Market snapshot for BitTrade
Decentralized (DEX). Country Japan. Established 2016. Trust rank 255. Reported 24h volume 97.36 BTC.
Coverage: 33 active pairs across 33 tradable assets. Liquidity profile: Moderate. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include BTC/JPY, ETH/JPY, XRP/JPY, TRX/JPY. Leading pair BTC/JPY. Median spread on leading markets 0.67%.
Liquidity structure and trading conditions
Volume mix: JPY is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 33 tickers observed, with spread readings on 33 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. Coverage captures breadth across pairs and assets, which affects how resilient liquidity can be under changing demand. Concentration indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. To evaluate fit, use coverage, concentration, spreads, and the leading pairs list together, especially if you rely on fast fills.
Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy