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Trading Volumes to Increase by 50% in 2019, Study Says

Published 09/26/2018, 11:56 AM
Updated 09/26/2018, 01:00 PM
 Trading Volumes to Increase by 50% in 2019, Study Says

A report published on Bloomberg and conducted by ICO advisory company Satis Group reveals that cryptocurrencies as a whole will experience a 50-percent jump in trading volumes in 2019. In addition to this, Satis predicts that cryptocurrencies will continue to grow at a compound annual growth rate (CAGR) of 9% all the way through 2028.

Unfortunately, the study did not provide a clear methodology to show how it came up to this conclusion. However, its snapshot of current trading volumes and how it takes them apart helps us understand how exchanges are faring in the modern cryptocurrency world.

Eyeing the exchange market

Unsurprisingly, the share of decentralized exchanges (DEXs) in the overall digital asset market is rough...


This article appeared first on Cryptovest

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