Monthly crypto exchange volumes broke $1 trillion for the first time in February

Feb 27, 2021 | The Block News | 0 comments

monthly-crypto-exchange-volumes-broke-$1-trillion-for-the-first-time-in-february

Crypto exchange data collected by The Block Research shows monthly traded volumes surpassing $1 trillion in February, a new record.

As of February 27, the monthly volume figure stood at $1.05 trillion. That represents an increase of $143.9 billion — or 15.9% — from January when the previous monthly high was registered. Two-thirds of the trillion-dollar volume comes from Binance, with 10.6% from Coinbase and 5.3% from Kraken. 

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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