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Trading Volume vs. Onchain Volume – What is the Difference?

  • Onchain volume shows the total amount of a particular crypto asset moving between wallets within a specific period.
  • Trading volume measures the total amount of a crypto asset traded within a certain time period.
  • Key differences between trading volume and onchain volume include the type of transactions they reflect and the platforms they are accessed from.
  • Onchain volume is considered more reliable due to its verifiability and transparency, while trading volume can be manipulated by exchanges.

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