As of March 2023, the top 5 formal cryptocurrency exchanges, ranked by trading volume and market share, are: 1. Binance, 2. Coinbase, 3. Huobi Global, 4. FTX, 5. Kraken.
Ranking of Cryptocurrency Regular Exchanges
Answer: As of March 2023, based on trading volume and market share, the following are the top 5 formal cryptocurrency exchanges:
1. Binance (Binance)
- The world’s largest cryptocurrency Exchange
- offers a wide range of cryptocurrency trading pairs and advanced trading features
2. Coinbase
- Leading in the United States Cryptocurrency exchange
- focuses on providing a secure platform and user-friendly interface
3. Huobi Global
- Another well-known exchange based in China
- known for its low trading fees and comprehensive trading experience
4. FTX
- An exchange that has risen rapidly in recent years
- Providing innovative derivatives trading and staking services
5. Kraken
- Known for its high security standards and strong liquidity
- Has a strong reputation for regulatory compliance
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