Cryptocurrency exchange BTCC reported a 35% increase in spot trading volumes in July, attributed to the expansion of its asset offerings.
Increase in Trading Volume
In July, BTCC’s average spot trading volume exceeded $4.5 million in the first three weeks. The exchange noted that the increase was driven by heightened interest in newly listed tokens.
New Listings on BTCC
BTCC added over 80 new spot trading pairs, bringing its total to more than 300. Notable new tokens include SPX6900, Pudgy Penguins, Movement, Magic Eden, Useless Coin, Vine Coin, and Zora.
BTCC’s Market Strategy
According to Alex Hung, Head of Operations at BTCC, the platform is making the dynamic nature of the spot market a priority and is focused on its growth in the coming months. The exchange also launched Round 6 of its Hot Coins Trading Week campaign to boost trader engagement.
Recent data indicates that BTCC is aiming to quickly adapt to market demands and expand its token catalog to attract active traders.