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XLM $0.1970 -1.76%
ZEC $442.28 +3.74%
BTC $62,682.27 -0.59%
ETH $1,663.97 -0.80%
BNB $597.90 -0.74%
XRP $1.13 +0.14%
SOL $65.70 -0.91%
TRX $0.3250 -0.52%
DOGE $0.0849 -0.79%
ADA $0.1660 +1.75%
BCH $206.26 -6.59%
LINK $7.85 -0.05%
HYPE $61.96 +1.53%
AAVE $61.76 -1.80%
SUI $0.7432 -0.93%
XLM $0.1970 -1.76%
ZEC $442.28 +3.74%

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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