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FTX US sees daily volume, users surge in Q3
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United States crypto exchange FTX US registered a large uptick in trading volumes and investor activity during the third quarter, underscoring heightened retail appetite for digital assets amid the volat bull market.
FTX US saw average daily volume grow 512% for the quarter ending in September, with peak volumes hitting $807 million on Sept. 7, owner West Realm Shire Services said Thursday. The exchange’s userbase also increased by 52% during the third quarter.
By the end of September, FTX US claimed to hold 4.5% of the United States crypto spot market in terms of volume, up from less than 2% at the start of July.
The third quarter was a momentous period for the cryptocurrency market, with assets like Bitcoin (BTC) and Ether (ETH) slowly
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