According to a report from CCData, Crypto.com has increased its share of the centralized crypto exchange market in 2024, while Binance and OKX saw declines. Binance, Bybit, and Coinbase led in spot trading volume in December but collectively accounted for a slightly lower percentage of total volume compared to November. The centralized exchange market ended 2024 with a record annual trading volume of $75.8 trillion. Analysts predict further market shifts, with Crypto.com, Coinbase, and Bitget poised for growth while Binance and OKX face increased competition. The report also highlights the growth of derivatives trading and the increasing institutional adoption and demand for risk management tools in the crypto market.



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