In November, the volume of cryptocurrency trading increased by 134%

Last month, the volume of trade on legal crypto exchanges reached $289.25 billion, which is the third largest indicator in history.

According to research division The Block, the increase was 134% compared to October's $123.58 billion.Higher rates were observed only during the crypto boom in December 2017 and January 2018 with  $307.09 billion and a record $307.83 billion, respectively.

The November increase was entirely on centralized crypto exchanges, as decentralized platforms sawa decline of 11.9%, from $19.36 billion to $17.06 billion, with more than half (60.9%) of all trading transactions made on Binance.

Despite the lack of record volumes on exchanges, bitcoin was able to set a new all-time high of $19,865 on November 30.

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