<p>An LTC-BTC Trading pair is the buying of LTC for bitcoins, so the volume of this market will indicate how much LTC has been bought for bitcoins.</p>

<p>The total amount of this trading volume can be shown in different value, if you want you can simply divide this amount by its adjusted price of LTC to know how much LTC has been transacted on this pair.</p>

<p>Usually the volume will be shown in dollar, so if we have a BTC at 10000 dollar, an LTC at 100 and the volume LTC-BTC show 1000 dollar we do:
1000/100 = 10</p>

<p>10 LTC has been exchanged for bitcoins.</p>

CC BY-SA 4.0
2020-04-24T03:54:21.947Z
So for Binance would the volume be in USDT (or USD dollar)?
s5s
CC BY-SA 4.0
2020-04-24T04:00:12.910Z
for Binance I guess USDT
Saxtheowl
CC BY-SA 4.0
2020-06-22T20:40:32.427Z
I correctly understood that 10 LTC is 1000$ following this exchange?
JeremyRungi
CC BY-SA 4.0
2020-04-24T03:36:23.030Z
2020-04-24T03:48:03.200Z
2020-04-24T03:48:03.200Z
Saxtheowl
<p>When we talk about OHLCV bars for say LTC-BTC, what does volume mean ?</p>

<p>Is it the quantity of LTC transacted during the bar or the quantity of BTC transacted during the bar?</p>

<exchanges><raw-data><binance><volume>
What does volume mean?
s5s
# What does volume mean?

(Asked by: username_0 on 2020-04-24)

When we talk about OHLCV bars for say LTC-BTC, what does volume mean ?

Is it the quantity of LTC transacted during the bar or the quantity of BTC transacted during the bar?

**Tags:** exchanges, raw-data, binance, volume


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## 1 answers

### Answer by username_1 on 2020-04-24. Score: 0 | Accepted answer

An LTC-BTC Trading pair is the buying of LTC for bitcoins, so the volume of this market will indicate how much LTC has been bought for bitcoins.

The total amount of this trading volume can be shown in different value, if you want you can simply divide this amount by its adjusted price of LTC to know how much LTC has been transacted on this pair.

Usually the volume will be shown in dollar, so if we have a BTC at 10000 dollar, an LTC at 100 and the volume LTC-BTC show 1000 dollar we do:
1000/100 = 10

10 LTC has been exchanged for bitcoins.

> **Comments:**
> **username_0**: So for Binance would the volume be in USDT (or USD dollar)?  
> **username_1**: for Binance I guess USDT  
> **username_2**: I correctly understood that 10 LTC is 1000$ following this exchange?  

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