Trading volume on centralized cryptocurrency exchanges was more than $14 trillion this year
This figure is 689% higher than the trading volume in 2020
26.12.2021 - 07:10
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What’s new? According to The Block Research, the centralized cryptocurrency exchanges recorded a trading volume of more than $14 trillion in 2021. . Then the centralized crypto exchanges provided trading volume worth more than $1,8 trillion.
What are the results of the decentralized exchanges? According to The Block, the trading volumes on the decentralized exchanges will be over $1 trillion in 2021, up 858% from 2020. At that time, the trading volume on the decentralized exchanges was only $115 billion. Uniswap continues to dominate the decentralized exchanges market with a market share of over 70%.
What are Binance's results? The platform continues to dominate the market of centralized crypto exchanges. According to The Block Research, it has accounted for 67% of the total volume this year, or more than $9,5 trillion. Both the centralized and decentralized exchanges have seen a huge growth in trading volumes this year.
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