Dogecoin

Spot

The spot trading volume increased by 141% compared to October, with Upbit leading the way, having reported a massive 386% increase. Other top exchanges like BitMart and Bitfinex also saw a strong growth, with an increase of 242% and 218%, respectively.
According to a report by WuBlockchain, last month was impressive for major cryptocurrency exchanges.&nbsp;
The exchanges like HTX, Bybit, and Crypto.com saw smaller yet notable increases of 69%, 74%, and 92%, respectively.
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 <figure class="aligncenter size-large"><img decoding="async" width="365" height="484" src="https://www.cryptotimes.io/wp-content/uploads/2024/12/CEX-Data-Report-for-the-month-of-November-365x484.png" alt="CEX Data Report for the month of November" class="wp-image-222349">
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 CEX Data Report for the month of November | Source: <a href="https://x.com/WuBlockchain/status/1866810342766158250?t=OGyTxUPM9reF63113s8k9g&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">X</a>
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In derivatives trading, the volume increased by 97% month-on-month. Mexc had the most significant uptrend in this regard with a 186% increase, followed by Kraken with 160%, and Deribit with 151%. Crypto.com, on the other hand, witnessed slower growth in this category with a 57% increase, while Gate.io and OKX posted uptrends of 77% and 86%, respectively.
Website traffic for exchanges was also up 32% in total through the month of November. Crypto.com saw a 113% increase in traffic, with Coinbase and Upbit in second and third spot, at 85% and 82%, respectively. Exchanges that lost traffic during this time were Gate.io, OKX, and Bitget, falling 6%, 4%, and 2%, respectively.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
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Spot Trading Volume Sees 141% Surge Last Month

The Crypto Times

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