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South America-based exchange volume continues positive trajectory South America-based exchange volume continues positive trajectory Dorian Batycka · 2 years ago · 2 min read
News ▸ Analysis

South America-based exchange volume continues positive trajectory

Exchange volume transactions for the month of January 2022 remained steady at 8.35B

Dorian Batycka
Jan. 31, 2023 at 4:18 pm UTC
2 min read
Updated: Jan. 31, 2023 at 4:18 pm UTC
South America-based exchange volume continues positive trajectory

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

South America continues to show positive growth month-to-month as exchange volume increases to a total of $8.35 billion.

Customer exchange volume in January 2022 by continent:

  • Asia: $606.25B
  • North America: $85.14B
  • Europe: $21.25B
  • South America: $8.35B

Exchange volume by region per month is an important metric for several reasons:

  1. Market activity: Exchange volume gives an indication of the level of market activity and interest in a particular region.
  2. Market size: Exchange volume can be used to estimate the size of the market in a specific region and to compare it with other markets.
  3. Trading opportunities: High exchange volume can indicate increased trading opportunities and liquidity in a region.
  4. Investment decisions: The exchange volume of a region can be used as a factor in making investment decisions, as regions with high volume may be seen as more attractive investment destinations.
  5. Market trends: Changes in exchange volume can provide insight into market trends and market sentiment in a specific region.

The region’s growth is being led by BTSE, a British Virgin Islands-based exchange founded by Jonathan Leong in 2018.

BTSE Exchange Trade Volume Distribution (24H, source: Coingecko, Janauary 31, 2022.
BTSE Exchange Trade Volume Distribution. Source: Coingecko, January 31, 2022.
Mentioned in this article
BTSE Jonathan Leong
Posted In: Analysis
Author

Dorian Batycka

Contributor at CryptoSlate

Dorian Batycka is a journalist interested in art and technology. He has previously contributed to CoinDesk, Decrypt, Artforum, Artnet News, the Art Newspaper, and many others. He can be found on Twitter and Instagram @temp_projects, where he often memes his way through current financial and art news, scandals, and events.

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BTSE

Exchange Company in Middle East

BTSE is a leading digital asset exchange that offers a simple and secure way to trade cryptocurrencies.

More about BTSE

Jonathan Leong

Founder & Chairman at BTSE

Jonathan Leong is the founder and chairman of BTSE, with more than 20 years of experience in developing high-performance, mission-critical systems.

More about Jonathan Leong
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