ANNOUNCEMENT! We're excited to share that The Block Pro, a portfolio of research, news and data products in one easy-to-use platform, launches later this month. Reach out to your account manager for more information about products and subscription options.
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
Join The Block Research for exclusive research like this
Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.