Gecko Terminal's exclusive analysis reveals top 10 crypto exchanges' total assets. Who's dominating the market? Read CT.
- Gecko Terminal has unveiled the top 10 centralized crypto exchanges with the largest holdings.
- Binance has topped the crypto exchanges with asset holdings.
- Bitcoin has 11% of the circulating supply currently available on exchanges.
GeckoTerminal, a notable entity in real-time decentralized exchange tracking on X, has recently shared an analysis of the top 10 centralized cryptocurrency exchanges, ranked by their total asset holdings. This study gives the public a deeper understanding of the major players in the digital currency arena.
Binance, the globally recognized leader in cryptocurrency exchanges, holds the premier position with a total asset value of $65.3 billion. Despite the recent retraction of its cryptocurrency custody license application in Germany, Binance maintains its stronghold in the market with a daily USD trading volume of $6.7 billion and a Bitcoin trading volume of $226,552.87.
Read full article at CryptoTale.