Major players in the global virtual currency trading market include: Binance: Headquartered in Malta, with a daily trading volume of more than $20 billion, it offers a wide range of cryptocurrency trading pairs. Coinbase: Headquartered in the U.S. with over $10 billion in daily trading volume, Coinbase offers regulated cryptocurrency trading pairs. FTX: Headquartered in the Bahamas, with daily trading volume exceeding $5 billion, focusing on derivatives trading.
Three major virtual currency exchanges in the world
The global virtual currency trading market is huge and many exchanges have emerged. Among them, the following three exchanges dominate the market:
1. Binance
- Headquarters are located in Malta
- Founded in 2017
- Daily trading volume exceeds $20 billion
- Offers various cryptocurrency trading pairs, including Bitcoin, Ethereum, and Binance Coin
- Known for its low Known for its transaction fees and wide range of cryptocurrency support
2. Coinbase
- Headquartered in California, USA
- Founded in 2012 Annual
- Daily trading volume exceeds $10 billion
- Offers limited but regulated cryptocurrency trading pairs, including Bitcoin, Ethereum and Litecoin
- Known for its user-friendliness Known for its interface and novice-friendly features
3. FTX
- Headquarters in the Bahamas
- Founded in 2019
- Daily trading volume exceeds $5 billion
- Focus on futures and derivatives trading
- Famous for its advanced trading platform and low trading fees
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