What do units like 1M, 1K, 1B, etc., actually represent in exchanges?

2026-02-27 15:10:58

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In cryptocurrency exchanges, you often see units like 1K, 1M, 1B, 1E, and 1T, especially when viewing coin prices, market caps, and trading volumes. These abbreviations are internationally recognized units representing different magnitudes.

Common Units on Exchanges Quick Reference

The most common units and their equivalents are:

1K = 1,000
1M = 1,000,000
1E = 100,000,000
1B = 1,000,000,000
1T = 1,000,000,000,000

Among these, 1M represents millions and is one of the most frequently used units on exchanges. Whether you’re looking at liquidity, holdings, or daily trading volume, the 1M scale appears often.

Why Understanding These Units Matters

Knowing these units is important for traders. When you see a coin’s daily trading volume as 10M, you immediately understand it’s 10 million in trading volume. Quickly converting between 1K, 1M, and 1B helps you better grasp market trends and prevents confusion when reading large numbers.

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