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šŸŒ In 2024, the cryptocurrency marketā€™s spot trading volume remained highly concentrated. šŸ”¹ Binance led with a $7.23 trillion trading volume, capturing 46.59% of the market share. šŸ”¹ The top 5 exchangesā€”Binance, Bybit, Crypto.com, OKEx, and Coinbaseā€”accounted for 81.24% of the market share. šŸ”¹ Medium-sized exchanges like Upbit, Huobi, and Bithumb Korea contributed significantly but held less than 10% market share individually. šŸ”¹ Smaller exchanges like Coinone, Korbit, and Binance US had market shares below 0.2%, exerting minimal influence. #crypto #MarketShare #exchanges #Binance
šŸŒ In 2024, the cryptocurrency marketā€™s spot trading volume remained highly concentrated.

šŸ”¹ Binance led with a $7.23 trillion trading volume, capturing 46.59% of the market share.

šŸ”¹ The top 5 exchangesā€”Binance, Bybit, Crypto.com, OKEx, and Coinbaseā€”accounted for 81.24% of the market share.

šŸ”¹ Medium-sized exchanges like Upbit, Huobi, and Bithumb Korea contributed significantly but held less than 10% market share individually.

šŸ”¹ Smaller exchanges like Coinone, Korbit, and Binance US had market shares below 0.2%, exerting minimal influence.

#crypto #MarketShare #exchanges #Binance
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