Crypto exchanges gain 27% in trading volume in December
According to a Jan. 10 blog post by Wu Blockchain, spot trading volume on major crypto exchanges increased by 27.4% month-on-month. The top three by percentage change were Gate with 65%, Crypto.com with 50%, and Bybit with 44%. The three that fell the most were BitMart by 24%, Bitget by 12%, and Upbit by 1%. Website traffic saw a 21% increase compared to the previous month. The top three by percentage change were Mexc with 45%, Bybit with 38%, and Gate with 34%. The bottom three were Huobi, which fell by 80%; BitMart, which decreased by 17%; and Bitget, which saw an 8% decline. December was a month of significant growth for the largest crypto ex change s. In November 2023, traffic on cryptocurrency ex change s grew by 8.5% compared to the previous month, and spot trading volume s grew by more than 60% during the same period. The top three regarding volume included Binance, South Korean Upbit, and OKX. In percentage terms, trading volumes increased the most on KuCoin, which mor...