The average daily trading volume of FTX US, the US arm of FTX, one of the leading crypto asset trading platforms, increased by 51%.
FTX US said in a press release on Thursday that its average daily trading volume in 2021 increased by 51% in the third quarter compared to the second quarter. On September 7, the platform peaked at $807 million. The number of users in the third quarter also increased by 52% compared to the second quarter.
Competing with Coinbase, the leading US crypto asset trading platform, the platform now accounts for around 4% of the US spot crypto market cap. He has 5 of them. This rate was approximately 2% at the beginning of this quarter.
The platform also talked about the LedgerX acquisition, saying that the acquisition offers them a unique advantage in shaping the derivatives market in the US:
FTX US also reiterated the platform’s perspective on crypto-asset regulation, which has been one of the most important agenda items of recent times. FTX USA President Brett Harrison said in a statement on the subject that they plan to stay in constant communication with regulatory authorities and hope to have an important place in policies regarding the regulation of crypto assets in the USA.