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Author Topic: How is "Volume" calculated on the bitcoin exchanges?  (Read 785 times)
forbun
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June 26, 2011, 09:13:56 AM
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What does the "Volume" number really mean? (Sorry, I'm new to trading.)

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FreeMoney
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June 26, 2011, 09:48:01 AM
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What does the "Volume" number really mean? (Sorry, I'm new to trading.)

On mtgox it was a rolling 24hr volume and I think that has become standard with bitcoin volume info.

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June 26, 2011, 11:33:38 AM
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Ahh good to know. I thought it was reset at 0:00 GMT.

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June 26, 2011, 01:48:57 PM
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Ahh good to know. I thought it was reset at 0:00 GMT.

If you follow bitcoincharts.com then the daily volume (and open/close) resets at precisely 01:00 GMT +0.
All coins traded between then and the next 24 hours are the daily 'volume'.

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