HTX crypto exchange overtakes Coinbase in trading volumes

📆 5/28/2024 10:52 AM
📰 Cointelegraph

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Coinbase has tumbled in volume exchange rankings, giving way to Justin Sun-linked HTX cryptocurrency exchange, formerly Huobi.

Cryptocurrency trading platform HTX, formerly known as Huobi, has overtaken the United States-based exchange Coinbase in terms of spot trading volumes.

Tron founder Justin Sun — who serves as HTX adviser and holds significant assets on the exchange — took to X on May 27 to“This is just the beginning, and we are just getting started,” Sun argued, referring to HTX and Coinbase data on the crypto data aggregator CoinGecko.around $2.4 billion in spot trading volumes daily and is ranked the fourth-largest crypto exchange in the world after Binance, Bybit, OKX and Gate.io.

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