Binance trading volume is at an all-time high
Since the beginning of 2024, the volume of the largest cryptocurrency exchange Binance has reached the mark of $4.40 trillion. According to Coingecko, on Monday the daily index was $10.7 billion, which is 49.5% more than the day before.
The volume of foreign exchange also increased significantly, reaching $9.55 billion in the last 24 hours. The highest rate in the first half was recorded in March 2024. Then he raised $1.12 trillion. Previously, such values were fixed in February 2021 until now. Thanks to the increase in the volume of sales, the retail share of the sales platform increased by 1.04% to 44.1%.
It is interesting that from 2017 to 2022, the total amount of cryptocurrency exchange has exceeded $16.92 trillion. This is more than the GDP of several large economies, such as Canada, India and Japan. Currently, the total assets of Binance are estimated at $11.25 billion, which allows it to occupy leading positions in the crypto industry.
At this time, the exchange supports 308 cryptocurrencies, 11 fiat currencies and 125 trading pairs, but the BTC/USDT pair remains the most popular. Binance dominates the market with a share of 8.0%, securing the title of the world's leading exchange.
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