Current Ranks of Cryptocurrency Exchanges with Respect to Daily Trading Volume

In the cryptocurrency industry, most of the discussions are always about cryptocurrencies and their sectors. However, most of the time, people do not even discuss cryptocurrencies and their presence in the cryptocurrency markets.

No matter the ups and downs, the cryptocurrency exchanges have always been there making the right decisions and the right choices. Therefore, the major cryptocurrency exchanges that have stuck around to become the top platforms in the crypto-verse deserved to be praised.

Among thousands of cryptocurrency exchanges currently operating in the crypto-sector, these cryptocurrency exchanges have performed the best. These exchanges have played a huge role in the mass adoption of cryptocurrencies globally.

They have also contributed to the mass adoption of cryptocurrencies in the mainstream industry. They have aided several billionaires and their billion-dollar companies in investing in cryptocurrencies.

This is the reason why it is necessary to discuss their growth and see how much trading volume they are contributing to within the crypto-verse on a daily basis.

In the list of major cryptocurrencies, the top spot goes to none other than Binance. It is currently the largest cryptocurrency exchange in the entire world with an average daily trading volume of around $28 billion. At present, the exchange offers access to 1,447 cryptocurrency markets, supports over 380 cryptocurrencies, as well as over 40 fiat currencies. On average, the exchange is visited 28.35 million times per week by users. At the time of writing, Binance exchange’s market rating based on its performance and portfolio is 9.8 out of 10.0.

The second spot goes to Coinbase being the second-largest cryptocurrency exchange. The exchange currently observes an average daily trading volume of around $5 billion. At present, the exchange offers access to 315 cryptocurrency markets, supports over 100 cryptocurrencies, as well as supports USD, EUR, and GBP. On average, the exchange is visited 2.90 million times per week by users. At the time of writing, Coinbase exchange’s market rating based on its performance and portfolio is 9.0 out of 10.0.

The third spot goes to KuCoin being the third-largest cryptocurrency exchange. The exchange currently observes an average daily trading volume of around $2.5 billion. At present, the exchange offers access to 928 cryptocurrency markets, supports over 470 cryptocurrencies, as well as supports over 45 fiat currencies. On average, the exchange is visited 1.74 million times per week by users. At the time of writing, KuCoin exchange’s market rating based on its performance and portfolio is 8.5 out of 10.0.

The fifth spot goes to FTX being the fourth largest cryptocurrency exchange. The exchange currently observes an average daily trading volume of around $2.6 billion. At present, the exchange offers access to 522 cryptocurrency markets, supports over 262 cryptocurrencies, as well as supports over 5 fiat currencies. On average, the exchange is visited 3.8 million times per week by users. At the time of writing, FTX exchange’s market rating based on its performance and portfolio is 8.5 out of 10.0.