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Binance hits record $100T trading volume

by

3 hours ago

Binance has recorded over $100 trillion in cumulative spot and derivatives trading volume, reflecting growing interest in cryptocurrencies.

Binance's Record Volumes

Binance recorded over $100 trillion in cumulative spot and derivatives trading volume. As of writing, CoinMarketCap data shows Binance's total spot trading volume is $12.3 billion, while the derivatives trading volume is $43.15 billion.

Other Leading Exchanges

According to CCData, OKX ranks second with $24.9 trillion, followed by Bybit and Bitget with $13.2 trillion and $10.9 trillion respectively.

According to CCData, Binance's cumulative spot and derivatives trading volume has exceeded 100 trillion US dollars.Wu Blockchain

FTX's Position

FTX ranks sixth in the standings despite suspending operations and undergoing bankruptcy.

These figures showcase the increased demand for cryptocurrencies and highlight Binance's significant impact on the market.

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