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2019 Cryptocurrency Spot Exchange Industry Annual Report
TokenInsight Research 02-Mar
ExchangeAnnual ReportSpot Trading
  1. $13.8 trillion: annual spot exchanges trading volume
  2. 48.29%: BTC trading volume
  3. Twice: the total trading volume of ETH is twice that of EOS
  4. 0.78: Correlation between spot trading volume and BTC price trend
  5. 82%: The top 40 exchanges ranked by total annual trading volume accounted for 82% of the entire trading market (254 exchanges); the rankings of exchanges changes a lot within the year, and the wash trading amount still cannot be underestimated.
  6. 18%: of 227 exchanges surveyed support USD deposits
  7. 0.01%: The trading volume of decentralized exchanges only accounts for 0.01% of the entire market, and the industry as a whole is still under developed.
  8. 12 Countries/Regions: have a positive attitude towards digital assets
  9. 28%: Following a 28% decline in trading volume in the fourth quarter, the market is forecast to continue to be depressed, and the spot exchange industry may continue to be under pressure.
  10. In the fourth quarter of 2019, the top three exchanges with independent visitors were Binance, Coinbase Pro, and Upbit. The United States, South Korea, and Russia are the three countries with the most significant monthly average number of independent users on industry-wide exchanges.
  11. The layout of the exchange industry is targeted at the United States and Europe; various types of fiat currencies also have access to gold in market segment exchanges, and the threshold for digital asset allocation has significantly reduced in 2019.
  12. Benefiting from exchanges' product characteristics, especially its profit model, exchange-based tokens have relatively dazzling performance in 2019. Still, the value will return in the second half of the year. If the mainstream digital assets such as BTC cannot open a new round of bull market in 2020, exchange-based tokens may continue to decline due to the shrinkage.
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ExchangeAnnual ReportSpot Trading
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