Binance, the world’s largest crypto exchange by trading volume, has extended its spot market share across crypto exchanges for a fourth consecutive month.
The exchange market share increased from 59.4% in January to 61.8% in February, according to a report from crypto market data provider CryptoCompare. Binance had a 13.7% increase in its spot volumes to $504 billion, an all-time high market share for the exchange.
Coinbase is second to Binance in volume, trading $39.9 billion (down 29% from the previous month), followed by Kraken, which traded $19.3 billion (down 11%.)
(By Lyllah Ledesma)
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