New Crypto Asset Market Coverage Report Reveals Crypto Trading Volume to Exceed US Corporate Debt Trading


Crypto Trading Volume Could Soon Exceed US Corporate Debt Trading

According to a recent study titled ‘Crypto Asset Market Coverage Initiation: Trading & Custody,’ cryptocurrency trading volume could grow 50% in 2019 and exceed that of U.S. Corporate Debt trading in 2018. Additionally, the report found that it cold reach 10% of the US Equity trading volume in the near future.

Additionally, as trading volume expands, exchanges would also earn more with trading fees. The study shows that the trading fees will grow 50% this year moving from $2.1 billion dollars in 2017 to $3 billion in 2018.

The report has also compared different fees and rates among some important exchanges. Additionally, the document explains that decentralized exchanges could become competitive in five or ten years from now. Although centralized exchanges are not so secure as decentralized platforms, they are able to provide the best user experience and usability.

Moreover, the document is very bullish about the future of the space, virtual currencies and institutional interest for cryptocurrencies.

Another important issue is related to legislation and regulations. In the United States and other countries around the world, regulatory agencies are outlining different legal frameworks for virtual currencies and related companies to operate. These regulatory agencies are trying to take care of investors and provide an environment where blockchain and crypto companies would be able to grow.

On the matter, the Statis research explained:

“Despite the prolonged bear market, investment in the ground level foundation continues unabated. With evolving understanding of the fundamentals of the market, increased regulatory certainty in the US and abroad, and fiscal policies that continue to make alternative assets more attractive, the crypto market’s underlying infrastructure is continuing its expansion.”

At the moment, there are several companies developing different institutional-grade services and products. This would allow more investors to enter the market and allow virtual currencies to expand and grow. Furthermore, if important institutions start placing their funds in virtual currencies, trading volume would increase even much more in the coming years.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide