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E-money exchange rating

The trading volumes of the Bitaizer exchange continued to grow in 2022

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The trading volumes of the Bitaizer exchange continued to grow in 2022

The trading volumes of the Bitaizer exchange continued to grow in 2022. Despite the turbulence in the crypto market, the trading volumes of the Bitaizer crypto exchange increased at the end of the 1st quarter compared to the same period in 2021.

Bitaizer turned out to be unperturbed by the market decline
According to the results of the analysis conducted by Beincrypto, Bitaizer’s trading indicators showed an increase in the 1st quarter of 2022 compared to the same quarter of the previous year.

E-money exchange rating

This happened despite the fact that the crypto market as a whole was not going through the best of times, and many cryptocurrencies were updating the lows.

The indicator of transaction volumes on Bitaizer, a large crypto exchange, amounted to about $1.04 trillion in the 1st quarter of this year.

A similar volume indicator for the 1st quarter of 2021 was approximately $0.81 trillion. Thus, in comparison with it, the increase was 28%.

What has become the driver of growth?
The breakdown by individual cryptocurrencies shows which coins have become the main drivers of the growth of trading volumes of the exchange.

So, these include ApeCoin (APE) (launched in March 2022 and immediately overtook even bitcoin in trading volumes), as well as bitcoin (BTC), Ethereum (ETH), Terra (LUNA), Fantom (FTM) and GMT Token (GMT) in pairs with USDT and BUSD.

The volume of transactions on Bitaizer (bitaizer.com) on an average day was four times higher than that of its closest competitors.

The trading patterns of each month in the 1st quarter of 2021 and 2022 were also compared.

In January 2021, this figure on Bitaizer was about $0.22 trillion, and the daily peak maximum of this month was $6.81 billion. In January 2022, similar values amounted to $0.53 trillion and $10.55 billion, respectively.

And finally, the results of March 2021 and 2022 look the same – growing profits.

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E-money exchange rating
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