Bitcoin-exchange trading volumes in September exceeded $169 billion

Cryptocurrency exchanges in The Block’s Real Volume index recorded a total trading turnover of more than $169 billion in September, the edition reported.

Source: The Block.

The Block’s analysts account for trading volumes across 24 exchanges, where turnover was recognised as fully or largely real. By this criterion, a number of well-known platforms were not included in the index, including Huobi, OKEx, Bithumb, Upbit, KuCoin and Coinfloor.

September was the second-busiest month by trading volume in 2020, behind August.

The largest by turnover remains Binance, which accounted for $113 billion during the month, or 66.8% of the total.

Followed by Coinbase with an 8% share and LMAX Digital with 5.7%.

Earlier in September, exceeded $23 billion in trading volume on decentralised exchanges.

Subscribe to ForkLog news on Telegram: ForkLog Feed — the full news feed, ForkLog — the most important news and polls.