<p>Cryptocurrency trading volumes for August saw the biggest month-over-month increase — some 75% — since February 2018, according to The Block's volume index. </p> <div id="attachment_77052"class="wp-caption alignnone" style="max-width: 1726px;"><img class="has-caption wp-image-77052 size-full" src="https://www.tbstat.com/wp/uploads/2020/09/Spot-volume.png" alt="" width="1716" height="1006" /><p class="wp-caption-text"><em>Source: CryptoCompare, The Block Research</em></p></div> <p><span style="font-weight: 400;">August’s volume clocked in at $191.2 billion compared to $109.3 billion in July, according to the </span><a href="https://www.theblockresearch.com/crypto-august-by-the-numbers-77040"><span style="font-weight: 400;">August 2020 report</span></a><span style="font-weight: 400;"> by The Block Research. August’s spot exchange volume was the third-highest monthly volume since 2017, per the report. </span></p> <p><span style="font-weight: 400;">Binance had the largest market share, amounting to roughly 65% of the total traded volume in August, followed by Coinbase (11.2%), Kraken (4.8%), and LMAX Digital (4.8%), among others. </span></p>