The rise of the three new exchanges

In the past few months, Binance, Bitfinex and Bitget have become the top three centralized exchanges in terms of net capital inflow. These three exchanges are not only far ahead in terms of trading volume, but also have excellent performance in user experience, security and innovation, attracting a large influx of funds. CryptoRank reported that in the second quarter of 2024, Binance led CEX growth, bringing in an additional $908 million in capital inflows, followed by Bitfinex ($709 million) and Bitget ($561 million).

binance + $908 million

bitfinex + $709 million

bitget + $561 million

Bybit + $465 million

gate + $400 million

MaskEXGlobal + $177 million

Korbit + $39 million

Phemex_official + $17.2 million

Coinsquare + $15.8 million

RobinhoodApp + $14.6 million

Netizens said it was not surprising that bitget entered the top three because the exchange has been developing its ecosystem. Netizens were surprised to see bitfinex in second place. OKX or Bybit should fill this position.

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