There has been a lot of talk about Ethereum lately, and how the addition of Ether to BitFinex would shake up the exchange scene. As it turns out, very little has changed so far, although Bitfinex has overtaken BitTrex regarding trading volume by quite a margin. But the top three Ethereum exchanges remained unchanged, with Poloniex still leading the charge.
Also read: Altcoin Platform CoinExchange Now In Public Beta Bitfinex Impact on Ethereum Trading Volume
When the news broke regarding Bitfinex adding Ethereum to their exchange – which was greeted with both joy and dismay at the same time – a few people expected this exchange to overtake some of its major competitors fairly quickly. Even though Bitfinex is still not in the top three, they are catching up slowly, and have overtaken BitTrex in trading volume already.
Overtaking BitTrex is a big step, though, as this altcoin exchange has been a valuable addition to Ethereum traders for quite some time now. To this very day, this platform generates close to 2,000 Bitcoin worth of ETH trading volume every 24 hours, which is not bad at all. However, they are now in fifth place on the CryptoCompare charts , as Bitfinex outpaced them by quite a margin already.
So far, there has been slightly over 4,380 Bitcoin in ETH trading volume on BitFinex in the past 24 hours. Although that is a very respectable amount, they still have quite the battle ahead to catch up to Gatecoin, who are sitting at close to 6,500 BTC in 24-hour trading volume. Oddly enough, hardly anyone ever mentions this exchange when talking about Ethereum.
The top two remained unchanged as well, as Kraken is sitting in second place with quite a lead over Gatecoin. In the past 24 hours, over 17,340 Bitcoin has […]
