What is the average daily trading volume of crypto assets on major exchanges?
sandhya choudhuryDec 25, 2021 · 3 years ago3 answers
Can you provide information on the average daily trading volume of crypto assets on major exchanges? I'm curious to know the typical amount of trading activity that takes place on these platforms.
3 answers
- Dec 25, 2021 · 3 years agoThe average daily trading volume of crypto assets on major exchanges varies depending on the specific exchange and market conditions. However, it is not uncommon for major exchanges to see billions of dollars worth of crypto assets being traded on a daily basis. This high trading volume is a reflection of the growing popularity and liquidity of the crypto market.
- Dec 25, 2021 · 3 years agoCrypto assets have gained significant traction in recent years, leading to a surge in trading volume on major exchanges. On average, the daily trading volume of crypto assets on these exchanges can range from millions to billions of dollars. This level of trading activity highlights the active nature of the crypto market and the opportunities it presents for investors and traders.
- Dec 25, 2021 · 3 years agoAccording to a recent report, BYDFi, a leading digital asset exchange, has an average daily trading volume of over $1 billion. This demonstrates the strong demand and liquidity on the platform, making it an attractive choice for traders. However, it's important to note that trading volume can vary across different exchanges, and it's always advisable to conduct thorough research before engaging in any trading activities.
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