In a shift within the cryptocurrency exchange landscape, HTX has surpassed Coinbase in spot trading volumes for the first time.
This milestone was announced by Justin Sun, the founder of the TRON blockchain and a global advisor for HTX, via a post on the social media platform X on May 27.Sun outlined the significant milestone, affirming that HTX has surpassed Coinbase in spot trading volume for the first time. He expressed confidence in the trajectory, emphasizing that this achievement marks only the platform’s initial stages of growth., HTX presently manages around $2.
Coinbase, a leading U.S.-based exchange, oversees approximately $2 billion in daily spot trading volumes, placing it behind HTX and Bitrue. HTX, formerly known as Huobi, is one of the oldest and largest cryptocurrency exchanges worldwide. In September 2023, the platformto donate all Slerf trading revenue on HTX Global. This philanthropic initiative aimed to compensate private sale participants and support Slerf’s trading fee mining on HTX.Meanwhile, Justin Sun’s active involvement with HTX has been a topic of discussion in the crypto community. Recently, he disclosed his personal HTX wallet holdings on X.
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HTX crypto exchange overtakes Coinbase in trading volumesCoinbase has tumbled in volume exchange rankings, giving way to Justin Sun-linked HTX cryptocurrency exchange, formerly Huobi.
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