I have a conversion question: if USDT is at 7.35, then 1M equals 7.35 million, right? What if USDT drops to 7.05? How much is 1M in that case?
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FloorSweeper
· 12-06 12:26
This guy is probably asking about the exchange rate, right? 1M means 1 million dollars, it has nothing to do with the USDT price... unless you mean converting to fiat? In that case, you do need to divide, it’s around 7.05 million or so, not that complicated.
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DeFiVeteran
· 12-05 12:03
Hmm, that's not right, bro. M here should be a fixed value, it doesn't really have anything to do with the exchange rate... Are you asking how much it would be in RMB?
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MetaMisfit
· 12-03 13:57
Haha bro, there's a flaw in your logic. M itself means million, it doesn't really have anything to do with the USDT exchange rate.
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BearMarketHustler
· 12-03 13:57
That's not right, 1M is a fixed value and has nothing to do with the exchange rate... What you're talking about should be that when exchanging RMB for USDT, the amount of money needed changes, right?
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SandwichDetector
· 12-03 13:56
Bro, this is basic math. Even if the USDT exchange rate changes, the value of M doesn't change—it's still 1 million...
I have a conversion question: if USDT is at 7.35, then 1M equals 7.35 million, right? What if USDT drops to 7.05? How much is 1M in that case?