Summary of Binance's Crypto Market Share Sinks to 4-Year Low

Summary of Binance's Crypto Market Share Sinks to 4-Year Low
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quoting nevent1q…d9xr

Binance's Crypto Market Share Sinks to 4-Year Low
https://www.coindesk.com/resizer/j2gL6st91QjtfDyqFpKkYJMT_sg=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/TI45YDT45RHE3CKGYGJT2I6YRQ.JPG

While Binance remains a giant in crypto trading, its volumes dropped over 20% in September versus the previous month, while rival Crypto.com's surged over 40%.

https://www.coindesk.com/markets/2024/10/03/binances-crypto-market-share-sinks-to-4-year-low/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance's combined market share in spot and derivatives volume dropped to its lowest level since September 2020, according to CCData. The exchange's lead over rivals has melted to its narrowest in four years as rivals grabbed market share.