Since the cryptocurrency boom, cryptocurrency exchanges have been performing really well. The cryptocurrency exchanges that were doing well even before the crypto-boom, have skyrocketed in terms of their growth.
The most prominent factors of the cryptocurrency exchanges are their trading volumes, the number of cryptocurrencies, and other components they manage. However, it is important to discuss which cryptocurrency exchange is demonstrating the highest growth rate and what it is offering at the moment.
For several years, the Binance exchange has been the top-performing and the largest exchange in the entire crypto-verse. At the time of writing, the average 24-hour trading volume being recorded on the exchange is over $19.81 billion. The visits on the Binance exchange website are over 30.7 million. The users on the exchange have access to 1473 markets, offer 393 tokens, and over 43 fiat currencies. All these factors and more combined, bring the overall rating of the exchange to 9.9/10.
Coinbase ranks as the second-largest crypto exchange in the entire crypto-verse. At the time of writing, the average 24-hour trading volume being recorded on the exchange is over $4.36 billion. The visits on the exchange’s website are over 3.41 million. The users on the exchange have access to 338 markets, offer 110 tokens, and over 2 fiat currencies. All these factors and more combined, bring the overall rating of the exchange to 9.1/10.
KuCoin ranks as the third-largest crypto exchange in the entire crypto-verse. At the time of writing, the average 24-hour trading volume being recorded on the exchange is over $2.05 billion. The visits on the exchange’s website are over 2.2 million. The users on the exchange have access to 944 markets, offer 479 tokens, and over 45 fiat currencies. All these factors and more combined, bring the overall rating of the exchange to 8.6/10.
FTX ranks as the fourth largest crypto exchange in the entire crypto-verse. At the time of writing, the average 24-hour trading volume being recorded on the exchange is over $2.31 billion. The visits on the exchange’s website are over 4.4 million. The users on the exchange have access to 526 markets, offer 266 tokens, and over 7 fiat currencies. All these factors and more combined, bring the overall rating of the exchange to 8.6/10.
Kraken ranks as the fifth largest crypto exchange in the entire crypto-verse. At the time of writing, the average 24-hour trading volume being recorded on the exchange is over $1.2 billion. The visits on the exchange’s website are over 2.4 million. The users on the exchange have access to 371 markets, offer 97 tokens, and over 4 fiat currencies. All these factors and more combined, bring the overall rating of the exchange to 8.5/10.