No doubt it is the number one in the universe, Binance's total trading volume consistently ranks first in the market
The total trading volume of global financial markets (spot + derivatives) significantly surpasses the data of major stock markets:
- Binance's trading volume is 10% higher than Nasdaq;
- Binance's trading volume is 2 times that of the New York Stock Exchange (NYSE);
- Binance's Bitcoin trading volume is 4.5 times the total trading volume of all Bitcoin ETFs;
- Binance accounts for about 50% of the global centralized exchanges (CEX) trading volume;
- During the week of the US elections, the total inflow of USDT into major exchanges exceeded 20 billion USD, with Binance leading at an inflow of 7.7 billion USD.