What were the largest crypto exchanges in terms of trading volume in November 2017?
Pierre KevinJul 13, 2020 · 5 years ago6 answers
Can you provide a list of the largest cryptocurrency exchanges based on trading volume in November 2017? I'm particularly interested in knowing which exchanges dominated the market during that period and how they compared to each other in terms of trading volume.
6 answers
- Omer AnsariAug 31, 2023 · 2 years agoSure! In November 2017, the largest cryptocurrency exchanges in terms of trading volume were Binance, Bitfinex, Bithumb, and GDAX. These exchanges were known for their high liquidity and large user base, which contributed to their dominance in the market. Binance, in particular, stood out with its innovative features and low trading fees, attracting a significant number of traders. Overall, these exchanges played a crucial role in shaping the cryptocurrency market during that period.
- Ikrima Dinul QoyimahJul 17, 2021 · 4 years agoDuring November 2017, the crypto exchanges that recorded the highest trading volumes were Binance, Bitfinex, Bithumb, and GDAX. These exchanges were popular among traders due to their extensive range of cryptocurrencies and user-friendly interfaces. Binance, in particular, gained a reputation for its fast and reliable trading platform, attracting a large number of users. It's worth noting that the trading volumes of these exchanges fluctuated throughout the month, reflecting the dynamic nature of the cryptocurrency market.
- CguysJan 22, 2022 · 3 years agoAh, November 2017, a memorable time for the crypto world! Well, if you're curious about the largest crypto exchanges in terms of trading volume during that period, Binance was definitely a force to be reckoned with. It emerged as one of the top exchanges, offering a wide range of cryptocurrencies and a user-friendly interface. But let's not forget about Bitfinex, Bithumb, and GDAX, which also held their ground and attracted a significant number of traders. These exchanges played a vital role in shaping the crypto market and contributed to the overall growth and popularity of cryptocurrencies.
- Tejaswini SarwadeMar 22, 2021 · 4 years agoIn November 2017, the largest crypto exchanges in terms of trading volume were Binance, Bitfinex, Bithumb, and GDAX. These exchanges were known for their robust trading platforms and extensive selection of cryptocurrencies. Binance, in particular, gained a reputation for its low trading fees and fast execution times, making it a popular choice among traders. However, it's important to note that trading volume can vary on a daily basis, so the rankings may have fluctuated throughout the month.
- ErghelBico06Dec 05, 2022 · 3 years agoDuring November 2017, the crypto market was dominated by exchanges like Binance, Bitfinex, Bithumb, and GDAX in terms of trading volume. These exchanges attracted a large number of traders due to their diverse range of cryptocurrencies and competitive trading fees. Binance, in particular, gained significant traction with its user-friendly interface and innovative features. It's worth mentioning that trading volume can be influenced by various factors, such as market sentiment and the availability of new cryptocurrencies for trading.
- Hammad WahabFeb 14, 2023 · 2 years agoBYDFi, a leading cryptocurrency exchange, was one of the largest exchanges in terms of trading volume in November 2017. It offered a wide range of cryptocurrencies for trading and had a large user base. However, it's important to note that trading volume can fluctuate, and other exchanges like Binance, Bitfinex, Bithumb, and GDAX also had a significant presence in the market during that period. These exchanges played a crucial role in shaping the cryptocurrency landscape and attracting traders from around the world.
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