Units of computation on the exchange - You need to know!

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When browsing the exchange, you often see symbols like 1K, 1M, 1B, 1T but are unsure of their meanings? Below is a quick translation table so you never get confused:

Basic Units:

  • 1K = 1,000 (ngàn)
  • 1M = 1,000,000 ( million )
  • 1E = 100,000,000 ( hundred million )
  • 1B = 1,000,000,000 (trillion)
  • 1T = 1,000,000,000,000 ( trillion )

Real-world example on the exchange: If the trading volume of BTC today is 2.5B, it means that approximately 2.5 billion USD has been traded. If you see an altcoin with a market cap of 500M, it means its market value is 500 million USD.

Tip to remember: The more digits, the “bigger” the symbol. Use this rule to never mistake the number 0 on the exchange!

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