The market volume in cryptocurrencies has exceeded $ 1 trillion for the first time on a monthly basis. As of February 27, the market volume of cryptocurrencies broke a record at $ 1.05 trillion, according to The Block Research data.

The previous record was broken in January. Market volume in February showed an increase of $ 143.9 billion, 15.9 percent compared to January.

Two-thirds of February trading volume was handled on Binance, while 10.6 percent volume was handled by Coinbase. Kraken's share in volume was announced as 5.3 percent.