Coinbase International Exchange hits $1 billion in daily trading volume Coinbase’s international exchange reaches a milestone of $1 billion in daily trading activity.

On February, Coinbase’s international exchange had a daily trading volume of more than $22.03 billion. Coinbase International Exchange stated: Over the past day, the perpetual futures traded more than $1 billion in notional contract volume. Brian Armstrong, the CEO of Coinbase, mentioned that the non-US unit had reached the milestone of surpassing $1 billion in daily volume for the first time. He also pointed out that the service is still experiencing growth. According to real-time data, as of 8:15 pm UTC, Coinbase Global Exchange recorded a 24-hour perpetual trading volume of $202023 billion. This figure encompasses $557.5 million in Ethereum (ETH) perpetual trading volume, $425.9 million in Bitcoin (BTC) perpetual trading volume, and $50.6 million in Solana (SOL) perpetual trading volume. Furthermore, there are other listings with significantly lower trading volumes. Coinbase International Exchange also operates a spot market, where there was a 24-hour spot trading volume of $12.4 million. As of February, only Bitcoin and Ethereum are offered for spot trading. The data mentioned is distinct from the main US exchange at Coinbase.