Cryptocurrency exchanges generated over $169B in trading volumes in September

Cryptocurrency exchanges in The Block's legitimate volume index reported over $169 billion in volume for the month of September.

Last month was the second-highest trading volume month in 2020, as shown in the data below.

The largest exchange by trading volume continues to be Binance, which generated $113B in volumes — taking up 66.8% of the market share.

Binance is followed by Coinbase, which pulled 8% of the volume, and LMAX Digital, which took 5.7% of September's market share.

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