Volume

Volume is a key indicator in the financial markets, representing the total quantity of an asset traded during a given timeframe. In the context of your crypto/fiat exchange, it reflects the sum of all buy and sell transactions for a particular cryptocurrency or fiat currency pair. High trading volume often signifies a high level of interest and liquidity in a market, which can lead to narrower spreads and more accurate pricing. Monitoring volume helps traders assess market activity and potential price movements. It's a crucial metric for market analysis and decision-making.