What is coin Vol?

If you’re looking for short term speculative day trading, a lower volume coin would be better because the price often fluctuates more . If you’re looking for long term investing with (relatively) stable returns, a coin with a higher trading volume would be better since the prices are more stable.

The volume of a particular Cryptocurrency found on a Coin Prices Index page is simply the total amount of coins traded in the last 24 hours . The volume of a coin seen on a particular Exchange is the total volume of this coin in this Exchange only, unless it says otherwise.

Crypto trading volume measures how many times a coin changes hands over a given time frame . Investors analyze crypto volume baked on either trades taking place on a given crypto exchange or on all exchanges combined.18 Ara 2021

So high volume allows for easier inter-conversion between different cryptocurrencies, fiat money, and other assets . An easily-navigable exchange that offers a multitude of different pairings trading at significant volume is the ideal place to be for the average cryptocurrency investor.