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Binance Faces Erosion in Market Dominance with 10% Decline in Trading Volume Amidst Rising Competition: Report
13.11.2023
Source: Adobe According to the November 6 report by blockchain analytics firm 0xScope, Binance has maintained its position as the top centralized exchange, with a significant market share; however, its dominance has weakened over the past year, with a continuous decrease in trading volume...
Binance's Spot Market Share Dips to 34.3% – What's Behind the Decline?
6.10.2023
According to yesterday's report by cryptocurrency data provider CCData, Binance's spot market share has seen a notable decline, falling from 38.5% in August to 34.3% in September. This marks the seventh consecutive month of decreasing spot market share for the world's leading cryptocurrency...
Crypto Derivatives Market Share Hits All-Time High
10.5.2023
Binance continues to be the dominant crypto derivatives trading platform
Crypto Exchange Binance Trading Volume Fell Almost 50% in April
10.5.2023
Even so, it remains the dominant centralized exchange in the industry
Bitcoin Trading Volumes Have Collapsed – Here’s What That Means for the BTC Price?
28.3.2023
Bitcoin trading volumes have collapsed in the past few days. According to data sourced from CoinGecko, daily Bitcoin trading volumes across major exchanges fell to as low as $14.5 billion on Monday, its lowest level since the 5th of March.
That’s a huge drop after Bitcoin daily trading volumes...
Binance's Bitcoin Trading Volume Hits Lowest Level in 8 Months Following Termination of Zero-Fee Trading
27.3.2023
Zero-fee trade volume accounted for 66% of Binance’s trading volume in mid March prior to the decision to eliminate the zero-fee promotion
Binance trading volume tops all-time high with $37B in a day
25.11.2020
Trading volume on the world’s most popular crypto exchange has surged following a rally of the top three tokens
Binance Trading Volume Reaches All-Time High Amid Bitcoin’s Price Surge
30.4.2020
Binance reaches all-time high trading volume as Bitcoin skyrockets close to $9000