Crypto exchange volume soared in November, reaching $289.25 billion for the month
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%).
© 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