Post
Topic
Board Altcoin Discussion
Topic OP
Why is Volume measured in $?
by
Ron28
on 09/01/2022, 13:45:24 UTC
Hi,

So on Coinbase, the "Volume" of any crypto has unit measurement of $.

However my understanding of Trading volume is the amount of crypto that is traded (not the value)

So for example, if in the past 24 hours for Bitcoin there was only one transaction pair - Someone sells one bitcoin for $50k and someone buys it for $50k.

I would expect the Volume to be 1 and not $50k.


Am I missing something?

Thanks