What is the daily volume of Binance?
Binance, as of May 2024, was the second largest cryptocurrency exchange in the world, with a reported daily trading volume of $11.8 billion. This high volume indicates Binance's significant market presence and liquidity, making it a popular platform for crypto traders.
What is the daily volume of SwissBorg?
I want to know the daily trading volume of SwissBorg. Can you provide me with this information? I need it to understand the liquidity and activity of the platform.
What is the daily volume of ChangeNOW?
I want to know the daily trading volume of ChangeNOW. How much cryptocurrency is being exchanged on this platform every day?
What is the daily volume of Bitso?
Could you please elaborate on the daily trading volume of Bitso? I'm curious to know how much cryptocurrency is exchanged on this platform each day. Is it a significant amount that indicates a thriving market, or is it relatively small in comparison to other major exchanges? Understanding the daily volume can give us insights into the liquidity and activity levels of Bitso, which is crucial for traders and investors alike.
How do you calculate daily volume?
Excuse me, could you please elaborate on how exactly one calculates daily volume in the cryptocurrency market? Is it a straightforward process that involves simply adding up all transactions within a 24-hour period, or does it involve more complex metrics and considerations? Are there any specific exchanges or platforms that are considered more reliable sources for accurate daily volume data? Additionally, how does one account for wash trading or other potential forms of manipulation when calculating daily volume? I'm eager to gain a deeper understanding of this process.