In the wake of the downfall of Sam Bankman-Fried’s FTX exchange, crypto traders are increasingly turning toward decentralized finance (DeFi) protocols and few are withdrawing – as cryptocurrencies flow off big centralized crypto exchanges.


#Crypto #Exchange #CEX #FTX #DeFi

Buying, selling, or trading cryptocurrencies?

Explore the various types of exchanges, their features, and their benefits, and learn how to choose the best one for your trading strategy.


#Cryptocurrency #Exchnage #DEX #CEX #Trading

Spot vs. Derivatives: A Combined Market Share Overview for August 2024

🔹The #Crypto giant #Binance holds a commanding 38.7% of the combined spot and derivative #CEX market, outpacing all competitors.

🔹#Bybit has set new records, with its spot market share at 9.89% and derivatives at 15.9%, matching #BNB's achievements.

🔹With a 13.3% market share, #OKX solidifies its place as a major player in the CEX space.

Source:
@CCData_io


#CoinPedia #cryptomarket #Blockchain #cryptocurrency