Singapore and Hong Kong CoinBene Bit-Z topped the ranking on CoinMarketCap daily trading volume, surpassing much better known trading platforms OKEx, Binance, Huobi and Bitfinex.
According to popular Analytics service, daily volumes of trading on the CoinBene and Bit-Z are 1.99 and $ 1.5 billion respectively. The most popular asset at both sites is second in terms of capitalization cryptocurrency Ethereum.
Known for the cryptocurrency market is highly characterized by rapidly changing market conditions. To shift the balance of power among the key players has been noticed by many users of social networks.
Data shows that 24-hour trading volume on Singapore-based CoinBene is now almost $2 billion, while on Hong Kong’s Bit-Z the figure is close to $1.5 billion – both well ahead of the $1 billion in volume posted by the previous leader, Binance.
— Crypto. / / Will accept minions & followers (@BrianChillenman) 26 June 2018 R.
… some even thought that the bug service CoinMarketCap:
Would someone care to explain to me why CoinBene is trading over $400m worth or Ethereum today? Or is this a bug? pic.twitter.com/biHo1GCLs1
— The Crypto Ruler (@TheCryptoRuler) on 24 June 2018 R.
However, these other analytical services confirm the dominant position of new leaders in the industry. At the same time, the data service CoinGecko indicate a much higher daily trading volume. So, on this service indicated that in the last 24 hours, the trading turnover on the stock exchange Bit-Z has exceeded $5 billion.
We will remind, recently the analytical resource CoinMarketCap recorded a trading volume of $58 million for non-functioning exchange BTCC.