Data: The volume of unmanaged cryptocurrency exchanges reached a new low of nearly nine months in December last year

The Block research shows that the trading volume of unmanaged cryptocurrency exchanges in December last year reached a new low of nearly nine months. From the specific data, the total transaction value in December last year was about 180 million US dollars, while the total transaction value in July exceeded 560 million US dollars. The Block research director Larry Cermak said that compared to centralized exchanges, the transaction volume of unmanaged exchanges is negligible, but compared to centralized exchanges, the transaction volume of unmanaged exchanges accounts for a bit increase. The main reasons why unmanaged exchanges are not yet widespread are the lack of liquidity, simplicity, and the limitations imposed by the blockchain itself.