Who can say better? – While decentralized exchanges are breaking new records, it would seem that the situation is the same on the side of their centralized counterparts. The latter recorded no less than $900 billion in volume in January 2021 alone.
Everybody’s been ripping off cryptomoney.
Cryptomoney has been in the midst of a bull market for several weeks now.
While some users are using decentralized exchange platforms, their big sisters are still the most popular.
In January alone, the centralized exchanges recorded a record volume of 906 billion dollars.
In practice, this represents an increase of almost 140% compared to the volumes recorded in December.
As has been the case for several years now, the Binance platform leads the way with 60% of the volume, i.e. $518 billion. It is followed by Coinbase and Kraken, with volumes of $117 billion and $56 billion respectively.
Despite their recent rise, decentralized exchange platforms still have a long way to go before they match the main centralized platforms.