Spot Trading Volume Sees 141% Surge Last Month

Cryptocurrency Exchange Performance in November

Major cryptocurrency exchanges experienced impressive growth in November, according to a report by WuBlockchain.

Spot Trading

• Spot trading volume surged by 141% compared to October.
• Upbit led the way with a notable 386% increase.

• Other top exchanges also saw strong growth:

  • BitMart: 242% increase
  • Bitfinex: 218% increase
  • HTX: 69% increase
  • Bybit: 74% increase
  • Crypto.com: 92% increase

Derivatives Trading

• Derivatives trading volume increased by 97% month-over-month.
• Mexc had the largest uptrend (186%).

• Other significant increases:

  • Kraken: 160%
  • Deribit: 151%
  • Crypto.com: 57%
  • Gate.io: 77%
  • OKX: 86%

Website Traffic

• Overall website traffic for exchanges increased by 32% in November.
• Crypto.com saw a significant 113% increase.

• Coinbase and Upbit also saw strong gains:

  • Coinbase: 85%
  • Upbit: 82%

• Gate.io, OKX, and Bitget experienced declines in traffic:

  • Gate.io: 6% decrease
  • OKX: 4% decrease
  • Bitget: 2% decrease