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Binance Continues to Dominates Global Crypto Trading

14.01.2025 17:00 1 min. read Alexander Zdravkov
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Binance Continues to Dominates Global Crypto Trading

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.

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

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