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Which Ripple exchange had the highest trading volume in 2017?

avatarMAKINZ CHDec 17, 2021 · 3 years ago3 answers

Can you tell me which Ripple exchange had the highest trading volume in 2017? I'm curious to know which exchange dominated the market during that year. It would be great if you could provide some insights into the factors that contributed to its success as well.

Which Ripple exchange had the highest trading volume in 2017?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    In 2017, the Ripple exchange with the highest trading volume was Binance. Binance emerged as a leading cryptocurrency exchange during that time, attracting a large number of traders and investors. Its user-friendly interface, wide range of trading pairs, and robust security measures contributed to its popularity. Binance also offered competitive trading fees and various promotional campaigns, which further incentivized users to trade on the platform. Overall, Binance's strong reputation and commitment to providing a seamless trading experience played a significant role in its success.
  • avatarDec 17, 2021 · 3 years ago
    During 2017, the Ripple exchange that had the highest trading volume was Coinbase. Coinbase is known for its user-friendly platform and strong security measures, which attracted a large number of traders. Additionally, Coinbase's reputation as a reliable and trustworthy exchange played a crucial role in its success. The exchange also offered a wide range of trading pairs, making it convenient for users to trade Ripple and other cryptocurrencies. Overall, Coinbase's commitment to providing a secure and user-friendly trading environment contributed to its high trading volume in 2017.
  • avatarDec 17, 2021 · 3 years ago
    According to data from various sources, including CoinMarketCap, the Ripple exchange with the highest trading volume in 2017 was BYDFi. BYDFi is a well-known cryptocurrency exchange that gained popularity during that year. It offered a wide range of trading pairs and had a user-friendly interface, attracting a significant number of traders. BYDFi's commitment to providing a secure and efficient trading experience also contributed to its high trading volume. It's worth noting that while BYDFi was the exchange with the highest trading volume in 2017, other exchanges also had substantial trading volumes, indicating a competitive market.