BlockBeats news, on October 4, according to CCData data, Binance’s combined market share in spot and derivatives trading volume fell to the lowest level since September 2020 in September. Its spot trading volume fell nearly 23% from August, bringing its spot market share to 27%, its lowest since January 2021. The platform’s derivatives trading also fell by 21%, with its market share in CEX at 40.7%, its lowest level since September 2020.
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Binance’s Combined Market Share in Spot and Derivatives Trading at Lowest Since September 2020
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