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48. Exrates
Launched in April 2016, Exrates is a crypto exchange based in Estonia. The exchange boasts of having a high-performance trading engine that is capable of processing many transactions at once. It supports cryptocurrencies, stable coins, and fiat. It’s active in 131 markets with a trading volume of over $250 million in the past 24 hours.


49. Bit-Z
Launched in June 2016, Bit-Z is a crypto exchange based in the USA. This platform boasts of having a high level of professionalism, security, and convenience. The exchange supports cryptocurrencies, stable coins, and tokens. It’s active in 168 markets with a trading volume of over $350 million in the past 24 hours.


50. BigONE
Launched in June 2017, BigONE is a crypto exchange based in Singapore. This platform provides users with an OTC desk and has mobile support. The exchange supports both cryptocurrencies and stable coins. It's active in 128 markets with a trading volume of over $400 million in the past 24 hours.

Mercado Bitcoin
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Crypto exchanges are notorious for faking trading volume to attract more users and also charge higher listing fees, so for this list; I used data from various sources including exchange websites, cryptocompare.com, coinmarketcap.com, coinranking.com, news outlets like CoinDesk, Cointelegraph and social media platforms like Reddit and Twitter to ensure I had accurate information on these platforms.