Binance’s Spot Market Share Dips to 34.3% – What’s Behind the Decline?

According to yesterday’s report by cryptocurrency data provider CCData, Binance’s spot market share has seen a notable decline, falling from 38.5% in August to 34.3% in September. This marks the seventh consecutive month of decreasing spot market share for the world’s leading cryptocurrency exchange.
The slump in Binance’s market share isn’t isolated to the spot market; the exchange has also lost ground in the derivatives sector. …
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