South Korean cryptocurrency exchange Upbit overtook both Coinbase (NASDAQ:COIN) and OKX in terms of spot trading volume in July for the first time, according to data published on Aug. 3 from CCData.
Spot trading volume on Upbit rose in the month of July by 42.3%, up to $29.8 billion. Coinbase and OKX, on the other hand, saw their own volumes fall by 11.6% and 5.75%, bringing them in at $28.6 billion and $29.0 billion, respectively.
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