The total of
bitcoin trading volume processed last year surpassed the 23 billion US dollar (+53 % compared to 2013).
Not exact matches
Severe declines in
bitcoin trading volume have been seen on the China - based
bitcoin exchanges that have recently added fees to the
trading process.
In December the Finance Ministry set up a special panel to follow developments, including the
volume of
bitcoin related
trade, and help speed up the
process of adopting regulation.
But, even then,
trading volumes OTC markets in China only account for tens of millions of dollars worth of
Bitcoin trades on a weekly basis, which is a small fraction of global
Bitcoin trading volume in contrast to leading exchanges such as Bithumb which
process hundreds of millions of dollars in
trades on a daily basis.
The company operates a merchant payment
processing service along with their
bitcoin exchange, which Coinhills ranks as the largest in both Japan and the world by
bitcoin trading volume.