Kaiko: 98% of total euro trading volume comes from five crypto exchanges

According to a study conducted by analysts at Kaiko in partnership with the Bitvavo exchange, just five cryptocurrency platforms accumulate 98% of the global trading volume in euros. There are more than 15 major crypto exchanges in the world that support the euro, but only a few can boast a significant trading volume denominated in this currency. Bitstamp, Bitvavo, Coinbase, Kraken and the world’s largest crypto exchange Binance dominate. In 2023, Kraken had a cumulative…