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Binance Loses 16% of Market Share After End of Zero Fees on BTC Pairs and Rising Regulation Troubles

Binance has lost a big share of its total trading volumes since ending its zero fees on Bitcoin pairs and in wake of the US Commodity Futures and Trading Commission (CFTC)’s lawsuit against the firm.

Kaiko says Binance’s market share has dropped by a stunning 16%.

That being said, Kaiko notes that Binance remains far and away the largest crypto exchange in the world by volumes, maintaining a 54% market dominance.

Bitcoin Bitcoin $93,891.05
-4.29%
Binance BTC CFTC
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