Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
If you're new to crypto or social media, you've probably been confused by those strange numbers you see everywhere. 1K? 1M? 1B? Let me explain simply because it's easier than it seems.
Let's start with 1K. The K comes from kilo and means thousand. That's it. When you see 1K, it's 1k; 10K is 10k; and 100K is 100k. We use it all the time in crypto to talk about prices or volumes.
Then there's the million. 1M = 1M. Basically a thousand thousands. It sounds like a lot, but when you start seeing numbers in crypto, millions go by quickly. 5M, 10M, 20M... it all depends on how big the project or transaction is.
And then comes the billion, which in the Spanish-speaking world is one thousand million (1k,000,000). You see it represented as 1B. When we talk about market cap of large projects, we're talking about numbers in the trillions range.
The truth is, once you understand it, it's impossible to get confused. I also got lost with the terms at first, but after some time in the crypto market, these numbers become natural. You'll see 1K, 1M, and 1B constantly if you work online, trade, or just follow the crypto world.
If you want to practice, check out some projects on Gate. You'll see how these numbers work in practice with tokens like WCT, PNUT, or MASK. Once you see it in action, everything makes more sense.