Bitvavo vs. Kraken: Who Leads Europe’s €50B Crypto Trading Boom?

Euro-denominated trading volumes surged to €50 billion in November 2024. Bitvavo and Kraken lead the European market with record euro-denominated pairs. Bitcoin surpassed $100,000, driving demand for euro-backed trades. The European crypto market changed dramatically, with euro-denominated trading volumes reaching a multi-year high of nearly €50 billion in November 2024, according to Kaiko’s Research report . Exchanges like Bitvavo and Kraken compete for dominance in this growing ecosystem, driven by Bitcoin prices over $100,000 and rising interest in altcoins. European exchanges have a record number of euro-denominated trading pairs and are seeing growing adoption of euro-backed stablecoins. As a result, the euro has become the third most traded fiat currency in the crypto world. Euro-Denominated Trading Volume Doubles In 2024, Europe’s crypto market changed significantly, with November’s euro-denominated trade volumes soaring to an amazing €50 billion, nearly doubling October’s levels. Also, weekly volumes reached a massive €12 billion, which is higher than the March 2024 peak. Bitvavo and Kraken, two of Europe’s largest digita… The post Bitvavo vs. Kraken: Who Leads Europe’s €50B Crypto Trading Boom? appeared first on Coin Edition .