Crypto Trading Picks Up Speed in Recent Months

In the last few months, trading of actual cryptocurrencies on big exchanges saw a big jump. This change came after a slow start to the year. The top 10 exchanges saw a huge 30. 6% increase in trading volume. This means a lot more people are buying and selling cryptocurrencies like Bitcoin. Bitcoin prices went up too, reaching over $123, 000 in August. This might have encouraged more people to trade. Even with this rise, trading of complex financial products related to crypto is still more popular than simple buying and selling.Binance, the biggest exchange, kept its top spot. It handled about 43% of all simple trades. Other exchanges like MEXC and Bybit had much smaller shares, around 9% each. In the complex trading market, Binance also led, with a big 31. 3% share in September. Some smaller exchanges like Gate, KuCoin, and BingX grew too. This shows that even with big players, there's room for others to grow. The report suggests that the market is changing and getting more competitive.