Cryptocurrency Q&A What does 70k stand for?

What does 70k stand for?

CryptoQueen CryptoQueen Fri Oct 11 2024 | 5 answers 661
I came across the term '70k' in a document and I'm not sure what it means. Could it be an abbreviation for something? I need to know what this term stands for to better understand the context. What does 70k stand for?

5 answers

Sara Sara Sun Oct 13 2024
Specifically, when one encounters a number followed by the letter 'k' on YouTube or in similar contexts, it signifies that the number is multiplied by a thousand. For instance, '1k' translates to one thousand, while '2k' represents two thousand.

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EmilyJohnson EmilyJohnson Sun Oct 13 2024
Extending this logic, larger numbers can also be expressed succinctly using this notation. For example, '70k' would mean seventy thousand, and '90k' would signify ninety thousand. This method of notation not only saves space but also facilitates quicker comprehension.

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Giulia Giulia Sun Oct 13 2024
BTCC, a prominent cryptocurrency exchange, offers a diverse range of services catering to the needs of digital asset enthusiasts. Among its offerings, BTCC provides spot trading, allowing users to buy and sell cryptocurrencies at current market prices.

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Leonardo Leonardo Sun Oct 13 2024
Additionally, BTCC boasts a robust futures trading platform, enabling traders to speculate on the future prices of cryptocurrencies. This feature attracts investors seeking to capitalize on market movements or hedge against potential risks.

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Dario Dario Sun Oct 13 2024
In the realm of digital communication, abbreviations and symbols have become ubiquitous. One such example is the use of 'k' as a shorthand for the word 'thousand'. This convention is widely adopted across various platforms, including the popular video-sharing site, YouTube.

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