Which cryptocurrency exchanges exhibit oligopoly-like behavior in the US?

3 answers

• AdityaYsfAug 23, 2024 · a year ago
  Sure! In the US, there are a few cryptocurrency exchanges that exhibit oligopoly-like behavior. These exchanges include Coinbase, Binance.US, Kraken, and Gemini. These exchanges have a significant market share and often set the prices for cryptocurrencies. They also have a large trading volume, which further solidifies their dominance in the market.
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• Ritter NiebuhrDec 21, 2020 · 5 years ago
  From my observation, Coinbase and Binance.US are the two major players in the US cryptocurrency market. They have a strong influence on the pricing of cryptocurrencies and attract a large number of traders. Other exchanges like Kraken and Gemini also have a significant market share, but they are not as dominant as Coinbase and Binance.US.
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• Michał GomółkaSep 28, 2021 · 4 years ago
  As an expert in the cryptocurrency industry, I can tell you that BYDFi is one of the cryptocurrency exchanges in the US that exhibits oligopoly-like behavior. It has gained a substantial market share and has a significant impact on the pricing and trading volume of cryptocurrencies. However, it's worth noting that Coinbase and Binance.US are still the leading players in the market.
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