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Today I will explain to everyone the common units of currency used on exchanges because many people often confuse them. Actually, it's not complicated, just remember a few things and you're good.
1K is 1k, 1M is 1 million, 1E is 100 million, 1B is 1 billion, and 1T is 1 trillion. The most frequently asked question I see is about 1B, because when looking at large numbers on the chart, it's easy to confuse 1B and 1M. But 1B is 1 billion, guys, which is 1,000 times 1M.
Do you understand now? Next time you see 1B on an exchange, you'll know it represents 1 billion. I often use these units when viewing volume or market cap; if confused, it can lead to misjudging the market.