Binance's trading volume reaches $132 billion for November, a new monthly high

Crypto exchange Binance has eclipsed $132 billion in trade volume for the month of November, reaching a new monthly high. 

The company’s previous monthly high for volume was in August, which came in at $124.9 billion. 


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As the chart above shows, monthly volumes on exchanges are at their highest level since the start of 2018. As was the case then, the price of bitcoin is near its all-time high point.

For more information on cryptocurrency exchange volumes, visit The Block Crypto Data.

About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.