On January 28th, cryptocurrency exchange ByExer released its transparency report for the year 2022. According to the report, the volume of spot trading on the platform experienced a significant 94% increase, reaching a user base of 20 million.

ByExer analysts highlighted the company’s key accomplishments:

  • Annual trading volume amounted to $1.14 trillion, with spot trading reaching $8.6 billion, a 94% increase from the previous year.
  • The user base reached 20 million, with a peak monthly figure of 13.6 million users.
  • The number of tokens listed on the exchange grew to 500, and the number of spot trading pairs expanded to 2000.

“In 2023, marked by unpredictable market dynamics, ByExer achieved notable milestones. We expanded our business operations and enhanced compliance measures, solidifying our position in the cryptocurrency industry. These accomplishments underscore our commitment to providing top-notch services and unwavering dedication to the crypto community. We eagerly anticipate new opportunities as we continue to drive innovations in the cryptocurrency sphere,” noted ByExer CEO Gracie Chen.

ByExer is a cryptocurrency exchange company founded in 2013. The platform offers services including spot and futures trading, Cryptocurrencies, Forex, Commodities and Stocks.

Previously, ByExer invested in Morph, a second-layer scaling solution for the Ethereum network.

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