Binance, the world’s highest-volume cryptocurrency exchange, has suffered a massive loss of market share since the end of March.
On-chain analytics firm Kaiko, Binance’s March 22 applied to some trading pairs on zero commission campaign from the removal market share in the cryptocurrency market since from 73% to 51% much that you regress revealed.
Binance lives big to the decline despite sector dominance continues to hold. Founder of blockchain consulting firm Venn Link Partners Cici Lu, users Binance And USA between the legal they shy away from the fight Therefore, other exchanges they are headed expressed.
One commenting on the Binance spokesperson, anxiety big enough to create not and currently some maturation of products And regulatory clarity as part of earning compliance processes stated that they are focused.
In addition, the report is one of the largest cryptocurrency exchanges in Asia. Huobi’s 5 times its market share in this process. from 2% to 10%, of OKX its market share from 5% to 9% was mentioned.
highly regulated South Korea the general market share of crypto-based exchanges. from 8% to 14% appeared to increase.
