Futures
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Gold
One platform for global traditional assets
Options
Hot
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Introduction to Futures Trading
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Launch
CandyDrop
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Alpha Points
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I just saw many people asking how much 1b is, so I decided to clarify these units. Actually, on trading platforms, these symbols are basically as follows:
1K is 1,000, 1M is 1 million, and 1E is 100 million. Now, regarding 1B — which many people often confuse — it equals 1 billion. Finally, 1T, the largest in this group, equals 1,000 billion.
It might be hard to remember at first, but once you use these frequently on the platform, you'll get used to them. Especially when viewing volume or market cap, these symbols appear constantly. If anyone tends to confuse these units, just bookmark this for easy reference when needed.