A recent report from tokeninsight found that in the last 30 trading days (October 7 to November 15, 2024), Binance’s total trading volume (spot + derivatives) surpassed the world’s major stock markets. Binance’s trading volume was 10% higher than Nasdaq, twice that of the New York Stock Exchange, and 16 times that of Coinbase.
Binance accounted for 50% of the global centralized trading platform’s trading volume. During the US presidential election week, the total amount of USDT flowing into major trading platforms exceeded $20 billion, with Binance leading the way with $7.7 billion in inflows, followed by Coinbase with $4.3 billion, and other trading platforms with $6.5 billion.
