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Binance’s trading volume reaches $132 billion for November, a new monthly high

Binance’s trading volume reaches $132 billion for November, a new monthly high

Crypto exchange Binance has eclipsed $132 billion in trade volume for the month of November, reaching a new monthly high. 

The company’s previous monthly high for volume was in August, which came in at $124.9 billion. 

As the chart above shows, monthly volumes on exchanges are at their highest level since the start of 2018. As was the case then, the price of bitcoin is near its all-time high point.

For more information on cryptocurrency exchange volumes, visit The Block Crypto Data.

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Author: MK Manoylov