Monthly trading volume on BTC exchanges exceeded $2 trillion

by in Cryptocurrency News

Bitcoin

In May 2021, the trading volume on crypto exchanges reached a record high of $ 2.27 trillion.

The Binance trading platform is ranked #1 in the crypto-to-crypto segment (the main exchange does not offer USD trading). Trading volume in May - $1.5 trillion.

Bitcoin exchange Coinbase leads the fiat-to-crypto segment with $ 198 billion.

Trending: Smart Contracts Audits Startup Hexens Closed $4.2 M Seed Funding

Also, May 2021 could be the worst for the first cryptocurrency, which fell by 37% at the end of the month. At the time of writing, Bitcoin is trading at $36,850.

On May 26, amid the collapse of the cryptocurrency market, the total capitalization of stablecoins exceeded the $100B mark.