Crypto.com holds 38.5% market share of spot cryptocurrency trading volume in July

Odaily News Crypto.com was the exchange with the highest spot cryptocurrency trading volume among dollar-backed exchanges last month, with a market share of 38.5%. Experts said that Crypto.com's recovery may indicate a trend of retail investors re-entering the cryptocurrency field or changing their preference for exchanges. In addition, the exchange's rapid growth may be "at the expense of small US exchanges" and driven by exchange advertising. (Theblock)