Huge increase in the trading volume of centralized crypto exchanges
The increase in the trading volume of centralized exchanges had a greater impact on the spot market towards the end of the year. According to the data, spot trading volumes increased to $1.34 trillion in December, an increase of 34 percent. The last month of 2023 was the period when the highest trading volumes were recorded. Monthly spot volume on major cryptocurrency exchanges increased by 35.5% to $950 billion. On smaller exchanges, trading volume rose 30 percent to $398 billion. Although the volume of derivatives markets increased in December, its sphere of influence was limited compared to spot trading. Derivatives trading volume on crypto exchanges rose 26.3% to $3.34 trillion at the end of the year. # ContentSta # BountyCreator # GateioBountyCreator # NewsMessenger # GateLive # contentstar # MyFancyCreator # HotTopicDiscussion
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Huge increase in the trading volume of centralized crypto exchanges
The increase in the trading volume of centralized exchanges had a greater impact on the spot market towards the end of the year. According to the data, spot trading volumes increased to $1.34 trillion in December, an increase of 34 percent. The last month of 2023 was the period when the highest trading volumes were recorded.
Monthly spot volume on major cryptocurrency exchanges increased by 35.5% to $950 billion. On smaller exchanges, trading volume rose 30 percent to $398 billion.
Although the volume of derivatives markets increased in December, its sphere of influence was limited compared to spot trading. Derivatives trading volume on crypto exchanges rose 26.3% to $3.34 trillion at the end of the year.
# ContentSta # BountyCreator # GateioBountyCreator # NewsMessenger # GateLive # contentstar
# MyFancyCreator # HotTopicDiscussion