BTC $79,118.17 +0.46%
ETH $2,498.14 +0.64%
BNB $753.62 +1.12%
XRP $1.43 +2.46%
SOL $104.23 +0.91%
TRX $0.3386 +1.07%
DOGE $0.0905 +0.77%
ADA $0.2195 +0.69%
BCH $259.18 +0.26%
LINK $12.50 -1.30%
HYPE $85.75 +1.67%
AAVE $129.60 -1.30%
SUI $0.8188 +0.16%
XLM $0.1891 -0.57%
ZEC $1,233.80 +9.46%
BTC $79,118.17 +0.46%
ETH $2,498.14 +0.64%
BNB $753.62 +1.12%
XRP $1.43 +2.46%
SOL $104.23 +0.91%
TRX $0.3386 +1.07%
DOGE $0.0905 +0.77%
ADA $0.2195 +0.69%
BCH $259.18 +0.26%
LINK $12.50 -1.30%
HYPE $85.75 +1.67%
AAVE $129.60 -1.30%
SUI $0.8188 +0.16%
XLM $0.1891 -0.57%
ZEC $1,233.80 +9.46%

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

2023-03-23 08:23:10

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)

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