Kaiko news and trends

Binance Market Share Drops Amid Regulatory Pressure and Fee Changes

July 18, 2023
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Binance Market Share Drops Amid Regulatory Pressure and Fee Changes

July 18, 2023
Binance has reportedly taken a hit in its share of the global cryptocurrency spot market. From the beginning of the year, Binance’s share of spot trading plunged by 17 percentage points, from 90% to 73%, Bloomberg reported Tuesday (July 18), citing data from cryptocurrency market data provider Kaiko. At the same time, other offshore platforms are capitalizing on […]