Post
Topic
Board Altcoin Discussion
Re: Why is Volume measured in $?
by
khiholangkang
on 17/01/2022, 05:19:19 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
If you want to see the volume of transactions in tokens / coins you can visit the exchange where the tokens / coins are traded, if you look at Coinmarketcap it will only be visible in $