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ZEC $340.19 -3.36%
BTC $76,900.72 -0.95%
ETH $2,289.58 -1.54%
BNB $625.75 -0.61%
XRP $1.39 -1.83%
SOL $84.32 -1.92%
TRX $0.3242 +0.20%
DOGE $0.1001 +1.90%
ADA $0.2479 -0.23%
BCH $448.38 -0.24%
LINK $9.27 -0.96%
HYPE $41.20 -2.93%
AAVE $97.66 +1.57%
SUI $0.9337 -0.06%
XLM $0.1651 -2.73%
ZEC $340.19 -3.36%

Data: Zero-fee trading pairs account for about 60% of Binance's total trading volume

2023-03-23 08:23:10
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ChainCatcher news, according to CoinDesk citing Kaiko data, zero-fee trading pairs account for about 60% of Binance's total trading volume. This measure has helped Binance increase its market share from 50% in July last year to 72%. Therefore, Binance's restriction on zero-fee trading may reduce its market share.

Previously reported, Binance resumed some BTC transaction fees and BUSD order fees on March 22. Zhao Changpeng stated that they are shifting zero-fee Bitcoin trading from BUSD to TUSD. (source link)

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