Trading volumes on the stock exchanges Coinbase and Bitstamp have decreased more than 70%
The largest American cryptocurrency exchange Coinbase has faced severe competition from Asian counterparts — Binance and OKEx. Trading volumes on the platform Coinbase dipped significantly since the beginning of 2018, while the dynamics of the Binance and OKEx remains stable, and sometimes positive.
From January to July, the trade volume on Coinbase dropped 83%, Bitstamp — 73%. At the same time, from June to July, the volume of trade on Binance grew by 21%, and OKEx last month set a new record.