Binance Dominates the Global Spot Trading Market

Source
Son Min

Summary

  • It was announced that Binance holds a 43.66% share in the global spot trading market.
  • It was emphasized that Binance's cumulative trading volume amounts to 1.9 trillion dollars.
  • This figure surpasses the combined trading volume of exchanges ranked 2nd to 6th.
Source=Satoshi Club
Source=Satoshi Club

An analysis has emerged that Binance, a global virtual asset (cryptocurrency) exchange, is leading the global spot trading market.

On the 1st (local time), Satoshi Club stated on X, "So far, Binance is leading the global spot trading market," and "occupying 43.66% of the total spot trading market." They further reported, "Binance's cumulative trading volume amounts to 1.9 trillion dollars," which is more than the combined trading volume of exchanges ranked 2nd to 6th.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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