Binance Continues to Dominates Global Crypto Trading
14.01.2025 17:00 1 min. read Alexander Zdravkov
Binance has solidified its status as the world’s leading cryptocurrency exchange, dominating both local and global markets.
In South Korea, Binance accounts for an overwhelming 96.91% of crypto trading activity, leaving local competitors like Upbit and Bithumb with a combined market share of just 3.09%, according to CryptoQuant.
Globally, Kaiko data reveals that Binance facilitates nearly half of all Bitcoin transactions, confirming its position as the primary platform for crypto enthusiasts.
Binance’s growth is underpinned by robust security measures. In 2024, the platform protected 2.8 million users from potential losses totaling $4.2 billion, bolstering its reputation as a secure and reliable exchange.
The company has also earned regulatory approval in 21 regions, including key markets like India, Japan, and Brazil, showcasing its commitment to compliance and global accessibility.
With its advanced features, strong user trust, and wide regulatory reach, Binance continues to lead the cryptocurrency market as the preferred choice for traders worldwide.
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