BTC $64,115.57 +1.04%
ETH $1,896.14 +0.01%
BNB $600.27 -0.51%
XRP $0.9965 -0.06%
SOL $76.14 +1.14%
TRX $0.3323 +0.23%
DOGE $0.0697 -0.31%
ADA $0.1738 +0.50%
BCH $203.08 -0.06%
LINK $9.41 -1.09%
HYPE $59.31 +0.26%
AAVE $89.24 +3.15%
SUI $0.6522 -3.36%
XLM $0.1532 -2.50%
ZEC $504.61 -0.93%
BTC $64,115.57 +1.04%
ETH $1,896.14 +0.01%
BNB $600.27 -0.51%
XRP $0.9965 -0.06%
SOL $76.14 +1.14%
TRX $0.3323 +0.23%
DOGE $0.0697 -0.31%
ADA $0.1738 +0.50%
BCH $203.08 -0.06%
LINK $9.41 -1.09%
HYPE $59.31 +0.26%
AAVE $89.24 +3.15%
SUI $0.6522 -3.36%
XLM $0.1532 -2.50%
ZEC $504.61 -0.93%

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

2023-03-23 08:23:10

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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