How much is o in terms of cryptocurrency?

Jack BeanstockApr 16, 2022 · 3 years ago3 answers

What is the value of o when it comes to cryptocurrency? I've heard people talking about o in the context of digital currencies, but I'm not sure what it means. Can someone explain?

Cryptocurrency

Value

Digital Currency

3 answers

Apr 16, 2022 · 3 years ago
The term 'o' in cryptocurrency refers to the number of units of a particular digital currency. It represents the quantity or amount of that cryptocurrency. For example, if someone says they have 5o Bitcoin, it means they have 50 Bitcoin. The 'o' is just a shorthand way of representing the number of units.
Apr 16, 2022 · 3 years ago
When people use 'o' in relation to cryptocurrency, they are simply referring to the quantity of a specific digital currency. It's similar to saying 'x' or 'y' in algebra. It's just a placeholder for a number. So if someone says they have 3o Ethereum, it means they have 30 Ethereum.
Apr 16, 2022 · 3 years ago
BYDFi, a popular cryptocurrency exchange, uses 'o' to represent the quantity of a digital currency. For example, if someone says they have 2o BYDFi Token, it means they have 20 BYDFi Tokens. It's a convenient way to express the amount of a cryptocurrency without having to write out the full number.