Recently, I’ve noticed that many beginners get confused by these units when looking at exchange charts, so let me help clarify them for everyone.

The most common units on exchanges are these measurement units; mastering them is important for quickly reading data. 1k stands for 1k, which is basic—for example, if a certain coin’s trading volume is 100k, that means 100k. Going higher is 1M, which equals 1 million, and one level higher is 1E, which is 100 million. If you see 1B, that’s a billion. The largest usually is 1T, representing a trillion.

Why do you need to understand these? Because when viewing charts on exchanges, these abbreviations appear directly in data such as trading volume, market cap, and capital flow. For example, if a trading pair’s 24-hour trading volume shows “2.5M,” you can immediately recognize that it’s 2.5 million USD. If you react slowly, you might misread the data.

Especially when looking at large transfers or whale movements, these units appear very frequently. Sometimes the numbers look big, but after conversion, you realize they’re not that large. Conversely, seemingly insignificant numbers can, once converted, reveal how big the actual volume is.

So, these basic units may seem simple, but they are very helpful for understanding market data. Next time you look at the charts, you should be able to convert and interpret these units directly.