cryptonews
2023-01-06 12:14:00

Binance has Grabbed Two-Thirds of all Crypto Trading Volume – What Happened to the Decentralization of Finance?

Binance, the world's largest cryptocurrency exchange, has remained the leader in the space, ending 2022 with a 66.7% market share compared to 48.7% at the start of the year. According to a report from CryptoCompare, Binance accounted for 66.7% of all trading volume on centralized crypto exchanges in the last quarter of 2022 following the collapse of FTX, one of its biggest rivals. In comparison, the platform had a market share of 48.7% at the start of 2022.... Read More: Binance has Grabbed Two-Thirds of all Crypto Trading Volume – What Happened to the Decentralization of Finance?

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