Trading Volume

Trading Volume is synonymous with Volume. It is the number of cryptocurrencies sold/bought during a certain period of time, multiplied with the price such cryptocurrencies were sold/bought for. For instance, if 10 tokens have been sold during a relevant time, and the price in all trades were USD 100 per token, the trading volume was USD 1,000. Trading Volume is most often measured in 24 hour-periods, but also often in 7-day periods or 30 day-periods.