Coinglass Exchange Ranking Explained | 2025 Guide

In the ever-evolving world of cryptocurrency, the Coinglass exchange ranking has become a crucial metric for traders and investors alike. As we delve into the intricacies of how Coinglass ranks exchanges, we will explore key metrics such as trading volume, open interest, and platform scores. This guide will also highlight where Bitunix, a leading platform founded in 2021 and headquartered in United Arab Emirates, Dubai, stands in this competitive landscape.

How Coinglass Ranks Exchanges

The Coinglass exchange ranking is determined by several factors, each contributing to a comprehensive understanding of an exchange's performance. By analyzing trading volume, open interest, and platform score, Coinglass provides a transparent and reliable ranking system for users. Let's break down these key components:

Trading Volume and Open Interest

Two primary metrics used in the Coinglass top exchanges ranking are trading volume and open interest. These metrics offer insights into the liquidity and activity on a platform:

Visual representation of Coinglass ranking factors like trading volume, open interest, and platform score.
  • Trading Volume: This metric indicates the total amount of cryptocurrency traded on an exchange within a specific period. For example, Bitunix boasts a 24-hour futures trading volume of $3.19 billion.
  • Open Interest: This refers to the total number of outstanding derivative contracts that have not been settled. Bitunix has an open interest of $1.62 billion, with BTC leading at $666.41 million.

Platform Score

The Coinglass score provides an overall rating of an exchange's performance. Bitunix is currently ranked #10 globally, with a platform score of 60, reflecting its robust trading metrics and user-friendly features.

Bitunix's Position in the Coinglass Derivatives Ranking

As a prominent player in the cryptocurrency derivatives market, Bitunix offers an impressive range of services and competitive features:

Feature Details
Founded 2021
Headquarters United Arab Emirates, Dubai
Coinglass Ranking #10
Platform Score 60
24-Hour Futures Trading Volume $3.19 billion
Open Interest $1.62 billion
Futures Trading Pairs 545

Bitunix's Fee Structure

Understanding the fee structure is essential for traders looking to maximize their profits. Here's a breakdown of Bitunix's fees:

Infographic showing Bitunix's trading volume and open interest metrics.
Type Fee
Maker Fee 0.02%
Taker Fee 0.06%

Features and Services Offered by Bitunix

Bitunix provides a comprehensive suite of features catering to both novice and experienced traders:

  • Spot Trading: Easily trade a wide range of cryptocurrencies with competitive fees.
  • Futures Trading: Access high leverage options up to 200x for BTC/USDT and ETH/USDT perpetual futures contracts.
  • Copy Trading: Follow successful traders and replicate their strategies.
  • Bitunix Earn: Participate in staking programs to earn rewards.
  • 24/7 Customer Support: Receive assistance whenever needed through multiple channels.

Bitunix's 4th Anniversary Campaign

To celebrate its 4th anniversary, Bitunix is hosting a campaign with a total prize pool of $4,000,000 USDT equivalent. Participants can enter a lucky draw with prizes ranging from a Tesla Model 3 to PS5 consoles, alongside futures bonuses. Key details include:

  • Lucky Draw Prizes: Tesla Model 3 (1 winner), 10g Gold bars (3 winners), PS5 consoles (5 winners), and Futures Bonuses (5-300 USDT).
  • Draw Dates: Dec 29, Dec 31, Jan 5, Jan 15, and Jan 27 at 07:00 UTC.
  • Trading Competition: Comprising an Individual Competition with up to $648,000 prize pool and a Team Competition with up to $2,898,000 prize pool.
  • Eligibility: Minimum 100 USDT net equity in futures account and 50,000 USDT effective trading volume.

Conclusion

The Coinglass exchange ranking provides valuable insights into the performance and reliability of cryptocurrency exchanges. With its robust trading metrics, competitive fees, and user-friendly platform, Bitunix has established itself as a top contender in the Coinglass derivatives ranking. Whether you're a seasoned trader or just getting started, understanding these rankings can help you make informed decisions in the dynamic crypto market.