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Benzinga
Benzinga
Business
Chris Katje

FTX Passes Coinbase For Transaction Volume In May: Report

Coinbase FTX Cryptocurrency Bitcoin Crypto Binance Decrypt

Many cryptocurrency exchanges compete for new users and trading volume from active traders. The month of May saw a change in who led the way for the trading volume of the most valuable and most well-known cryptocurrency.

What Happened: The month of May saw Coinbase Global Inc (NASDAQ:COIN) fall behind rival FTX in the trading volume of Bitcoin (CRYPTO: BTC) for the first time ever, according to a report from Kaiko, reported by Decrypt.

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