TechFlow reports on July 13 that TokenInsight released its Q2 2023 Exchange Quarterly Report, revealing that the top four exchanges by trading volume were Binance, OKX, Bybit, and Bitget, collectively holding over 85% of the total market share. OKX and Bitget saw the largest gains, increasing their shares by 1.9% and 1.8%, respectively.
In Q2 spot trading data, OKX and Coinbase both experienced slight increases in spot trading share, while Bitget's market share showed significant growth—doubling from 2% at the beginning of 2023 to 6% in Q2.
Derivatives trading data shows Binance firmly in first place, followed by OKX in second, with Bybit and Bitget ranking third and fourth, respectively.
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