Are you familiar with the common units of measurement used in exchanges? From 1K to 1T, what do these letters actually stand for? Today, we'll clarify the most commonly used numerical units in crypto exchanges.
Where 1K equals 1,000, 1M equals 1 million, 1E corresponds to 100 million, 1B means 1 billion, and 1T is a trillion (i.e., 100 billion). These units are widely used in exchanges—whether you're looking at trading volume, market cap, or on-chain transfers—understanding these basic units can help you quickly grasp industry data. Especially when you see statements like "Average daily trading volume 1.5K" or "Total market cap surpassing 1E USD," being able to mentally convert these figures into exact numbers is very helpful for trading decisions.
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Are you familiar with the common units of measurement used in exchanges? From 1K to 1T, what do these letters actually stand for? Today, we'll clarify the most commonly used numerical units in crypto exchanges.
Where 1K equals 1,000, 1M equals 1 million, 1E corresponds to 100 million, 1B means 1 billion, and 1T is a trillion (i.e., 100 billion). These units are widely used in exchanges—whether you're looking at trading volume, market cap, or on-chain transfers—understanding these basic units can help you quickly grasp industry data. Especially when you see statements like "Average daily trading volume 1.5K" or "Total market cap surpassing 1E USD," being able to mentally convert these figures into exact numbers is very helpful for trading decisions.