Crypto exchanges have seen greater than $2 trillion in volume this month, in keeping with The Block’s Data Dashboard, setting a brand new file.
May is the fourth month in a row the place such exchanges have seen greater than $1 trillion in volume, in keeping with The Block’s professional volume index. The index takes knowledge from the largest exchanges which can be identified to report buying and selling knowledge extra precisely.
Binance continues to be at the primary spot for crypto-to-crypto exchanges (its essential exchange would not supply buying and selling with USD). The exchange has seen practically $1.5 trillion price of buying and selling volume up to now this month.
Coinbase, on the different hand, stays the high fiat-to-crypto exchange. It has seen greater than $198 billion price of buying and selling volume , in keeping with The Block’s Data Dashboard.
