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Which crypto exchanges had the highest trading volume in December 2017?

avatarLEGEND 'AMEEN'Dec 24, 2021 · 3 years ago3 answers

Can you provide a list of the crypto exchanges that had the highest trading volume in December 2017? I'm particularly interested in knowing which exchanges were the most active during that period and had the highest number of trades. It would be great if you could also provide some insights into the factors that contributed to their high trading volumes.

Which crypto exchanges had the highest trading volume in December 2017?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Sure! In December 2017, the crypto exchanges with the highest trading volume were Binance, Bitfinex, and Bithumb. These exchanges experienced a surge in trading activity due to the increased interest in cryptocurrencies at that time. Binance, in particular, gained popularity for its wide range of available cryptocurrencies and user-friendly interface, attracting a large number of traders. Bitfinex and Bithumb also saw significant trading volumes, thanks to their established reputation and the variety of trading pairs they offered. Overall, the high trading volumes on these exchanges were driven by the growing demand for cryptocurrencies and the increased participation of traders in the market.
  • avatarDec 24, 2021 · 3 years ago
    During December 2017, the crypto exchanges that dominated the trading volume charts were Binance, Bitfinex, and Bithumb. These exchanges witnessed a massive influx of traders and investors, resulting in a surge in trading volumes. Binance, known for its extensive selection of cryptocurrencies and competitive trading fees, attracted a large user base, contributing to its high trading volume. Bitfinex, on the other hand, appealed to experienced traders with its advanced trading features and liquidity. Bithumb, a popular exchange in South Korea, also experienced a significant increase in trading volume due to the country's strong interest in cryptocurrencies. The high trading volumes on these exchanges were a reflection of the booming crypto market and the enthusiasm of traders during that period.
  • avatarDec 24, 2021 · 3 years ago
    According to data from December 2017, the crypto exchanges that recorded the highest trading volumes were Binance, Bitfinex, and Bithumb. Binance, a leading exchange known for its robust security measures and wide range of supported cryptocurrencies, attracted a large number of traders and investors. Bitfinex, a well-established exchange, offered advanced trading features and a diverse selection of trading pairs, making it a preferred choice for many traders. Bithumb, a South Korean exchange, experienced significant trading volume due to the country's active participation in the crypto market. These exchanges stood out in terms of trading volume during December 2017, showcasing the growing popularity and demand for cryptocurrencies.