Binance Trading Volume Surpasses $100 Trillion

Binance’s all-time trading volume has surpassed $100 trillion, according to CEO Richard Teng.

Binance’s trading volume surpassed $13 billion today.

Binance CEO Richard Teng announced a major milestone. On September 24, he announced on X that Binance’s all-time trading volume had surpassed $100 trillion.

Teng said Binance weathered the ups and downs because consumers deserve the best. He thanked all users for their trust and support.

Binance’s Trading Volume Trajectory in 2024

Binance’s trading volume is volatile in 2024, as is the crypto market.

Haters Were Wrong as Bitcoin Ends a Dismal September on a Positive Footing Additionally, the digital asset could set a new ATH in Q4 2024.

Binance’s all-time trading volume is over $1 trillion, proving that hard work and faith pay off.

In 2024, Binance peaked in trading volume on March 6 at around $73 billion. The second day of trading volume this year was March 15, when Binance reported over $63 billion.

In 2024, the exchange’s trading volume fluctuated, as Teng predicted, with an average daily volume of $20 billion.

Binance’s daily trading volume peaked on August 5, 2024, when the crypto market was at its worst. This is why August 5 is Crypto’s Black Monday.

Official data shows that Binance was the largest CEX in June 2024 with a spot trading volume of $424.7 billion (the lowest of the year) and a 44% market share.

Bybit ranked second with a 12.2% market share and a spot trading volume of $75 billion.

Since its launch in 2017, Binance has enjoyed strong trading volumes thanks to high user engagement and trust.

After Changpeng Zhao created Binance in 2017, the exchange, which trades over 350 digital assets, reached 200 million registered users in June.