Cryptocurrencies: 29367
Markets: 112768
Market Cap: $2,133,173,161,439     
24h Vol: $87,233,387,711
cryptonews 2023-01-06 12:14:00

Binance has Grabbed Two-Thirds of all Crypto Trading Volume – What Happened to the Decentralization of Finance?

Binance, the world's largest cryptocurrency exchange, has remained the leader in the space, ending 2022 with a 66.7% market share compared to 48.7% at the start of the year. According to a report from CryptoCompare, Binance accounted for 66.7% of all trading volume on centralized crypto exchanges in the last quarter of 2022 following the collapse of FTX, one of its biggest rivals. In comparison, the platform had a market share of 48.7% at the start of 2022.... Read More: Binance has Grabbed Two-Thirds of all Crypto Trading Volume – What Happened to the Decentralization of Finance?
esptco-banner img

Videos
  • What is a Bitcoin Wallet? How Bitcoin Wallets Work? Public & Private Key Explained!

  • CEX vs DEX: Which Type of Crypto Exchange Is Better?

  • Hardware vs Software Wallets: Which One is Better for You?

  • Ethereum Vs Bitcoin: Everything you need to know with Similarities & Differences!

Our Partners