Cryptocurrency exchange volumes surpassed $1 trillion for second month in a row in March
Crypto exchange volumes surpassed $1 trillion in March — the second consecutive month that volumes have reached thirteen figures.
According to data compiled by The Block, spot trading volumes for March totaled $1.17 trillion. That’s a 5% decrease from February’s all-time high volume of $1.23 trillion.
A breakdown of March’s crypto-only exchange volumes shows that 65% of it came from Binance, 18% from Huobi, and 15% from OKEx.
March’s total for fiat exchange volumes was $406.51 billion. The top three crypto exchanges with fiat support were Coinbase (with 22% of the volume), Upbit (21%), and Kraken (11%).
© 2021 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
