Binance Loses 15% Market Share — But The Company Is Just Fine With It

Binance Loses 15% Market Share — But The Company Is Just Fine With It

In recent months, crypto behemoth Binance saw a dip in its market share by approximately 15 percentage points.br br Previously dominating 62 of the market in spot crypto trading volumes in February, Binance's share since slipped to an estimated 47 this month.br br Despite this decline, Binance continued to be the world's premier spot crypto exchange, as per The Block's Data Dashboard.br br "We have a significant chunk of the market share at present. The desire to acquire more isn't there," The Block reported Binance's Chief Strategy Officer Patrick Hillmann as saying.


User: Benzinga

Views: 11

Uploaded: 2023-05-18

Duration: 00:59