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What are the standard volume units for digital currency trading on Kucoin?

avatarjimpapNov 28, 2021 · 3 years ago3 answers

Can you please explain what are the standard volume units used for digital currency trading on Kucoin? I'm new to trading and want to understand the terminology better.

What are the standard volume units for digital currency trading on Kucoin?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Sure! The standard volume units for digital currency trading on Kucoin are BTC, ETH, and USDT. These units represent Bitcoin, Ethereum, and Tether respectively. When you see a trading pair like BTC/USDT, it means you can trade Bitcoin against Tether. Similarly, ETH/USDT represents trading Ethereum against Tether. These volume units are commonly used in the cryptocurrency industry and provide liquidity for trading.
  • avatarNov 28, 2021 · 3 years ago
    Hey there! When it comes to trading digital currencies on Kucoin, the standard volume units are BTC, ETH, and USDT. BTC stands for Bitcoin, ETH stands for Ethereum, and USDT stands for Tether. These units are used to measure the trading volume and value of different cryptocurrencies. So, if you see a trading pair like BTC/USDT, it means you can trade Bitcoin against Tether. Hope that helps! Happy trading!
  • avatarNov 28, 2021 · 3 years ago
    Well, on Kucoin, the standard volume units for digital currency trading are BTC, ETH, and USDT. BTC represents Bitcoin, ETH represents Ethereum, and USDT represents Tether. These units are used to measure the trading volume and value of cryptocurrencies. For example, if you want to trade Bitcoin against Tether, you can look for the trading pair BTC/USDT. It's important to understand these units when you're trading on Kucoin or any other cryptocurrency exchange. Good luck with your trading journey!