Centralized Crypto Exchange Spot Volume Rises 15% in August to $811 Billion
JH Kim
Summary
- August spot trading volume on centralized cryptocurrency exchanges rose 15% from a month earlier to $811 billion.
- After spot trading volume fell to a two-year low in July, it returned to growth a month later in August.
- Among exchanges, Coinbase and KuCoin posted the strongest trading-volume growth.
Forecast Trend Report by Period
Spot trading volume on centralized cryptocurrency exchanges rebounded in August after dropping to a two-year low in July.
Cointelegraph reported on Sept. 7 that spot volume on centralized exchanges climbed 15% from a month earlier in August to $811 billion.
The gain marked a return to growth just one month after July spot volume fell to its lowest level in two years.
Among exchanges, Coinbase and KuCoin recorded the most pronounced increases in trading volume.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.