Cryptocurrency Q&A
What are the top 10 centralized cryptocurrency exchanges (Cex)?
What are the top 10 centralized cryptocurrency exchanges (Cex)?
Sara
Tue Jul 16 2024
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7 answers
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When exploring the landscape of cryptocurrency trading, centralized exchanges (CEXs) play a pivotal role. These platforms facilitate the buying, selling, and trading of digital assets in a regulated and secure environment. However, with the ever-expanding list of CEXs, it's crucial to identify the top performers. Could you elaborate on the key factors that contribute to a CEX's ranking, such as trading volume, security measures, user interface, and supported cryptocurrencies? Additionally, could you provide a concise list of the top 10 centralized cryptocurrency exchanges, highlighting their unique selling points and any potential drawbacks? This information would greatly assist investors and traders in making informed decisions.
7 answers
Andrea
Thu Jul 18 2024
This study focuses on the comprehensive analysis of daily trading volumes across the top 10 centralized cryptocurrency exchanges (CEX), spanning from Binance to Kraken.
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CryptoTamer
Thu Jul 18 2024
The selected exchanges include Binance, OKX, Bybit, the now defunct FTX, Kucoin, Gate, Upbit, Huobi, Crypto.com, Coinbase, and Kraken, representing the most significant players in the cryptocurrency market.
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KimonoGlory
Thu Jul 18 2024
The study period covers the period from October 26 to November 13, 2022, aiming to capture the trading patterns and volumes during this specific timeframe.
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Bianca
Thu Jul 18 2024
The analysis encompasses both spot trading and derivatives trading volumes, providing a comprehensive overview of the market activities across these exchanges.
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Lorenzo
Wed Jul 17 2024
Wash trades, known for their artificial inflation of trading volumes, are excluded from the dataset to ensure the accuracy and reliability of the findings.
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