Crypto.com is the top USD-supported exchange in spot crypto trading volume for July | Headlines | News | CoinMarketCap
08/01/2024 21:59
Crypto.com commanded the highest market share of spot crypto trading volume among USD-supported exchanges in July. Crypto.com …
The Block Crypto News16 minutes ago
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Published on August 01, 2024 14:41 GMT+00:00edited on August 01, 2024 14:44 GMT+00:00
Crypto.com commanded the highest market share of spot crypto trading volume among USD-supported exchanges in July.
Crypto.com ranked No. 1 for the first time in more than two years, with a 38.5% market share of spot cryptocurrency trading volume, according to The Block Data Dashboard. Coinbase ranked second with 35.8%, the data showed.
"We have seen incremental market share growth month on month over the last 18 months," Giuseppe Giuliani, managing director of Crypto.com Exchange, told The Block. "The exchange growth has been primarily driven by the acquisition of new clients on the platform, including large institutions and advanced retail traders."
The last time Crypto.com led spot crypto trading volume among USD-supported exchanges was in April 2022, …