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Kaiko: Binance's Bitcoin trading share drops to 55.3%

Sep 12, 2024 17:36:58

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ChainCatcher message, according to data from the research institution Kaiko, over the past year, Binance's Bitcoin trading share has decreased from 81.3% to 55.3%. The trading share of altcoins has also dropped from 58% to 50.5%. Platforms like Bybit and OKX have expanded their business footprint in regions such as Asia, while Binance has been dealing with the impacts of legal issues. Over the past year, Bybit's share in non-U.S. Bitcoin trading has risen from 2% to 9.3%. Currently, OKX's share is 7.3%, up from the previous 3%.

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