Leading Centralized Exchanges by Weekly Trade Volume: Binance and Crypto.com at the Forefront

These prominent centralized exchanges (CEXs) are at the helm, steering in tandem with the market’s dynamism and the trust they’ve garnered from users worldwide.

At the pinnacle sits Binance, reigning as the apex exchange with $37.2 billion in weekly trades. As the exchange with the highest global user base and trade volume, Binance continues to broaden its service spectrum.

Following behind is Crypto.com, boasting a substantial $14.4 billion in commerce per week. The platform is also distinguishing itself with a robust marketing presence and a suite of offerings that includes digital wallet applications and cryptocurrency-linked debit cards.

The Weekly Trade Volume Rankings Among Other CEXs: ByBit, HTX, OKX

ByBit, known for its exceptional customer support, provides trade contests to engage its community, noting a weekly volume of $13.3 billion.

HTX demonstrates market adaptability and depth with a weekly trading figure of $6.4 billion, credited to strong regional market presence and attractive trade fees.

Upbit, boasting a $5.6 billion trade volume every week, continues to place emphasis on advanced security measures, key to maintaining and attracting trade patronage.

Both OKX and LBank progressively increment their weekly trade stats, observing volumes around $4.9 billion and $4.3 billion, correspondingly. OKX offers a comprehensive range of trading solutions, whereas LBank is exploring avenues to introduce DeFi offerings.

With GATE.io and MEXC engaged in trade at volumes near $4.2 billion each week, it’s evident that competition within the market is fierce. GATE.io gains recognition for its prompt token listing of emerging growth prospects, and MEXC attracts users with its user-friendly trade interface and mobile app compatibility.