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Top 5 Crypto Exchanges in 2025: Why Binance, KuCoin, OKX, Bitget, Coinbase Lead the Pack


by Lisa walter
for CoinEdition
Top 5 Crypto Exchanges in 2025: Binance, KuCoin, OKX Lead

In Q2 2025, the crypto market rebounded to a total capitalization of $3.46 trillion, up 28.2% from Q1, driven by ETF inflows and the Bitcoin rally from $83,000 to nearly $112,000. However, broader market participation remained weak, with altcoins lagging and liquidity still thin across many assets.

Exchange activity reflected this divide. Total trading volume across the top 10 centralized exchanges hit $21.6 trillion, down 6.16% from Q1. Spot markets saw a sharper decline of 21.7%, while derivatives volumes dipped only slightly.

Still, some exchanges gained ground. Binance held a 35.39% market share, while OKX, Bitget, and KuCoin recorded modest growth, particularly in derivatives and open interest. As the market stabilizes, we examine how these leading exchanges are adapting in 2025 to highlight their strengths, shifts, and competitive edges in a volatile landscape.

Top Exchanges in 2025

Binance

Binance remains the leading centralized exchange by volume, holding 35.39% of total trading activity and topping open interest at 23.83%, according to TokenInsight’s Q2 2025 report. 

While still ahead, these figures reflect a gradual decline as total CEX volume…

The post Top 5 Crypto Exchanges in 2025: Why Binance, KuCoin, OKX, Bitget, Coinbase Lead the Pack appeared first on Coin Edition.

Read the article at CoinEdition

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Top 5 Crypto Exchanges in 2025: Why Binance, KuCoin, OKX, Bitget, Coinbase Lead the Pack


by Lisa walter
for CoinEdition
Top 5 Crypto Exchanges in 2025: Binance, KuCoin, OKX Lead

In Q2 2025, the crypto market rebounded to a total capitalization of $3.46 trillion, up 28.2% from Q1, driven by ETF inflows and the Bitcoin rally from $83,000 to nearly $112,000. However, broader market participation remained weak, with altcoins lagging and liquidity still thin across many assets.

Exchange activity reflected this divide. Total trading volume across the top 10 centralized exchanges hit $21.6 trillion, down 6.16% from Q1. Spot markets saw a sharper decline of 21.7%, while derivatives volumes dipped only slightly.

Still, some exchanges gained ground. Binance held a 35.39% market share, while OKX, Bitget, and KuCoin recorded modest growth, particularly in derivatives and open interest. As the market stabilizes, we examine how these leading exchanges are adapting in 2025 to highlight their strengths, shifts, and competitive edges in a volatile landscape.

Top Exchanges in 2025

Binance

Binance remains the leading centralized exchange by volume, holding 35.39% of total trading activity and topping open interest at 23.83%, according to TokenInsight’s Q2 2025 report. 

While still ahead, these figures reflect a gradual decline as total CEX volume…

The post Top 5 Crypto Exchanges in 2025: Why Binance, KuCoin, OKX, Bitget, Coinbase Lead the Pack appeared first on Coin Edition.

Read the article at CoinEdition

Read More

WOO X suffers $14 million breach affecting 9 users, halts withdrawals

WOO X suffers $14 million breach affecting 9 users, halts withdrawals

WOO X suffered an authorized breach on July 24, resulting in the theft of roughly $14...
MEXC finds that 67% of Gen Z crypto traders use AI tools, resulting in fewer panic sells

MEXC finds that 67% of Gen Z crypto traders use AI tools, resulting in fewer panic sells

A growing majority of Gen Z crypto traders are turning to artificial intelligence (AI...