It's clear that the battle for dominance among CEXs is heating up. We've seen some surprising jumps in trading volume lately, especially with Bitget's rise since it's leading the top with incredible growth in Spot Trading Volume Growth for Q1 2024. Even some smaller players like KuCoin and Bybit are doing well.

Obviously, Binance and Coinbase are still major exchanges, but the market is definitely changing over time. And It also makes me wonder what's drivin, maybe different regulations, the coins these exchanges list, Or, maybe the whole crypto market is just doing better.

Either way, it's getting really exciting. What do you think? Will the smaller exchanges keep gaining ground, or will things swing back around? One thing's for sure, this competition is good for us users, it'll likely force these CEXs to keep improving.

Bitget's rise is due to two things:
1. The copy-trading feature; so far I'll say it is the best.
2. Influx of Nigerian P2P users after the clamp down on Binance by the Nigerian govt.

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