Binance, the world’s largest cryptocurrency exchange, has increased its market share for the fourth consecutive month despite the regulatory challenges it faces.
According to a recent research report by CryptoCompare, Binance market share last year November since continues to increase.
According to the report, Binance 59.4% market share in February to 61.8% raised. Spot volumes of the stock market 13.7% with an increase 504 billion broke his own record. Compared to previous month 29% experiencing a decline 39.9 billion with dollar trading volume Coinbase second in the trading volume compared to the previous month. %11th Kraken, which is in decline, including 19.3 billion with dollars third was ranked.
The building is also in February. derivative market share in the stock markets to 62.9% has been recorded so far highest market share reached. Binance in derivatives exchange volume 14% And 13.3% with market shares OKX And Bybit followed.
Despite all these difficulties, CryptoCompare has your dominion each day by strengthening holding in hand Binance’s This ability is high in the stock market. your liquidation brought by low commission And from rare price shifts and the stock market from a wide range of products stated that it was due.
Experts face all to regulatory challenges Although a large number of users of the majority still have Binance in your eyes most ideal cryptocurrency exchange maintains its status stated.
One of the largest exchanges in the cryptocurrency industry from FTX bankruptcy many international regulators to the edition exposed Binance, finally US subsidiary bankrupt crypto loan platform Voyager Digital A due to the purchase moveUS Securities and Exchange Commission (SEC) faced with.