More than $ 14 trillion traded in digital currency exchanges in 2021
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Exchange news
Recent data show that the trading volume of centralized digital currency exchanges has grown by about 689% compared to 2020. This growth is also seen in the transactions of decentralized exchanges.
To Report The Block, new data shows, the volume of transactions in centralized digital currency exchanges, which, unlike decentralized exchanges, hold the private key of customers’ wallets, in 2021 was more than $ 14 trillion.
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According to the data of December 24 (January 3), the trading volume of exchange offices this year compared to 2020, has increased by about 689 percent. Last year, the exchanges had a trading volume of more than $ 1.8 trillion.
All of these numbers, as well as the chart below, have been collected using data from exchanges that report their trading volume more accurately than other exchanges.
Bainance is still the busiest centralized exchange on the market. This collection accounts for 67% of the total trading volume in 2021; This means that its trading volume this year has been more than $ 9.5 trillion.
The trading volume of centralized and decentralized exchange offices has grown significantly this year. The value of decentralized exchange transactions in 2021 is estimated at more than one trillion dollars, which represents an increase of 858% compared to 2020.
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