How much money did centralized crypto exchanges make last year?

Last year, centralized crypto exchanges facilitated over $1.8 trillion in trading volumes. All these numbers are from The Block's Legitimate Index, which takes volume data from the largest exchanges that are known to be reporting volumes more accurately. Binance continues to dominate the centralized crypto exchange market.

How much is the crypto market worth in 2021?

Centralized crypto exchanges, which hold customers' private keys unlike decentralized exchanges, reported more than $14 trillion in trading volume in the year 2021, according to The Block Research. That figure is a massive 689% increase compared to 2020 trading volumes, based on data as of December 24.

What happened to crypto Cex in January?

Crypto CEX spot volumes increased 58% in January. Derivatives volume increases were even higher. Markets have retreated slightly but remain in a consolidation phase. Trading volumes on centralized crypto exchanges (CEX) have surged since the beginning of the year.