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February CEX Data Report: Significant Decline in Trading Volume Across Major CEXs - Spot Down 21%, Derivatives Down 15%, Website Traffic Down 20%

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Author | WuBlockchain In February 2025, the spot trading volume of major CEXs decreased by 21% compared to January. The top three CEXs in terms of change rate were Bitfinex +14%, MEXC +3%, and Bitget -15%. The bottom three CEXs were Upbit -46%, Crypto.com -29%, and Kraken -27%. The derivatives trading volume of major CEXs in February decreased by 17% compared to January. The top three CEXs in terms of change rate were MEXC +7%, Gate +4%, and HTX -13%. The bottom three CEXs were Crypto.com -27%, Kraken -26%, and KuCoin -25%. The website traffic of major CEXs in February decreased by 20% compared to January. The top three CEXs in terms of change rate were HTX +45%, OKX +15%, and Bitget +6%. The bottom three CEXs were KuCoin -62%, Upbit -35%, and Coinbase -29%. Note: These data points may be influenced by wash trading or bot activity. Spot and derivatives data were sourced from CoinGecko, while website traffic data was obtained from Similarweb. Follow us Twitter: https://twitter.com/WuBlo...

Spot Trading – How Does It Work And Is It Profitable?

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Cryptocurrency assets have begun to show up in many asset managers’ portfolios and trading strategies, indicating that since their introduction, the market has adopted cryptocurrencies with great speed. Cryptocurrency trading is the act of buying and selling virtual currencies for financial gain. Cryptocurrency trading may be characterised by its goal, method of operation, and strategy. For instance, the aim of cryptocurrency trading is the asset being traded, or cryptocurrency. The sort of transaction that occurs on the market, such as futures, options, or everlasting contracts, determines how cryptocurrencies are exchanged. This post will cover the definition of Spot trading , signals for cryptocurrency Spot trading , how to execute Spot trading and associated hazards. What Is Cryptocurrency Spot Trading & How Does It Work? Purchasing and selling digital currencies and tokens at the going rate is known as spot trading in the cryptocurrency space. To make a trading profit...