Binance, as of May 2024, was the second largest
cryptocurrency exchange in the world, with a reported daily trading volume of $11.8 billion. This high volume indicates Binance's significant market presence and liquidity, making it a popular platform for crypto traders.
7 answers
SeoulSerenity
Wed Jan 01 2025
Binance holds a prominent position in the cryptocurrency market.
EnchantedSoul
Wed Jan 01 2025
It is recognized as the largest crypto exchange globally based on trading volume.
henry_taylor_architect
Wed Jan 01 2025
As of August 2022, Binance's daily trading volume reached an impressive $76 billion.
CryptoKnight
Wed Jan 01 2025
This figure underscores the exchange's significant influence and liquidity.
lucas_taylor_teacher
Tue Dec 31 2024
With such a large trading volume, Binance facilitates a high level of
market activity.