The market share of cryptocurrency exchanges ranked by trading volume is as follows: Binance, 50% Coinbase, 10% Kraken, 5% FTX, 4% OKX, 3%
Cryptocurrency exchange market share ranking
Cryptocurrency exchanges are platforms for buying and selling cryptocurrencies, and their market share reflects the industry landscape. Here are the top five cryptocurrency exchanges by trading volume:
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Binance: Binance is the largest cryptocurrency exchange with around 50% market share. It offers a wide range of trading pairs, low fees, and advanced trading features.
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Coinbase: Coinbase is the leading cryptocurrency exchange in the United States with approximately 10% market share. It is known for its ease of use and novice-friendliness.
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Kraken: Kraken is another large cryptocurrency exchange with around 5% market share. It provides institutional-grade trading services with a strong focus on security and compliance.
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FTX: FTX is a fast-growing cryptocurrency derivatives exchange with approximately 4% market share. It offers a wide range of derivatives products, including futures and options.
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OKX: OKX is a Seychelles-based cryptocurrency exchange with approximately 3% market share. It offers a wide range of trading pairs, low fees, and a mobile app.
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