On August 15, according to the Coingecko report, in the context of Bitcoin hitting a record high in July, Binance's spot transaction volume rose 61.4% month-on-month to $698.3 billion, far exceeding MEXC (market share 8.6%, $150.4 billion) and Gate (7.8%, $137.2 billion), accounting for nearly 40% of the global spot transaction volume.
Also in July, Binance's trading volume exceeded that of several of the world's top 10 exchanges combined. This advantage is not limited to a single month - in the second quarter of 2025, Binance accounted for 38.0% of the total turnover of the top 10 exchanges, with a turnover of $1.47 trillion (total turnover was $3.80 trillion).
Binance spot trading volume surged 61.4% in a single month to $698.3 billion
2025-08-15 04:43:04
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