On its First Day Trading Ethereum Bitfinex Controlled 25% of ETH/USD Volume
Posted: Mon Mar 14, 2016 1:21 pm
Cryptocurrencies exchange Bitfinex has only started supporting trading Ether on Monday (March 14th at noon UTC) and it has already made a big splash. Bitfinex very quickly snapped up the number two spot in terms of USD to ETH trading volume with about 25% of the total market share.
Over on the exchange of bitcoin to Ethereum side of the business, Bitfinex also took about 5.5% market share of the overall BTC/ETH trading volume. This makes Ethereum the fourth largest BTC/ETH trading venue behind Gatecoin.
We asked Charles Hayter, the CEO of CryptoCompare.com, if the new player is just going to ... (read more)