Ranked among the top ten cryptocurrency exchanges in terms of trading volume

The top ten cryptocurrency exchanges by transaction volume: 1. Binance (USD 15 billion); 2. Coinbase (USD 5 billion); 3. FTX (USD 2.5 billion); 4. Huobi (USD 2 billion); 5 . Kraken ($1.5 billion); 6. Bybit ($1 billion); 7. KuCoin ($800 million); 8. OKX ($700 million); 9. Bitfinex ($600 million); 10. Bitstamp ($500 million) Dollar). The transaction volume is calculated based on the total of 24-hour transactions and is affected by factors such as user base, asset type, handling fees, security, liquidity, and regulations.

Ranked among the top ten currency exchanges by trading volume

Kraken

排名	交易所	成交额（日均）
1	Binance	150 亿美元
2	Coinbase	50 亿美元
3	FTX	25 亿美元
4	Huobi	20 亿美元
5	Kraken	15 亿美元
6	Bybit	10 亿美元
7	KuCoin	8 亿美元
8	OKX	7 亿美元
9	Bitfinex	6 亿美元
10	Bitstamp	5 亿美元

Ranking

Exchange

Transaction volume (daily average)

1

Binance

$15 billion

2

Coinbase

$5 billion

3

FTX

$2.5 billion

4

Huobi

2 billion US dollars

5

USD 1.5 billion

6

Bybit

USD 1 billion

7

KuCoin

USD 800 million

8

OKX

USD 700 million

9

Bitfinex

USD 600 million

10

Bitstamp

$500 million

Trading volume calculation method:

The trading volume is usually calculated based on the total number of transactions in 24 hours, including spot and derivatives transactions. The trading volume is publicly displayed by the exchange, usually showing the daily average trading volume or the 24-hour trading volume.

• Factors affecting ranking:
• User base:
Exchanges with a large number of active users tend to have higher trading volumes .
• Asset Types:
Exchanges that offer a wide range of asset types will attract more traders.
• Fees:
Lower fees can attract more trading volume.
• Security:
The security of the exchange is crucial to traders’ trust and will affect the trading volume.
• Liquidity:
Smooth trading experience and higher market depth can increase transaction volume.

Regulations: Different regulatory environments will affect the operation of the exchange, thereby affecting the trading volume.

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