Recently, I found that many beginners are confused about the numerical units used on exchanges, especially when looking at charts, where large numbers often cause confusion. So today, I will organize these common counting units.

Let's start with the most basic ones. 1K stands for 1k, which everyone should know. 1M is one million, meaning if you see a trading volume of 5M for a certain coin, it’s 5 million. 1E equals 100 million, 1B is 1 billion, and above that, 1T is in the trillions.

Why emphasize what 1T is? Because this unit often appears in market total volume or data for some major coins. For example, Bitcoin’s total market cap is sometimes expressed in T, meaning 1T equals 10 trillion. Imagine if an asset’s trading volume reaches 1T—that’s truly an astronomical level of trading.

The benefit of using these units is to quickly compare data. When you’re watching the market, instead of memorizing exact numbers, it’s better to remember the conversion relationships of these units. This way, you can understand the market scale more quickly. Especially on large exchanges like Gate, which handle massive trading data daily, not being familiar with these units can easily lead to misjudging the market size.

To sum up simply: 1K = 1k, 1M = 1 million, 1E = 100 million, 1B = 1 billion, 1T = 10 trillion. Next time you see these letter suffixes, don’t be confused—just do a quick mental calculation of the scale.