XBT.com is $2,798,917, and the auction will end on March 28. It is understood that XBT is the code for Bitcoin that follows the naming rules of the International Organization for Standardization (ISO 4217). According to this rule, the first two digits of the currency code represent the country/region (such as "CN" in CNY for China), and Bitcoin is decentralized and has no national affiliation, so it starts with "X" ("X" usually represents non-national currencies, such as the code for gold is XAU). (BusinessInsider)
