Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12837
Markets: 99741
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12837
Cryptocurrencies
60.66%
Bitcoin Share
crypto.news 2025-02-12 11:58:43

Crypto exchanges saw nearly $19t in trading volume in 2024, down 25% from 2021 peak

Crypto exchanges saw nearly $19t in trading volume in 2024, down 25% from 2021 peak

The biggest centralized crypto exchanges moved $18.83 trillion in spot trades last year, but that’s still short of 2021’s record. Some platforms took off in 2024, while others fell behind. Data compiled by crypto price aggregator CoinGecko reveals that Binance led the pack in 2024, holding nearly a 40% market share with $7.35 trillion in trading volume. Bybit followed at 9.3%, the data shows. Although Crypto.com secured only a 6.8% market was share, it turned out to be the fastest-growing exchange. Over the past year, it saw nearly a +970% increase in volume, hitting $1.29 trillion from $120.6 billion in 2023. Bybit and Gate.io ranked second and third, gaining nearly +398% and +242%, respectively. You might also like: What are crypto exchanges? A comprehensive overview In total, the top 15 centralized exchanges saw $18.83 trillion in spot trading volume in 2024. And while the figure more than doubled 2023’s $8.05 trillion, volumes still remained below previous peaks. “While trading volume in 2024 was much higher than in 2022 and 2023, it still paled compared to 2021. During the bull cycle of 2021, the top 15 exchanges saw annual volumes hit $25.21 trillion.” CoinGecko OKX, HTX, and MEXC have been slipping since 2020 as newer exchanges took off, while FTX didn’t even make it past 2022. “FTX was also a major contender, having accounted for 2.6% of volume in 2021 and 4.8% in 2022. This made it the sixth-largest exchange in both years before its eventual downfall.” CoinGecko CoinGecko says it pulled data from 2020 to the end of 2024, ranking the top 15 centralized exchanges by spot trading volume. The list included Binance, Bybit, Crypto.com, Upbit, OKX, Coinbase, Gate.io, HTX, MEXC, Bitget, KuCoin, Bithumb, Kraken, BingX, and Bitfinex. Read more: Crypto spot trading surpasses May 2021 peak, fueling $11.3t activity: CCData

Most Read News



Cryptohopper
Market Cap
24h Vol
60.66%
Bitcoin Share
608
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.