Ranking of the three major domestic exchanges in the currency circle
Oct 17, 2024 pm 05:57 PMThe ranking of the three major domestic exchanges in China’s currency circle is: Binance: with a market capitalization of approximately US$31.5 billion and a daily trading volume of over US$30 billion; Huobi: with a market capitalization of approximately US$2.5 billion and a daily trading volume of over US$10 billion; OKX: Market capitalization is approximately US$1.5 billion, with daily trading volume exceeding US$5 billion.
Ranking of the three major domestic exchanges in the currency circle
China is one of the largest cryptocurrency markets in the world, with many leading cryptocurrency exchange. The following is the ranking of the three leading exchanges in the currency circle:
1. Binance (Binance)
- Established in 2017
- Market capitalization: approximately US$31.5 billion
- Daily trading volume: over US$30 billion
Binance is the world’s largest cryptocurrency exchange and the exchange with the largest market share in China . It offers a wide range of cryptocurrency trading pairs, low trading fees, and a user-friendly platform.
2. Huobi
- Founded in 2013
- Market value: approximately US$2.5 billion
- Daily Trading Volume: Over $10 Billion
Huobi is another leading Chinese exchange known for its good liquidity and advanced trading features. It offers multiple cryptocurrency trading pairs, futures, and leveraged trading.
3. OKX (OKEx)
- Founded in 2017
- Market value: approximately US$1.5 billion
- Every Daily trading volume: over $5 billion
OKX is another large exchange in the Chinese market, known for its innovative products and user experience. It offers a wide range of cryptocurrency trading pairs, options and spot trading.
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