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PRESS RELEASE
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This press release was provided by a third party. Arkania Media is not responsible for the content, accuracy, or claims made within this release. Readers should verify facts independently and consider this information for general purposes only.
Bitvavo has once again solidified its position as the largest EUR spot exchange globally, according to the newly published 2024 report by Kaiko, the renowned provider of market data and analytics in the crypto sector. The report, which covers the first 11 months of this year, shows that the Amsterdam based Crypto exchange accounts for half of the trading volume in euros worldwide.
Bitvavo accounts for half the market volume
Bitvavo achieved a market share of nearly 50% in EUR-denominated trading volumes, confirming its role as the leading player in the European crypto market. Bitvavo outpaced global exchanges such as Kraken, Coinbase, and Binance, cementing its dominance in a market that saw significant growth in demand for euro-crypto trading in 2024.
Most Euro pairs and deepest liquid EUR spot markets
Bitvavo has - as the report shows - the largest range of digital assets (350+) in EUR-Spot, with the deepest liquid markets of all exchanges. In addition, Bitvavo listed more than 100 new digital assets, more than any other exchange.
Mark Nuvelstijn CEO of Bitvavo is proud of the leading position the platform has in the European crypto market: “We see this performance as a validation of our strategy. Our…