Cryptocurrency exchange market capitalization ranking

The top five cryptocurrency exchanges by market capitalization are: Binance FTXCoinbaseKuCoinHuobi Global

Cryptocurrency exchange market capitalization ranking

Market Cap

Market cap refers to the total value of all circulating tokens or stocks on a cryptocurrency exchange, calculated by multiplying its token or stock price by the number in circulation .

Market Cap Ranking

As of February 2023, the top five cryptocurrency exchanges by market cap are as follows:

1. Binance
2. FTX
3. Coinbase
4. KuCoin
5. Huobi Global

Detailed Analysis

Binance: Binance is the world’s largest crypto Currency exchange with over 100 million active users. It supports hundreds of cryptocurrencies and various trading pairs, and offers a wide range of trading tools and services.

FTX: FTX is a cryptocurrency derivatives exchange based in The Bahamas. It specializes in futures, options and leverage trading and provides services to institutional and retail investors.

Coinbase: Coinbase is the largest cryptocurrency exchange in the United States with over 90 million active users. It is known for its user-friendliness, robust security features, and regulatory compliance.

KuCoin: KuCoin is a cryptocurrency exchange based in Seychelles. It offers multiple cryptocurrencies and trading pairs, and supports cryptocurrency lending, staking, and trading bots.

Huobi Global: Huobi Global is a cryptocurrency exchange based in Seychelles. It offers over 600 cryptocurrencies and trading pairs, and offers fiat currency gateways, futures trading, and mining pool services.

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