Are Crypto Exchanges Thriving or Struggling?
The year is halfway in, and the crypto sector is performing well. However, it is essential to evaluate the performance of crypto trading platforms as they play significant roles in the growth of the space.
A report by the market intelligence platform CryptoQuant has analyzed the growth of top players, including Binance, Coinbase, Bybit, OKX, and Bitget. The analysis checks their performance across the spot, futures, derivatives, and regional markets. CryptoQuant also gauged their level of on-chain activity.
How Did Exchanges Fare in H1?
The result of the analysis revealed that Binance and Coinbase are currently leading the exchange landscape across different verticals. Binance emerged as the most dominant and…
