Coinbase International's trading volume surged to a weekly high of $119 billion, marking a 124% increase from the previous week. The daily average volume reached nearly $20 billion, up 164% compared to the prior week. The top five trading pairs, including perpetual futures for BTC, ETH, SOL, XRP, and DOGE, made up 99.8% of the total volume, with BTC-PERP accounting for 57% and ETH-PERP for 34%. This surge follows strategic expansions into European and Australian markets, the launch of spot markets, and an increase in leverage from 10x to 20x, signaling significant growth for Coinbase International in 2024. What is your favourite crypto exchange? Source: The Block
