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The latest ranking of virtual currency exchange platforms

Jul 11, 2024 am 11:07 AM
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According to the latest virtual currency exchange platform rankings, Binance ranks first with a 24-hour trading volume of up to 170 billion US dollars, providing transactions in more than 600 currencies. It is followed by FTX ($100 billion), Coinbase ($80 billion), Huobi ($60 billion), and KuCoin ($40 billion).

The latest ranking of virtual currency exchange platforms

The latest ranking of virtual currency exchange platforms

Foreword
With the rapid development of the virtual currency market, many virtual currency exchange platforms have emerged. To help investors choose the most suitable exchange, this article will provide the latest virtual currency exchange platform rankings.

Ranking basis
This ranking is based on the following key indicators:

  • Transaction volume
  • Number of coins
  • Security
  • Fees
  • User experience

Ranking

Ranking Exchange platform Trading volume (24 hours)
1 Binance $170 billion
2 FTX $100 billion
3 Coinbase $80 billion
4 Huobi $60 billion
5 KuCoin $40 billion
6 Kraken $30 billion
7 OKEx $25 billion
8 Bybit $20 billion
9 Bitstamp $15 billion
10 Crypto.com $12 Billion

Detailed analysis

Binance
Binance is currently the largest virtual currency exchange, providing transactions in more than 600 currencies, and its trading volume and number of users lead the market. Binance also offers a wide range of features, including futures trading, staking, and non-custodial wallets.

FTX
FTX is another leading exchange known for its derivatives trading. It offers a variety of futures, options, and leveraged tokens, making it a good choice for traders and investors.

Coinbase
Coinbase is a US-focused exchange with a strong security record and an easy-to-use platform. Coinbase offers a variety of currencies, including Bitcoin, Ethereum, and stablecoins.

Huobi
Huobi is a Singapore-based exchange that offers a wide range of currencies, comprehensive trading features, and advanced trading tools. Huobi has offices in many countries around the world and has a large international user base.

KuCoin
KuCoin is an emerging exchange known for its low fees, multiple currencies, and support for new projects. KuCoin also offers a range of trading tools, including stop-loss orders, leverage trading, and trading bots.

Other Noteworthy Exchanges

  • Kraken: Known for its security, compliance, and wide currency selection.
  • OKEx: Provides a variety of trading tools, derivatives trading and powerful API.
  • Bybit: Focus on futures trading, providing high leverage and low fees.
  • Bitstamp: A long-established exchange known for its security, stability, and support for the Euro.
  • Crypto.com: Offers a wide range of currencies, trading features, and crypto debit cards.

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