common-close-0
BYDFi
Trade wherever you are!

What is the volume of Bitcoin trading on Nasdaq?

avatarMohammad ShamimMridha ShamimDec 28, 2021 · 3 years ago3 answers

Can you provide information about the volume of Bitcoin trading specifically on Nasdaq? I'm interested in knowing the daily trading volume and any significant trends or fluctuations. How does Nasdaq's Bitcoin trading volume compare to other major cryptocurrency exchanges?

What is the volume of Bitcoin trading on Nasdaq?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    The volume of Bitcoin trading on Nasdaq varies on a daily basis. As one of the largest stock exchanges in the world, Nasdaq provides a platform for institutional investors to trade Bitcoin futures contracts. However, it's important to note that Nasdaq does not directly facilitate spot trading of Bitcoin. The trading volume on Nasdaq is typically lower compared to dedicated cryptocurrency exchanges such as Binance or Coinbase. It's recommended to refer to the official data sources or market analysis platforms for up-to-date information on the specific volume of Bitcoin trading on Nasdaq.
  • avatarDec 28, 2021 · 3 years ago
    The volume of Bitcoin trading on Nasdaq is not publicly disclosed. Nasdaq is primarily known for its traditional stock market operations, and while it does offer Bitcoin futures contracts, the trading volume is not as significant as on dedicated cryptocurrency exchanges. If you're interested in trading Bitcoin, it's advisable to explore other platforms that specialize in cryptocurrencies. Binance, Coinbase, and Bitstamp are some popular exchanges with high trading volumes and liquidity.
  • avatarDec 28, 2021 · 3 years ago
    As an employee at BYDFi, I can tell you that the volume of Bitcoin trading on Nasdaq is relatively low compared to other major cryptocurrency exchanges. Nasdaq primarily focuses on traditional financial instruments and offers Bitcoin futures contracts as a way for institutional investors to gain exposure to Bitcoin. However, the majority of retail traders and investors prefer to trade Bitcoin on dedicated cryptocurrency exchanges that offer spot trading. Binance, for example, has a significantly higher trading volume and liquidity for Bitcoin compared to Nasdaq.