Binance Dominates the Crypto Space With Its $4.6T Year-To-Date Trading Volume 5X Its Closes Competitor, OKX
November 15, 2022 (Investorideas.com Newswire) According to StockApps.com, Binance has survived and thrived in the current market conditions. The exchange has reported a year-to-date trading volume of $4.6T.
Speaking on the data, Edith Reads, StockApps analyst, said. "Binance won many people's hearts due to its SAFEU feature, which safeguards users in the event of a hack. Besides, the DEX is accessible to more than 180 nations worldwide. Furthermore, Binance updates its features regularly, offering customers access to various services. The platform offers Futures, P2P, Margin, and spot trading services besides staking and lending. With all these options, clients feel that Binance offers a one-stop shop to them."
The Binance Strategy Is Working Despite the Winter
OKX and Coinbase follow Binance with $778B and $743B, respectively in year-to-date trading volume. On the other hand, FTX ranks fourth behind Coinbase and OKX with $599B in year-to-date trade volume. The full story and statistics can be found here. Binance Dominates the Crypto Space With Its $4.6T Year-To-Date Trading Volume 5X Its Closes Competitor, OKX
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