Centralised Exchange Trading Volumes Reach 4-Year Low first published on cryptomuskn Fintech Information.
The buying and selling volumes at centralized exchanges have been declining for four years. According to recent research by CCData (a crypto analytic firm), this may be attributable to increased regulatory attention from U.S. authorities. The combined volume of spot and derivatives trading fell by 15.7% in May, marking a two-month stretch in which crypto trading has decreased. According to CCData, out of all the major companies that experienced falling trading volumes, Binance was the one that was most negatively affected.
