Robinhood: Crypto trading volume surged 74% year-over-year in February to $25 billion, while event contract trading volume fell to 2.4 billion contracts.
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According to ME News, on March 14th (UTC+8), Robinhood released its February operating report, disclosing that cryptocurrency trading volume reached $25 billion, a 9% increase month-over-month and a 74% increase year-over-year. Of this, the Robinhood App's cryptocurrency trading volume was $9.4 billion, and Bitstamp's trading volume reached $15.6 billion. In contrast, TradeFi trading on the Robinhood platform saw a decline, with stock trading volume falling 14% month-over-month to $194.4 billion, and options contract trading volume falling 10% month-over-month to 180.3 million contracts. Furthermore, Robinhood's prediction market event contract trading volume also plummeted 29% from January to 2.4 billion contracts. (Source: ME)
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