Home web3.0 How to check the currency turnover rate

How to check the currency turnover rate

Jul 30, 2024 pm 03:10 PM
Bitcoin cryptocurrency usdt currency circle trading platform

How to query the currency circle turnover rate: visit the trading platform, select a trading pair; check the 24-hour trading volume, and use the formula turnover rate = 24-hour trading volume/total circulation volume to calculate the turnover rate; the currency circle turnover rate measures liquidity And market participation, a high turnover rate indicates good liquidity, and a low turnover rate indicates poor liquidity.

How to check the currency turnover rate

How to check the currency circle turnover rate

How to check the currency circle turnover rate?

The steps to check the currency circle turnover rate are as follows:

1. Visit the trading platform:

Go to your cryptocurrency trading platform.

2. Select a trading pair:

Find the trading pair you want to check the turnover rate, such as BTC/USDT.

3. Check the trading volume:

On the trading pair page, find the 24-hour trading volume data.

4. Calculation:

Use the following formula to calculate the turnover rate:

Turnover rate = 24-hour trading volume / total circulating volume

Example:

Assume 24-hour trading of the BTC/USDT trading pair The amount is 100,000 BTC, and the total circulation of Bitcoin is 19,150,900 BTC, then the turnover rate is:

Turnover rate = 100,000 BTC / 19,150,900 BTC = 0.0052

That is, 0.52% of the Bitcoin circulation has been carried out in the past 24 hours transaction.

The meaning of turnover rate

The currency circle turnover rate measures the ratio of the number of assets traded to the total circulation in a specific period of time. It indicates an asset’s liquidity and market participation.

High turnover rate:

  • indicates that the asset is highly liquid and easy to buy and sell.
  • May reflect active market activity or widespread speculation.

Low turnover rate:

  • indicates low asset liquidity and difficulty in trading.
  • May reflect lack of market interest or limited asset supply.

The above is the detailed content of How to check the currency turnover rate. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

Java Tutorial
1664
14
PHP Tutorial
1266
29
C# Tutorial
1239
24
Top 10 cryptocurrency exchange apps The latest rankings of the top 10 cryptocurrency exchange apps Top 10 cryptocurrency exchange apps The latest rankings of the top 10 cryptocurrency exchange apps May 08, 2025 pm 05:57 PM

The top ten cryptocurrency exchange apps are: 1. Binance, 2. OKX, 3. Huobi, 4. Coinbase, 5. Kraken, 6. Bybit, 7. KuCoin, 8. Gemini, 9. Bitstamp, 10. Crypto.com. Each platform has its own unique advantages and features, and users can conduct cryptocurrency transactions by downloading apps, registering and completing verification, depositing, selecting transaction pairs and confirming transactions.

Which exchanges support meme currency trading Which exchanges support meme currency trading May 08, 2025 pm 06:00 PM

Exchanges such as Binance, Coinbase, KuCoin, OKEx and Uniswap support a variety of meme currency transactions, such as DOGE, SHIB, FLOKI and BABYDOGE. Users can choose the appropriate platform according to their needs.

Ranking of the top ten digital currency quantitative trading apps, the latest list of digital currency exchanges Ranking of the top ten digital currency quantitative trading apps, the latest list of digital currency exchanges May 08, 2025 pm 06:03 PM

Ranking of the top ten digital currency quantitative trading apps: 1. Binance, 2. OKX, 3. Huobi, 4. Coinbase, 5. Kraken, 6. Bitfinex, 7. Bittrex, 8. Poloniex, 9. Gemini, 10. KuCoin, these platforms provide high security and good user experience, and the steps to use include downloading and installing, registering an account, enabling two-step verification, and depositing and trading.

TOP10 futures trading platforms: Perpetual contracts and options trading TOP10 futures trading platforms: Perpetual contracts and options trading May 08, 2025 pm 07:12 PM

In the cryptocurrency market, futures trading platforms play an important role, especially in perpetual contracts and options trading. Here are the top ten highly respected futures trading platforms in the market, and provide detailed introduction to their characteristics and advantages in perpetual contract and option trading.

Yiou official website entrance Yiou exchange Apple entrance official entry Yiou official website entrance Yiou exchange Apple entrance official entry May 08, 2025 pm 11:12 PM

A world-renowned digital currency trading platform, established in 2014, is committed to providing users with safe and convenient digital asset trading services. As an international exchange, Yiou supports the transaction of a variety of mainstream and niche digital currencies, attracting users from all over the world. Whether newbies or experienced traders, you can find trading tools and services that suit you on the Yiou platform.

Top 10 cryptocurrency platforms in the world that support multi-chain transactions are authoritatively released in 2025 Top 10 cryptocurrency platforms in the world that support multi-chain transactions are authoritatively released in 2025 May 08, 2025 pm 07:15 PM

According to the latest evaluations and industry trends from authoritative institutions in 2025, the following are the top ten cryptocurrency platforms in the world that support multi-chain transactions, combining transaction volume, technological innovation, compliance and user reputation comprehensive analysis:

Strategy for making money with zero foundation: 5 types of altcoins that must be stocked in 2025, make sure to make 50 times more profitable! Strategy for making money with zero foundation: 5 types of altcoins that must be stocked in 2025, make sure to make 50 times more profitable! May 08, 2025 pm 08:30 PM

In cryptocurrency markets, altcoins are often seen by investors as potentially high-return assets. Although there are many altcoins on the market, not all altcoins can bring the expected benefits. This article will provide a detailed guide for investors with zero foundation, introducing the 5 altcoins worth hoarding in 2025, and explaining how to achieve the goal of making a 50x steady profit through these investments.

Binance binance web version entrance Binance binance exchange web version directly enter Binance binance web version entrance Binance binance exchange web version directly enter May 08, 2025 pm 11:03 PM

The world's leading cryptocurrency trading platform is famous for its efficient, secure and diverse trading services. Whether you are an experienced trader or a newbie into the cryptocurrency market, Binance has the tools and resources you need. Through Binance web version, users can easily access the trading platform without downloading any applications and conduct trading operations directly through the browser. This article will introduce in detail how to enter the Binance Binance Exchange web version and provide some practical trading tips and precautions.