According to The Block’s Data Dashboard, crypto exchanges have set a new record in May, as they’ve registered over $2 trillion in volume!
This represents the fourth consecutive month in which exchanges have registered over $1 trillion in volume.
Binance stays on top of the crypto-to-crypto exchanges (its main exchange doesn’t offer the possibility of trading with USD). Binance has registered almost $1.5 trillion worth of trading volume.
Meanwhile, Coinbase is the top fiat-to-crypto exchange, as it registered over $198 billion worth of trading volume.
Source: TheBlockCrypto.com