Many beginners get confused by these letters when looking at charts on exchanges, I was the same before. Today, I will clarify the common counting units used in exchanges so that you won't get mixed up when viewing market data.

The most basic is 1K, representing 1k. This is probably the most familiar to everyone and is often used in casual conversations. For example, if Bitcoin has increased by 1K USD, it means it has gone up by over a thousand dollars.

Next is 1M, which equals 1 million. This is especially common when looking at trading pair volumes, such as a certain coin's 24-hour trading volume being 5M USDT, meaning it has traded 5 million US dollars.

1E stands for 100 million, 1B is 1 billion, and 1T is a trillion. These units are frequently used when looking at market cap rankings or large transfers. For example, if a major project’s total market cap reaches 2E, it means 2 billion.

Actually, just remember this logic: K is thousand, M is million, E is hundred million, B is billion, T is trillion. They increase sequentially from small to large, and after seeing exchange data often, you'll naturally understand. Especially when looking at small coins starting from 1K, you can quickly judge the scale of trading volume and market cap.