Cumulative trading volume on centralized exchanges this year has exceeded 14 trillion dollars.
Centralized exchanges are exchanges where you can buy coins by depositing ordinary dollars or KRW. These are exchanges created by private companies.
These exchanges allow you to trade spot and futures and earn a profit by taking commissions, which is huge.
Exchanges are the most hungry markets as large amounts of money come and go.
The No. 1 centralized exchange is Binance, which accounts for 67% of all exchanges, and it is said that decentralized exchanges surpassed $1 trillion.
