Coinbase spot trading volume falls by 52% compared to 2022: Report

According to the report, the brand-new numbers are the least expensive theyve ever been given that before Coinbase got noted on the Nasdaq Stock Market in 2021, which was also months before the prices of crypto were at their peak.Crypto exchange Coinbase spot trading volume in billions of dollars. Source: BloombergDespite the decline in its area trading volume, the report noted that Coinbase gained market share in the last quarter as crypto exchange Binance came under increased examination from regulators.On Oct. 6, crypto exchange Binances spot market share dropped for the seventh successive month. The trading volume lost has apparently been gotten by rival exchanges such as Coinbase, Bybit and DigiFinex.Related: OKX officer says KYC will raise the bar, bring real capital into crypto: Blockchain Economy Dubai 2023Despite the decreasing trade volumes and market shares for crypto exchanges, some crypto trading platforms have actually had success in terms of website traffic.