The growth of trading volume on centralized crypto exchanges exceeded 10%

Last month, $468.8 billion worth of trades were made in the spot market, up from only $424.7 billion in May. Crypto.com, Huobi and Mexc recorded a drop. Binance remains the market leader with $233 billion traded.

The cryptocurrency futures market saw a smaller increase of 9.5%. However, the trading volume itself is much higher, with $2.53 trillion worth of trades made during the month. Binance remained the leader with the result of $1.16 trillion. Crypto.com lost 28.6% of trading volume, followed by Gate (-16.9%) and BitMEX (4.7%).

Web traffic on centralized cryptocurrency exchange websites fell 8% in June to 178 million visits. Users from Russia ranked first in terms of visits to the websites of exchanges Binance, Bybit, Gate, Bitget and Huobi.

Earlier it was reported that the Binance exchange now accounts for 58% of total cryptocurrency trading volume. Meanwhile, back at the beginning of the year, the company had 72% of the CeFi market.