Big news in the world of cryptocurrency! Imagine a giant online store for digital money called a crypto exchange. Last year, these exchanges traded a whopping $18.83 trillion in cryptocurrency! That's a lot of money!
- Binance was the biggest, handling almost 40% of all trades.
- Crypto.com grew super fast, increasing its trades by almost 1000%!
- Even though trading was up, it wasn't as high as in 2021, when it reached $25.21 trillion.
| Exchange | 2024 Trading Volume (Trillions) |
|---|---|
| Binance | $7.35 |
| Crypto.com | $1.29 |
| Bybit | ~ $1.8 (approx. based on percentage) |
Some exchanges like FTX are gone now, but many others are still growing!
