Bullish Exchange Surpasses Coinbase in Bitcoin and Ethereum Trading Volumes in the US

IconCryptoNewsTerminal Staff24 Jul, 2024

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Bullish Exchange Surpasses Coinbase in Bitcoin and Ethereum Trading Volumes in the US

Bullish, a cryptocurrency exchange developed by Block.one, the creator of EOS, has surpassed Coinbase in Bitcoin and Ethereum trading volumes in the United States. According to a report by on-chain analytics firm Kaiko, Bullish has been steadily increasing its market share in the US, particularly after Binance.US lost its license in several states. Bullish exchange has been gaining popularity due to its user-friendly interface, low fees, and advanced trading features. The exchange also offers a variety of cryptocurrency pairs, including Bitcoin, Ethereum, EOS, and USDC. While Coinbase remains the largest cryptocurrency exchange in the US, Bullish's recent surge in trading volumes suggests that it is quickly becoming a major player in the market. The exchange's success is a testament to the growing demand for cryptocurrency trading in the US and the increasing competition among cryptocurrency exchanges.