In April 2021, cryptocurrency exchanges showed the highest trading volumes on record, despite the fact that the month was not over yet.
A report from The Block team says that as of April 24, the volume of transactions on the trading floors came close to $ 1.3 trillion. Thus, the previous record recorded by the researchers in February 2021 was broken.
In addition, The Block draws attention to the fact that for the third month in a row, trading volumes exceed $ 1 trillion, which indicates a gradual maturation of the market.
This trend also testifies to the acceleration of the institutional adoption of the cryptosphere, which has been talked about so much by experts before.
The rise in the value of bitcoin and the massive liquidation of positions in the futures market were the main factors that provoked a new record in terms of trading volumes on exchanges.
The largest digital currency broke above $ 50,000 overnight. On Monday, April 26, bitcoin is trading at around $ 52,000.
On which exchanges is it more profitable to buy cryptocurrency?
For the safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support the deposit and withdrawal of funds in rubles, hryvnia, dollars and euros.
The reliability of the site is primarily determined by the trading volume and the number of users. By all key metrics, Binance is the largest cryptocurrency exchange in the world. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from Visa / MasterCard bank cards and payment systems QIWI, Advcash, Payeer.