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What are the 3 largest cryptocurrency exchanges?

Currently, the 3 largest cryptocurrency exchanges are Bybit, OKX, and Coinbase Exchange. Total tracked crypto exchange reserves currently stands at $201 Billion. Trust Score is a rating algorithm developed by CoinGecko to evaluate the legitimacy of an exchange’s trading volume.

How many crypto exchanges are there?

As of today, we track 219 crypto exchanges with a total 24h trading volume of $103 Billion, a 20.09% change in the last 24 hours. Currently, the 3 largest cryptocurrency exchanges are Bybit, OKX, and Coinbase Exchange. Total tracked crypto exchange reserves currently stands at $201 Billion.

What is a crypto exchange?

A crypto exchange is a marketplace where you can buy and sell cryptocurrencies, like bitcoin, Ether or Dogecoin. Cryptocurrency exchanges work a lot like other trading platforms that you may be familiar with. They provide you with accounts where you can create different order types to buy, sell and speculate in the crypto market.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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