Many people get confused by these letters when looking at charts on exchanges. Actually, they are just units of measurement. Once you understand them, it’s very simple.

Let me organize the most common units used on exchanges so you won’t be confused when viewing data in the future. 1k stands for 1,000, which everyone should know. Then 1M is 1 million, 1E is 100 million, 1B is 1 billion, and 1T is 1 trillion.

For example, if a project’s trading volume shows 500k, that means 500,000. If you see a trading volume of 1B, that means 1 billion. These units are used when looking at market cap, trading volume, and holdings.

Actually, memorizing these few is enough: 1k, 1M, 1E, 1B, 1T. You can deduce the rest in order. Especially for beginners just starting to trade on exchanges, these abbreviations can often be confusing, leading to misreading data. I recommend saving this list so you can refer to it anytime when checking charts. It won’t take long to memorize.