Digital currency exchange transactions hit second highest record in 5 years. Binance leads despite market share drop. Crypto.com sees significant growth.
According to Coingecko data, the volume of digital currency exchange transactions reached 18.83 trillion dollars in 2024, marking the second highest figure in the past five years. Among these, Binance remained the largest exchange with 7.3 trillion dollars in transactions, despite a decrease in market share from 47 to 39 percent. Notably, Crypto.com saw a tenfold increase in transaction volume to 1.29 trillion dollars, climbing to the third rank. Bybit secured the second position with 1.75 trillion dollars, while Upbit and OKX claimed the fourth and fifth ranks with 1.258 and 1.172 trillion dollars respectively.
