The first cryptocurrency trading volumes account for almost 75% of the total amount of transactions on the American platform for professional investors
75% of all trading volumes on the Coinbase Pro exchange are in Bitcoin. This indicator is affected by the fact that there are 50 trading pairs on the site, 15 of which (about 30%) include the first cryptocurrency, according to the information portal Coinmarketcap.
Over the past 24 hours, the amount of transactions on the platform amounted to $ 480 million, of which $ 284 million came from BTC / USD, and ETH / USD – 11 times less, about $ 25 million. At Coinbase Pro, the total trading volume with the largest altcoin by capitalization is 8 , 8%, Litecoin – 7.5%, XRP and Bitcoin Cash – 2.4%. All remaining digital assets account for 3.9% of trading volumes.
Yesterday, August 6, Coinbase announced plans to add eight new cryptocurrencies. The company promised to conduct a detailed analysis of tokens such as Algorand, ATOM, Dash, Decred, Matic Network, Harmony, Ontology, Waves. Exchange executives emphasized that they would like to provide their customers with 90% of the total market capitalization of all digital money.