17:22 - 19.07.2023
July 19, Fineko/abc.az. World's largest cryptocurrency exchange Binance is starting to lose its share due to regulatory problems and reduced incentives for free trade for users.
ABC.AZ reports with reference to the foreign press that because of the above-said, Binance began to give way to other platforms.
According to the data on spot trading volume compiled by Kaiko, Binance's market share fell from 90% at the beginning of the year to 73% in mid-July. Over the same period, OKX's market share has almost doubled compared with January to 11%.
Huobi and Bybit also increased their market share to 9% and 7% respectively.
