In August, the trading volume on bitcoin exchanges increased by 75%!
Analysts at The Block (https://www.theblockcrypto.com/linked/77604/crypto-exchange-vol-august) calculated that trading volumes on spot crypto exchanges increased by 75% in the last month of summer. This is the fastest growth rate since February 2018.
In August, the volume of trading on spot exchanges reached $ 191.2 billion.In July 2020, this figure was at the level of $ 109.3 billion.
Binance has the largest market share - approximately 65% of the total trading volume. This is followed by Coinbase (11.2%), Kraken and LMAX Digital - 4.8% each, Bitfinex (3.3%) and Bitstamp (2.8%).
By the way, Binance also became the leader in terms of attendance in August: 33.8 million visits were recorded. The top three are Coinbase (30.7 million) and BitMEX (6.9 million).
Analysts at The Block (https://www.theblockcrypto.com/linked/77604/crypto-exchange-vol-august) calculated that trading volumes on spot crypto exchanges increased by 75% in the last month of summer. This is the fastest growth rate since February 2018.
In August, the volume of trading on spot exchanges reached $ 191.2 billion.In July 2020, this figure was at the level of $ 109.3 billion.
Binance has the largest market share - approximately 65% of the total trading volume. This is followed by Coinbase (11.2%), Kraken and LMAX Digital - 4.8% each, Bitfinex (3.3%) and Bitstamp (2.8%).
By the way, Binance also became the leader in terms of attendance in August: 33.8 million visits were recorded. The top three are Coinbase (30.7 million) and BitMEX (6.9 million).