🚀 Cryptocurrency spot trading volume increased in January with the approval of Bitcoin ETFs in the US! 📈 While Binance, as the largest exchange, experienced an increase in transaction volume, OKX, which ranked 2nd, experienced a decrease in transaction volume. According to CCData, spot trading volume increased by 4.45% in January to $1.40 trillion.

- Binance remains the largest cryptocurrency exchange in terms of trading volume. It increased by 2.73% to $473 billion in January.

- Coinbase was the exchange of choice for most US spot Bitcoin ETF participants, with market share rising to 5.42% for the third month in a row.

📉 Derivative transaction volume decreased by 2.79% to 3.25 trillion dollars in January. What do you think could be the reason for this decline? We are waiting your comments! 👇