Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: sirty143 on April 27, 2020, 12:42:27 PM

Title: $8.8 Trillion Traded in Cryptocurrency Spot and Futures Markets in Q1: Reports
Post by: sirty143 on April 27, 2020, 12:42:27 PM
$8.8 Trillion Traded in Cryptocurrency Spot and Futures Markets in Q1: Reports

(https://i.imgur.com/kFvJ8FXl.jpg)

The combined total trading volume in the cryptocurrency spot and futures markets amounted to approximately $8.8 trillion in the first quarter, according to two new industry reports. The amounts represent a massive 314% quarterly increase for futures trading... See more for yourself here (https://news.bitcoin.com/trillion-traded-cryptocurrency-spot-futures-markets/).

Your opinion is greatly appreciated.
Title: Re: $8.8 Trillion Traded in Cryptocurrency Spot and Futures Markets in Q1: Reports
Post by: masterrex on April 28, 2020, 05:13:58 PM
Wow, that was a huge sum of money, $8.8 trillion is not a joke how is that possible when the Market Cap of the Entire Crypto Industry was only $200+ Billion can someone educate me further I'm confused with that data?
Title: Re: $8.8 Trillion Traded in Cryptocurrency Spot and Futures Markets in Q1: Reports
Post by: edmundo on April 30, 2020, 08:33:12 PM
Futures trading has been one aspect of cryptocurrency trading that has continue to receive massive amounts of interest. Not only has it seen more trade activities and interest from investors, more traders have taken to its futures trading across platforms like koinpro which offers 100x leverage and demo trading services, others like binance, kucoin have all witness surges in trades, showing massive interests. Over the turn of the year interest in futures and CFDs Trading has grown by a massive 400%. Once the world returns back to normal, I forsee more participation in Bitcoin investments.
Title: Re: $8.8 Trillion Traded in Cryptocurrency Spot and Futures Markets in Q1: Reports
Post by: abdmuiz on May 02, 2020, 08:52:02 AM
crypto industry more and more interested in people. what else in 2020 kiripto prove this market is very resistant to current market shocks