CoinGecko reports top CEXs, Kucoin falls out of top 10
The world’s largest independent cryptocurrency data aggregator, CoinGecko, shared its 2023 Q3 Crypto Industry Report, highlighting the updated ranking for top centralized exchanges (CEXs). While Binance leads, KuCoin, the self-proclaimed “people’s exchange,” was edged out of the previous top 10 rankings. Binance still leads According to the Oct. 26 tweet, the top 10 CEXs by trading volume include Binance with a report ed 43.9 percent of total volume, Upbit with 11.5 percent, HTX with 7.8 percent and Coinbase at 6.8 percent. Top 10 CEX by Trading Volume 1. #Binance – 43.9% 2. #Upbit – 11.5% 3. #HTX – 7.8% 4. #Coinbase – 6.8% 5. #Bybit – 6.7% 6. #OKX – 6.0% 7. #MEXC – 5.0% 8. #Gateio – 4.7% 9. #Bitget – 3.9% 10. #Kraken – 3.8% — CoinGecko (@coingecko) October 26, 2023 Despite Binance continuing to lead the DEX rankings in the interim, it is worth noting that the exchange has a number of hurdl...