Binance market share hit lowest level since 2020 as general exchange trading volume declined

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Binance Notícia

Cryptocurrencies

CCData's report on Thursday revealed that Binance's market share for spot and derivatives trading volumes declined in the last month of Q3, dropping to lows not seen since 2020.

Binance combined trading volumes for spot and derivatives markets declined in September, marking its lowest levelsince 2020. General trading volumes among centralized exchanges fell in September as Q3 ended. Open interest on retail derivatives exchanges increased by 32.1% in September following Fed rate cut. CCData's report on Thursday revealed that Binance's market share for spot and derivatives trading volumes declined in the last month of Q3, dropping to lows not seen since 2020.

6%, the lowest since September 2020, although it remains the leader in global spot trading volume among centralized exchanges. Spot trading volumes on centralized exchanges decreased by 17.2% to $1.27 trillion, the lowest level since June. Likewise, derivatives trading volumes on these exchanges dropped by 16.9% to $3.07 trillion, also reaching their lowest point since June. Additionally, open interest in retail derivatives exchanges surged by 32.1% to $53.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 14. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Binance's Crypto Market Share Sinks to 4-Year LowKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Fonte: CoinDesk - 🏆 291. / 63 Consulte Mais informação »