THECRYPTO.WATCH – These 4 Biggest Crypto Markets have very high daily transaction volumes. This marks the unstoppable stretch of cryptocurrency.
As a crypto investor, do you know for sure the biggest crypto market? Because there are indeed a number of platforms for buying and selling these digital assets that have high transaction volumes.
What are the Biggest Crypto Markets?
The high volume of transactions indicates that there is an increase in the number of crypto investors from all over. Check out the world’s largest crypto market.
The number of transactions on Binance per day now reaches 12.5 billion USD or around 178 trillion rupiah. The company, founded in 2017, is registered in Cayman Island.
Initially, this platform was founded in China, but it left the region following the regulation on cryptocurrency issued by the government. In 2021, Binance was investigated by the US Department of Justice on charges of money laundering and tax violations.
The transaction volume of this platform reaches 2.4 billion USD or equivalent to IDR 34 trillion. Coinbase is an American company that operates a platform for cryptocurrency exchange.
The company, which was founded in 2012, does not have a physical building. In April 2021, Coinbase finally decided to go public on the Nasdaq exchange. CNBC in 2021 reported that Coinbase froze GYEN because it experienced a price spike that resulted in many traders losing their money.