6 vital pieces of information for Coinbase users
**Warning / Disclaimer: This article is not investment advice and nor does it imply that you should trade cryptoassets. Trading any kind of asset involves high levels of risk. Consult a professional before engaging in any type of investment activity. It is possible to lose all of your money and even end up in debt when trading shares and assets.* ***This article only provides*** *****definitions***** ***of certain terms featured on*** *****Coinbase***** *as of the date and time this article was published. Definitions may be subject to change. Refer to Coinbase for updates.* **The 6 pieces of information you should know when trading on Coinbase:** **Market Cap:** The current price of a cryptoasset multiplied by its current circulating supply. **Market Cap = Current Price of Cryptoasset x Current Circulating Supply** **Volume (24 Hours):** The **total dollar value** of all the transactions related to a cryptoasset over the past 24 hours. **Includes data from all exchanges**, not just those of Coinbase. **Circulating Supply:** The amount of the cryptoasset that is currently **liquid and in circulation**. **Popularity on Coinbase:** The **popularity** of the cryptoasset on Coinbase **relative to other cryptoassets** on Coinbase. **Trading activity (24 Hours):** The **percentage** of Coinbase users who **increased or decreased** their net position in the cryptoasset over the past 24 hours, through trades. **Typical Hold Time:** The **median time** that Coinbase users hold a cryptoasset before **selling it** or **transferring** it to another account or address. **A type of graph and details that you may find on Coinbase:**
Screenshot taken on the 25/09/2020. Source: Coinbase [https://www.coinbase.com] *Post by:* *https://read.cash/@mathematics.proofs* *Lead image: By* *WorldSpectrum* *from Pixabay* https://pixabay.com/users/WorldSpectrum-7691421/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=3409727 *Comment below, share and like if this article has been useful to you.*
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