Binance, OKX, Gate maintain lead in centralized crypto exchange volumes
Binance is leading the charge across various centralized exchanges in terms of trading activity metrics, while others like OKX and Gate have been strengthening their positions.
Gate has emerged as one of the strongest rising exchanges, with a notable increase in spot volumes in August, which won the exchange the second global position behind Binance, with its spot trading crossing over $600 billion monthly, according to August reports.
Binance also dominated the futures market in August, recording volumes above $3.25 trillion, while OKX had $1.26 trillion and Gate’s grew to $923B the same month.
As far as trading volume is concerned, Binance has remained the…
