Crypto Exchange FTX US Sees Growth: Trading Volume Surged 512% In Q3
Crypto Exchange FTX US reported great growth during 2021 third quarter with an average daily trading volume of approximately $360 billion, a 512% jump from the second quarter. FTX US’ user count surged 52% quarter-over-quarter, increased its headcount by 30%, and held about 4.5% of the U.S. crypto spot market’s volume by September 30th, a 2% increase compared to the beginning of the quarter. The company has reached a total value of $25 billion. Related Reading | Solana, FTX, Lightspeed Ventures To Launch $100M Web3 Gaming Fund Brett Harrison, President of FTX US,....
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Over the past year, the trading volume of futures had surged. Thanks to the crypto bull of 2021, a wide range of decentralized projects have flourished, which has catalyzed the growth of the futures market. As the crypto bull advanced, the futures market remained popular throughout 2021. Right now, it has even surpassed the spot market and become the mainstream investment choice among crypto users. Meanwhile, the trading volume of futures has reached new highs despite the switch to a bear market. Earning multiplied returns by trading futures is one of the primary ways to profit from a....
Bitcoin trading volume at the newest Bitcoin exchange, the Winklevoss twin's Gemini, has surged 40,000% in the three weeks since its opening. Despite these numbers, the overall volume at the exchange remains trumped by that of other exchanges. Targeting the stock market investor, Gemini commands considerable per transaction volumes. A high percentage of transactions on the website are comprised of 50 bitcoins or more. Data: Bitcoinity. The makeup of the Gemini customer is unknown. While some believe certain investors were waiting for a fully-regulated and insured exchange to operate in....
Trading volume on the world’s most popular crypto exchange has surged following a rally of the top three tokens. With Bitcoin within $1,000 of its all-time high price of $19,891 set in December 2017, trading on major crypto exchange Binance is also hitting new heights with more than $37 billion in volume in the last 24 hours.According to data from CoinMarketCap, the daily trading volume of Binance has now hit $37,291,444,117 which is up 40.5% in the last 24 hours. Last week, the analytics site reported $25 billion in trading volume for Binance.In addition, Bitcoin (BTC) futures open....
Data shows Bitcoin spot trading volume has surged up as BTC has begun to target a new all-time high (ATH) price soon. Bitcoin Spot Trading Volume Keeps Increasing As per the latest report from Arcane Research, BTC spot trading volume continues to surge up as the coin heads towards a new ATH. The “trading volume” […]
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous year-to-date high on May 13.
Cumberland Says ‘On Big Swings, More Volume Tends to Come to OTC Desks’
Over-the-counter (OTC) trading desks allow high-net-worth crypto traders to trade coins without affecting spot markets as much as they would trading on a traditional exchange. OTC....