BTC $63,893.65 -2.30%
ETH $1,851.95 -2.16%
BNB $564.07 -0.85%
XRP $1.08 -2.44%
SOL $73.63 -3.05%
TRX $0.3292 -0.61%
DOGE $0.0692 -1.03%
ADA $0.1615 -3.79%
BCH $211.19 -0.43%
LINK $8.27 -3.02%
HYPE $57.02 -3.03%
AAVE $90.76 -5.57%
SUI $0.7023 -5.45%
XLM $0.1766 -4.06%
ZEC $474.05 -7.17%
BTC $63,893.65 -2.30%
ETH $1,851.95 -2.16%
BNB $564.07 -0.85%
XRP $1.08 -2.44%
SOL $73.63 -3.05%
TRX $0.3292 -0.61%
DOGE $0.0692 -1.03%
ADA $0.1615 -3.79%
BCH $211.19 -0.43%
LINK $8.27 -3.02%
HYPE $57.02 -3.03%
AAVE $90.76 -5.57%
SUI $0.7023 -5.45%
XLM $0.1766 -4.06%
ZEC $474.05 -7.17%

Data: Zero-fee trading pairs account for about 60% of Binance's total trading volume

2023-03-23 08:23:10
Collection

ChainCatcher news, according to CoinDesk citing Kaiko data, zero-fee trading pairs account for about 60% of Binance's total trading volume. This measure has helped Binance increase its market share from 50% in July last year to 72%. Therefore, Binance's restriction on zero-fee trading may reduce its market share.

Previously reported, Binance resumed some BTC transaction fees and BUSD order fees on March 22. Zhao Changpeng stated that they are shifting zero-fee Bitcoin trading from BUSD to TUSD. (source link)

Related tags
Related tags
app_icon
ChainCatcher Building the Web3 world with innovations.