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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Please do your own due diligence and rating before making any investments and consult your financial advisor. We believe that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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The post This is the HOTTEST Crypto Sector Right Now! #shorts appeared first on Top Crypto Game.

Decentralized exchanges (DEXs) now have their highest-ever trading volume ratio compared to centralized exchanges (CEXs).

On July 29, Uniswap founder Hayden Adams highlighted this achievement, noting that “DEX market share is at an all-time high relative to CEX.”

Adams referenced a chart from The Block showing that DEX trading volumes have been rising since the start of this year.

This trend correlates with a broader bullish market, driven by the US Securities and Exchange Commission’s (SEC) approval of spot exchange-traded funds (ETFs) for major digital assets, including Bitcoin and Ethereum.

Notably, the growth in DEX activity also comes during increased institutional and political interest in the crypto market, especially as the US election approaches.

DEX volume rising

The above confirms findings from CoinGecko’s recently released second-quarter report, which shows a significant shift in crypto trading patterns. The data indicates a decline in spot trading volume on centralized exchanges, while DEXs have experienced a notable increase.

During the second quarter, trading volume on the top 10 DEXs surged 15.7% from the previous quarter, reaching $370.7 billion. This growth is largely attributed to a rise in memecoins and a flurry of airdrops during this period.

Uniswap remained the leading DEX, commanding 48% of the market share by the end of June. New entrants like Thruster and Aerodrome also saw substantial growth, challenging established players in the lower tier of the DEX market.

Conversely, centralized exchanges saw a 12.2% drop in spot trading volume, totaling $3.4 trillion for the quarter. Despite this decline, Binance continued to lead the market with a 45% share, while other exchanges such as Bybit, Gate.io, Bitget, and HTX performed well.

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The post DEX market share reaches ATH as CEXs face shrinking volume appeared first on Top Crypto Game.

The post Bullish sign for Ethereum as exchange balances drop appeared first on Top Crypto Game.

While we agree with others in crypto who say don’t leave your coins on central exchanges, that doesn’t mean the exchanges themselves are bad. In fact, many offer lots of great services with the convenience of being in the same place they trade their fiat for crypto. Check out our top 4 picks in this video for where we would open an exchange account no matter where you live. Even in the US.

TIMESTAMPS
0:00 Crypto Market and Bitcoin Update
3:17 MEXC
6:04 Binance
8:09 Crypto.com
12:37 KuCoin

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DISCLAIMER
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

#MEXC #Binance #crypto.com

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The post Top 4 Best Crypto Exchanges in 2022!! Ultimate Review appeared first on Top Crypto Game.