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Binance market share chopped with the end of zero-fee BTC tradingBinance’s competitors are still far behind in terms of total market share but the company says it “welcomes and encourages competition” to encourage innovation in the industry. Previously, binance controlled over half of the market share, with some numbers showing its share as high as 57.5%. In addition, the report notes that spot trading on Binance fell by 48.1% to $287 billion in April.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Binance Market Share Drops to Lowest Level Since OctoberBinance's market share has dropped to its lowest level in eight months but it remains the largest cryptocurrency exchange by trading volume. LedesmaLyllah reports.
Source: CoinDesk - 🏆 291. / 63 Read more »
Binance Market Share Sinks to Lowest Level in Eight MonthsBinance’s market share has dropped to its lowest level in eight months, according to CCData. The exchange remains the largest cryptocurrency platform by trading volume, but it has seen its market share decline consecutively over the past three months after reaching a yearly high of 57% in February 2023. CoinDesk's Jennifer Sanasie presents 'The Chart of the Day.'
Source: CoinDesk - 🏆 291. / 63 Read more »