Binance continues to solidify its position as the top global crypto exchange, as recent data highlights its growing dominance across key markets.

Data from CryptoQuant shows that the crypto commands a staggering 96.91% of crypto trading activity in South Korea. In contrast, local exchanges like Upbit and Bithumb collectively account for only 3.09% of the market.

Binance vs Korean Exchange Volume (Source: CryptoQuant)

On a global scale, Binance’s influence is equally profound. Data from Kaiko shows that nearly half of all Bitcoin transactions worldwide occur on the Richard Teng-led crypto exchange, cementing its position as the go-to platform for crypto enthusiasts.

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Comments are disabled.