homepostsWhich Crypto has most volume?

Which Crypto has most volume?

Kevin VoigtNov 15, 2021

Binance

#NameVolume(24h)
1Binance 1$49,758,937,712 32.17%
2Huobi Global 2$16,527,671,216 43.23%
3Coinbase Pro 3$7,307,667,544 34.65%
4Kraken 4$3,094,266,099 37.89%

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Likewise, people ask, what volume means in Crypto?

The volume of a particular Cryptocurrency found on a Coin Prices Index page is simply the total amount of coins traded in the last 24 hours. The volume of a coin seen on a particular Exchange is the total volume of this coin in this Exchange only, unless it says otherwise.

Similarly, what does high volume mean in Crypto? Essentially, volume underscores how many people are buying and selling the coin. If the price of Bitcoin goes up and it shows a hefty volume, that tells us lots of people are making moves. Thus, it will likely keep going up.

Also, which crypto coins are worth money?

We've factored this into our consideration, but there are other reasons why a digital token may be included in the list, as well.

  • Ethereum (ETH) ...
  • Litecoin (LTC) ...
  • Cardano (ADA) ...
  • Polkadot (DOT) ...
  • Bitcoin Cash (BCH) ...
  • Stellar (XLM) ...
  • Chainlink. ...
  • Binance Coin (BNB)

Why is Binance banned in the US?

Binance said in an earlier statement Thursday that it blocks U.S. residents from its website and uses advanced technology to analyze deposits and withdrawals for signs of illicit transactions. Binance takes its compliance obligations “very seriously,” the company said. The CFTC declined to comment.

What is 24 hour volume crypto?

A cryptocurrency's trading volume is the number of coins that have exchanged hands during a defined period of time, usually 24 hours. In other words, the 24-hour trading volume of a cryptocurrency is how much value of a coin has been bought and sold over the course of a day.

How do you read volume on Crypto?

Why is Bitcoin volume so high?

Generally, Bitcoin's tremendous trading volume indicates that the asset is competing against established companies like Apple and Alphabet. As a result, most crypto advocates consider Bitcoin as a haven and it can remain stable during a stock market meltdown.

Is high volume good for Crypto?

That doesn't mean a panic seller won't trigger your buy order on a low-volume exchange, but more often than not, your best bet is to be on a high-volume exchange with a reasonably placed buy order. So high volume allows for easier inter-conversion between different cryptocurrencies, fiat money, and other assets.

Why is Bitcoin volume so low?

Bitcoin's extended bout of sideways trading has caused the cryptocurrency to see historically low volatility levels. In the past, bouts with volatility this low tend to be followed by massive movements that set the tone for which direction the cryptocurrency will trend in the days and weeks ahead.

Does crypto volume affect price?

Volume is such an important metric when analyzing cryptos and it can help you in showing a coin's direction. ... volume underscores how many people are buying and selling the coin. If the price of Bitcoin goes up and it shows a hefty volume, that tells us lots of people are making moves. Thus, it will likely keep going up.

Which Bitcoin exchange has the most volume?

Top crypto exchanges

Exchanges24h trade volumeMarkets
1 Binance$ 49.50 billion861
2 Huobi Global$ 16.52 billion740
3 Upbit$ 16.47 billion219
4 ZB Global$ 12.55 billion47

What crypto should I buy 2020?

5 Crypto Coins to Buy Next Year

  • Ethereum. Ethereum is based on a popular dApp processing platform, which is exactly where it derives its power from. ...
  • Bitcoin. The list of the most promising cryptocurrencies would be incomplete without Bitcoin. ...
  • Litecoin. ...
  • Ripple. ...
  • NEO.

What crypto is worth more than Bitcoin?

Ethereum is the most commonly used blockchain with the second-largest market cap, right after Bitcoin. Ether is the native coin of this decentralized open-source blockchain.

What's the best crypto to buy right now?

  • These are seven of the best cryptos on the market. It has been over a decade since the mysterious Satoshi Nakamoto created Bitcoin, the first and by far most popular form of cryptocurrency in the world. ...
  • Bitcoin (BTC) ...
  • Bitcoin Cash (BCH) ...
  • Cosmos (ATOM) ...
  • Dogecoin (DOGE) ...
  • Ethereum (ETH) ...
  • Compound (COMP) ...
  • Polkadot (DOT)
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About The Author

Kevin Voigt

Kevin is an Entrepreneur, Digital Nomad, Student, and ICO Marketing Manager currently based in Berlin & Champaign. He is actively involved in the Blockchain space and has worked in numerous projects in the Silicon Valley since 2017. His interests revolve around Finance, Consulting, and Blockchain Research.

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