Spot encryption transactions in July are expected to hit a 16-month high of $117 billion

According to The Block, the legal transaction volume of the spot cryptocurrency exchange in July is expected to reach its highest point in 16 months, about $117 billion, more than three times that of six months ago. Among them, the proportion of the currency exchange in July reached 54%. In addition, it is worth mentioning that Coinbase, bitflyer and Bitstamp are the fastest growing in the current bull market, while Bitfinex and Bittrex are the slowest growth.