Report: Asians trade over 95% of cryptocurrency futures trading volume.

Asian exchanges account for over 95% of cryptocurrency futures volume, Coindesk reports, according to a new report from Swiss company Blockchain Valley Ventures (BVV). Huobi, Binance, and OKEx have overtaken BitMEX to become the leading provider of space products and commodities exchange. From Q1 to Q2 2020, the total volume of the cryptocurrency derivatives market grew from $ 60 billion to $ 2.16 trillion. At the same time, the packaging industry lost 18% to $ 5.44 trillion. Since derivatives vary from exchange to exchange, BVV expects more purchases in the cryptocurrency market in the coming months.