Data: CEX trading volume in February decreased by 20%, with Binance still holding the largest market share

ChainCatcher message, due to macroeconomic concerns affecting investor sentiment, the trading volume on centralized exchanges decreased by 21% last month, down to $7.2 trillion. Among centralized exchanges, Binance ranked first with a 27% market share, followed by Crypto.com (8.1%) and Bybit (7.4%), while Coinbase (COIN) and MEXC Global rounded out the top five.