As of February 2018, there were more than 120 independent cryptocurrency exchanges that facilitated transactions in more than1,000 independent markets. The daily volume of cryptocurrency is now equivalent to 20 billion US dollars, the total market value is more than 700 billion US dollars.
Most of the transactions are concentrated in the top 20 exchanges, which are denominated in multiple currencies, including cryptocurrencies such as:Bitcoin and Ethereum, as well as the sovereign currencies, such as:the US dollar, British pound, Japanese yen, Chinese yuan and Korean won.
Forecasts indicate that the market value of 2018 will increase to 1-2 trillion US dollars, and the corresponding average daily trading volume of 3% is 50 billion US dollars or more. Asset management companies are beginning to see their demand for cryptocurrency risk exposures increase their portfolios. In 2018, more than 500 active funds are being created to enter the market, and the regulatory environment is warming.
However, the market is just getting started, there is a big spread between the same crypto exchange, so there is enough quantitative opportunity not to exist in a more efficient market.
Inefficiency is the product of a severe split in the cryptocurrency trading market in terms of execution, account setup, automatic access, liquidity, execution speed, pricing and security. Btcliving was created by financial and trade professionals to address these issues by improving and consolidating current trading practices.