Crypto exchange trade volume broke all records in January, crossed $900 billion mark
February 1, 2021, 6:15AM EST
1 min read
Spot trading volume on cryptocurrency exchanges has crossed all previous records to reach over $900 billion in January, according to data compiled by The Block.
Of the total about $906 billion, Binance accounted for almost 60% share, or about $518 billion. Coinbase and institutional spot exchange LMAX Digital followed Binance, with about $118 billion and around $61 billion in trade volume, respectively.