Top sex with weekly trading volume

One of the biggest centralized exchanges, Binance has led the weekly trading volume chart with a volume of $113.6 billion over the past seven days. This is a complete breakdown of the top centralized exchanges by trading volume.

Top Performers: A Versatile View

Top centralized exchanges are located here according to the volume of trading for 7 days (weekly).

When it comes to the number of trading volumes, Binance is on top. The exchange processed a huge amount of $113.6 billion worth of transactions last week. This was almost 30% of all volumes in the market. This huge share is even the biggest choice for crypto buyers around the world.

Meanwhile, Bybit has earned $24 billion and has gained loyal following among people who trade their futures and options.

Other platforms besides Binance also made marks, but not as much as Binance. One example is gate.io. This attracted people by listing new and emerging tokens, with deals worth $20.1 billion. Coinbase, famous in the US, has processed $18.5 billion. Easy-to-use interfaces and regulatory compliance have made them attractive to American traders. Also, OKX and MEXC put $18.4 billion each, providing sophisticated tools and features to buyers with more experience.

Upbit maintains its edge in the Korean cryptocurrency scene, earning a volume of $17.7 billion each week. HTX finally completed the list for $12.4 billion.

Every week compared to daily volume

It was Binance that again led the race with a total of $197.6 billion in the last 21 hours and 24 hours. That was followed by a trading volume of $7.05 billion, with Crypto.com at $11.65 billion.

Considered a lesser exchange, HTX and Upbit had a volume of $2.36 billion and $2.59 billion each day.

Comparing these numbers to weekly averages reveals some fascinating patterns occurring. This example is crypto.com, and could indicate a surge in engagement or advertising initiatives that have led people to the platform, as they have seen an identifiable increase in daily activities.

What does this mean for investors and traders?

For traders, the higher the number of trades, the better the liquidity. This means you can order large quantities without significantly affecting the price. In this way, platforms like Binance and Coinbase really shine and make great choices for high frequency traders and large investors.