June 22, 2020, 6:06AM EDT
• 2 min read

A look at BTC/USD and BTC/EUR volume on exchanges

Quick Take

  • There are only four exchanges that have historically attracted the most liquidity for BTC/USD pairs — Bitfinex, Coinbase, Kraken, and Bitstamp
  • In terms of BTC/USD volume, 2020 monthly high is still four times smaller than the all-time record in December 2017
  • Coinbase is the leader for BTC/USD volume while Kraken is the clear leader for BTC/EUR volume
  • Bitfinex’s share of volume dropped significantly in the last three years – from 50% to less than 20% now

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