CryptoCompare Publishes July Exchange Review

Traders Magazine Online News, August 27, 2019

John D’Antona Jr.

CryptoCompare’s July Exchange Review shows top ranked exchanges increasing market share, yet lower quality exchanges still dominate.

Key highlights:

Top exchanges increase market share with those ranked AA (according to the CryptoCompare Benchmark) seeing a substantial rise in volumes
Exchanges ranked AA represented 5% (31 billion USD) of total aggregate volume in July, up 29% from June. Those rated A represented 19% (119 billion USD), up 9.9% month-on-month while those rated B represented 8% (47 billion USD), down 15.8% from June.

Yet lower quality exchanges still predominate...
Despite the increase in volumes across AA-ranked exchanges, lower quality exchanges - those with D-F ratings - still represented 64% (316 billion USD) of trading volume (down 7.8% since June).

The July Exchange Review includes several new features:

• Exchange Benchmarking Analysis
• Trade Data Analysis
• Case Study on BitMEX outflows in partnership with TokenAnalyst

Click here for the Press release
Click here for the Full report

 

 

For more information on related topics, visit the following channels:

• Cryptocurrencies
• Exchanges and ECNs