The indicator increased 338% compared to the previous year’s results.
Futures trading volume for the two most-capitalized cryptocurrencies, Bitcoin and Ethereum, will exceed $32 trillion in 2021. This is the conclusion reached by analysts of The Block.
- Analysts pay attention to the fact that the indicator increased by 338%, compared to the results of 2020. A year earlier, the trading volume of Bitcoin and Ethereum futures transactions reached $ 7 trillion.
- The most active month for users of financial instruments based on the two most-capitalized cryptocurrencies is May.
- Most futures transactions on Bitcoin and Ethereum are carried out by market participants on Binance. Other popular trading platforms are Okex, Bybit, FTX, Bitget and Huobi.
Read also: Centralized crypto exchange in 2021 updates trading volume records
We will remind, earlier on the network there was information that the crypto exchange Coinbase is planning to start trading futures in the United States.