Centralized Crypto Exchanges See 15% Spot Trading Volume Surge
The spot trading volume on centralized cryptocurrency exchanges rebounded in August after reaching a two-year low in July. According to data, the volume rose by 15% from the previous month to $811 billion.
This growth marked a return to positive trends just one month after spot trading volume plummeted to its lowest level in two years.
Among the exchanges, Coinbase and KuCoin recorded the most significant increases in trading volume.