Crypto exchange volume soared in November, reaching $289.25 billion for the month

advertisement

Trade volume across legitimate crypto exchanges rose by 134% in November compared to the previous month, according to data collected by The Block Research.

November’s legitimate trade volume came in at $289.25 billion compared to $123.58 billion in the previous month. November saw the third-highest monthly trading volume since January 2018, during which time trading volumes totaled $307.83 billion.

 

Binance had the largest market share of exchange volume at 60.9%, followed by Coinbase (10.4%), and Kraken (5.7%).

Related Reading

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

Why BTG Pactual is launching a crypto platform

Brazil-based BTG Pactual, Latin America’s biggest investment bank, is launching its own crypto asset platform that will initially support bitcoin and ether trading. The platform will be called Mynt and allow customers to purchase bitcoin and ether, BTG Pactual’s Head of Digital Assets André Portilho tells The Block. Eventually, the platform will support other digital […]
Read Full Story
Sep 24, 2021, 9:17PM UTC
More