- During the first three weeks of July, the daily average spot volume topped $4.5 million, which is a reflection of the increasing trading activity.
- At this time, the exchange provides more than 380 futures pairs in addition to more than 300 spot pairings.
Following the listing of more than 80 new spot trading pairs during the month of July, BTCC, which is one of the cryptocurrency exchanges that has been operational for the longest period of time, documented a 35% rise in the daily average spot trading volume. At this time, the exchange provides more than 380 futures pairs in addition to more than 300 spot pairings.
During the first three weeks of July, the daily average spot volume topped $4.5 million, which is a reflection of the increasing trading activity that was driven by new listings. SPX6900 (SPX), Pudgy Penguins (PENGU), Movement (MOVE), Magic Eden (ME), Useless Coin (USELESS), Vine Coin (VINE), and Zora (ZORA) are some of the pairings that have been introduced. According to BTCC, these pairs were chosen to align with the rising market interest and trading patterns.
The BTCC’s current offers, which include tokens such as MANTA, XRP, BTC, ETH, and SOL, are expanded upon by these listings. Spot trading is led by these tokens. XRP, ETH, BTC, SOL, DOGE, and PENGU are the most active cryptocurrencies in the futures market.
Alex Hung, Head of Operations at BTCC stated:
“We’ve seen tremendous momentum as crypto markets recover, which is why we’ve been rapidly expanding our spot listings since Q2 this year. Our focus has been on bringing the hottest new tokens to our users quickly to give them access to the trading opportunities they’re looking for. The spot market is incredibly dynamic, and we’re making it a key priority in the coming months to drive our continued growth.”
BTCC began Round 6 of its Hot Coins Trading Week promotion at the same time as the listings were being released. The campaign promoted trending tokens such as SPK, PENGU, and PUMP. By delivering rewards that are related to high-activity coins, the campaign is intended to entice users who are already using the platform as well as new users.
The recent growth of BTCC is a reflection of the company’s ongoing commitment to being responsive to market demand and its efforts to provide a diverse range of assets across both spot and futures markets. Listings on the platform now feature a variety of cryptocurrencies, including mainstream cryptocurrencies, DeFi tokens, and burgeoning altcoins.
One of the world’s largest cryptocurrency exchanges, BTCC was established in 2011 and now operates in over one hundred countries and territories. A worldwide audience is the target audience for BTCC, which serves over 9.1 million customers and aims on offering a trading experience that is both safe and dependable.
