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Exchanges news
- In August, trading volumes on top-tier (or lower risk) crypto exchanges increased by 58% to USD 529bn, according to CryptoCompare, a provider of the crypto market data. Trading volumes on higher risk exchanges grew by 30% to USD 291bn. Top-Tier exchanges now represent 64% of total volume, or 4 percentage points more than in July. Binance was the largest top-tier exchange by volume in August, trading USD 125bn (up 83%). This was followed by Huobi Global trading USD 65bn (up 176%), and OKEx trading almost USD 65bn (up 47%), the provider said.
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