“Liquid has consistently maintained the top spot in terms of trade count over the last three months for its BTC-JPY market,” stated the latest CryptoCompare research. Among the top fiat-to-crypto exchanges, Liquid had the largest average daily trade count with 575k trades combined with a low average trade size of 0.038 BTC. Binance, which is another major fiat-to-crypto platform, registered the second-highest trade with more than 260,000 trades executed per day.
However, in terms of trade size, Liquid has consistently registered the lowest in July, August, and September. Other exchanges like itBit, Gemini and Coinone traded a significantly lower number of trades per day with 1.68k, 5.2k, and 13.9k, respectively. This was, however, combined with higher trade sizes 0.4, 0.27, 0.12 BTC, respectively. 
Source: CryptoCompare | Historical Daily Average Trade Count – Crypto to Fiat Exchanges
The crypto-fiat platform’s app roll-out called Liquid Pro can be speculated to have a crucial role in the impressive trade count on its platform for BTC/JPY market. The mobile app features a first-of-its-kind complete set of tools for margin traders who can open and manage positions all within the app. This app enables its users to trade with up to 25x leverage in markets such as BTC/USD and BTC/JPY,
Even as market volumes have fallen across the board, the global cryptocurrency platform Liquid has seen an average of 9.6 times more trades than the next largest crypto exchange in terms of trade count [Coinbase] over the last month. The chart below analyzed data from BTC trading into the most relevant fiat currency for each exchange for example in terms of Coinbase, the relevant pair was BTC/USD.
Source: CoinCompare | Trade Count and Size – Top Crypto to Fiat Exchanges by Volume in September
