What does digital currency volume mean

1.

digital currency is an alternative currency in the form of electronic currency (which can be used for real goods and services transactions)

digital currency has the main characteristics of network packets. This kind of data packet is composed of data code and identification code. The data code is the content we need to transmit, while the identification code indicates where the data packet comes from and goes

based on the characteristics of digital currency, the direct benefit of digital currency to the central bank is not only to save the cost of note issuance, circulation and settlement, but also to enhance the central bank's ability to control funds

Electronic money and virtual money are called digital money. According to the definition of the European Central Bank, virtual money is issued by non central banks, credit institutions and e-money institutions, which can be used as the numerical expression of the value of currency substitutes in some cases

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extended information:

the process of digital currency trading through the platform is as follows:

(1) investors should register accounts first, and obtain digital currency accounts and US dollar or other foreign exchange accounts at the same time

(2) users can buy and sell digital currency with the money in their cash account, just like buying and selling stocks and futures

(3) the trading platform will sort the buying requests and selling requests according to the rules and start to match them. If they meet the requirements, the transaction will be concluded

(4) e to the difference between the buy and sell volumes submitted by users, a buy or sell request may be partially executed

2. The market value of digital currency is equivalent to the market value of stocks in circulation, which is calculated by multiplying the market price of digital currency by the quantity in circulation. The formula is: market value = current price of digital currency * quantity in circulation
generally speaking, the market value is determined by the quantity in circulation rather than the total circulation. Because circulation quantity can better measure market value. The locked and predetermined ones can not be sold on the open market, which will not affect the currency price, so it will not affect the market value. The method of using circulating quantity is similar to using circulating shares to determine the market value of traditional investment
at present, the market value of bitcoin has reached more than 70%, occupying an absolute dominant position, while the market value of other currencies is declining. In the long run, the market value of the whole digital currency is growing. If we can seize the opportunity, we will get rich returns.

3. In the final analysis, e-money is just conceptual money information. It is actually a special information composed of a group of data including the user's identity, password, amount, scope of use, etc., so it can also be called digital money; E-money is the virtualization of the value scale of real money and the function of payment means. It is a kind of money without monetary entity. Electronic currency is a kind of invisible currency based on highly developed electronic technology; It can be used to represent the currency value of various amounts in reality. With the transformation from paper-based economy to digital economy, e-cash will become the mainstream, which can be paid on the Internet or through other electronic communication methods. This kind of currency has no physical form and is the holder's financial credit.
whether electronic currency can be called currency depends on whether electronic currency can independently perform the function of currency. At present, e-money can play the role of payment and settlement, but e-money is only a quasi currency that may perform the function of currency.
e-money can be divided into two types: one is e-cash based on the Internet environment and keeps the binary data representing the value of money in the hard disk of the computer terminal; One is the electronic wallet that keeps the monetary value in the IC card and can be circulated without the bank payment system
therefore, from an economic point of view, the use of e-money can indeed rece the circulation of paper money