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BTC $75,698.02 -1.68%
ETH $2,343.25 -2.65%
BNB $624.42 -2.77%
XRP $1.43 -2.26%
SOL $85.91 -2.84%
TRX $0.3280 +0.43%
DOGE $0.0947 -3.77%
ADA $0.2487 -3.15%
BCH $445.43 -1.98%
LINK $9.27 -3.17%
HYPE $43.61 -2.95%
AAVE $94.78 -17.51%
SUI $0.9490 -4.98%
XLM $0.1712 -1.53%
ZEC $322.82 -4.80%

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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