Weekly trading volume was up 124% from the previous week.
Last week, #Coinbase International's total trading volume exceeded $119 billion, and the average daily trading volume was nearly $20 billion.
This week's weekly trading volume was up 124% from the previous week, and this week's average daily trading volume was 164% from the previous week.
In comparison, in November, Coinbase International's trading volume averaged just $2.5 billion per day; in December, the exchange's trading volume reached nearly $10 billion per day.
Including perpetual futures on #BTC , #ETH , SOL, XRP and DOGE The top five Coinbase International trading pairs accounted for 99.8% of the exchange's total trading volume this week, with BTC-PERP accounting for 57% of total trading volume and ETH-PERP for 34%.
the dominance of BTC and ETH trading pairs on the exchange is due to the fact that individual
Coinbase International's growth comes after several key expansion strategies implemented by the platform in recent months, including: expansion into Europe Coinbase proactively responded to the European Union's Market for Cryptoassets (MiCA) regulator, doubled the platform's maximum leverage
from 10x to 20x, and introduced a new platform
International.
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