Getting Started With Algorand Bounties 2.0

    This analysis will assess the popularity of the ALGO token on centralized exchanges. We will ascertain the volume of ALGO moved to and from CEXs since the beginning of 2021 by: charting the volume of ALGOs moved to each CEX per day, and charting the volume of ALGOs moved from each CEX per day in this time period.

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    CEX receiving algorand

    We first look at the share of algorand each CEX is receiving.

    It can be seen from the below graph that, Binance is among the biggest receiver with coinbase coming second and okex third.

    CEX sending algorand

    We now look at what the share of each CEX is in The amount of algorand sent

    Again, It can be seen from the below graph that, Binance is among the biggest sender with coinbase coming second and okex third.