Wednesday, April 14, 2021
Home Crypto News Market Since The Beginning Of The Year Trading Volume On Binance Exceeded A...

Since The Beginning Of The Year Trading Volume On Binance Exceeded A Record $3 Trillion

- Advertisement -

World top exchange Binance reported that in 2020, the total volume of trading on Binance was over $3 trillion, and the maximum figure for a single day exceeded $52.6 billion. Record figures include trading volumes in the spot market, futures, options, margin trading and tokens with leverage.

Binance noted that since the end of 2019, the number of institutional clients of the exchange has increased by 46%.

The main market for the company was Asia, followed by Europe. The largest trading volumes in pairs with Fiat currencies were led by the United Kingdom, Europe, as well as Russia and the CIS countries.

The most popular cryptocurrencies on the spot market were Bitcoin, Ethereum and XRP. These same assets made up the top three in terms of trading volumes on the Binance Futures trading portal.

CEO changpeng Zhao said that The company expects to end the year with a profit of up to $1 billion.

- Advertisement -
Owner of TheCryptoBasic. Involved in cryptocurrencies for more than five years, Love to trade, and write on cryptocurrencies. My basic aim is to provide genuine information to cryptocurrencies readers because crypto is filled with frauds and scams. True information is very rare to get. So I will be providing accurate information about cryptocurrencies topics, that users can trust.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Binance List the Coinbase Stock Token (COIN)

Binance will list the Coinbase Stock Token (COIN) on 2021-04-14 (UTC), during which the COIN/BUSD trading pair will be open. Users will be able...

6 Blockchain Business Use Cases You Should Know

The potential of the distributed ledger technology (DLT) — an umbrella term of which blockchain is the most popular kind — is enormous. Businesses...

Europe’s Largest Digital Asset Investment Firm CoinShares Launches XRP Exchange Traded Product (ETP)

CoinShares, a major British cryptocurrency investment company, has announced it plans to list XRP (Ripple) exchange-traded fund (ETP) on the SIX Swiss Exchange. This ETP...

Coinbase Stock Hits The Market And Gets Reference Stock Price of $250 from Nasdaq

Nasdaq has released the figures for the reference stock price of Coinbase, the largest cryptocurrency exchange in the United States, which is scheduled to...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.

follow us in feedly