August 5, 2021

Most of the leading cryptocurrency exchanges in 2016 surrendered their positions for …

Most of the leading cryptocurrency exchanges in 2016 surrendered their positions

Over the past 2 years, not only the composition of the largest cryptocurrencies has undergone major changes, but also the arrangement of the exchanges on which they are traded. Bitcoin.com draws attention to this.

Most of the leading cryptocurrency exchanges in 2016 have surrendered their positions Over the past 2 years have undergone serious ...

Most of the leading cryptocurrency exchanges in 2016 have surrendered their positions Over the past 2 years, they have undergone serious ...

As of August 2016, the leading cryptocurrency exchange, according to Coinmarketcap, was Okcoin.cn with a 24-hour trading volume of $ 440 million. Today it only ranks 184 with a volume of $ 17,000. Then and now, the main cryptocurrencies on the exchange were bitcoin and Litecoin.

The second line in 2016 was occupied by Btctrade, through which about $ 218 million passed per day. At the moment, this exchange is in 50th position with a volume of only $ 21 million. At that time, the main trading pairs on it included Bitcoin and Ybcoin, the Chinese cryptocurrency. gone into oblivion last year. Bitcoin and Ethereum are the most actively traded on Btctrade today.

Most of the leading cryptocurrency exchanges in 2016 have surrendered their positions Over the past 2 years have undergone serious ...

Leading cryptocurrency exchanges. August 2016

Most of the leading cryptocurrency exchanges in 2016 have surrendered their positions Over the past 2 years have undergone serious ...

Of the top ten of 2016, only 2 exchanges were able to remain among the largest trading platforms: Huobi and Kraken. Huobi continues to hold the third position: during this time, its trading volumes grew from $ 165 million to $ 1.2 billion.

This is the list of the leading cryptocurrency exchanges for 2016 and today:

  1. Okcoin.cn (184 now). Today: Binance
  2. Btctrade (50 now). Today: OKEx
  3. Huobi. Today: Huobi
  4. CHBTC (closed). Today: Bitfinex
  5. BTCC (33 now). Today: Upbit
  6. Poloniex (26 now). Today: Bithumb
  7. BTC100 (closed). Today: HitBTC
  8. Btcbox (23 now). Today: Kraken
  9. Itbit (39 now). Today: GDAX
  10. Kraken. Today: Bibox

Thus, not only digital assets are undergoing rapid changes in the cryptocurrency segment, but also infrastructure elements such as cryptocurrency exchanges. The most popular coins as of 2016 included Maidsafe, Nxt, Dogecoin and even The DAO. Today, many will agree that the alignment among the largest trading floors has changed for the better. Whether the same thing happened with cryptocurrencies is another question.

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