Binance asserts dominance with $5 billion in daily trading volume

27 Jun, 2019
by Ryan Boltman
Exchange
Binance asserts dominance with $5 billion in daily trading volume

Binance continues to dominate the industry following the recent daily trading volume record of $5 billion being reached by the world’s number one crypto exchange

While Bitcoin has been on the rampage, so has Binance exchange which saw a $5 billion in daily trading volume being reached. According to Coinmarketcap, Binance broke $5 billion in daily trading volume to hold top spot for trading volume. 


Binance CEO Changpeng Zhao was quick to tweet the achievement, showing Bitcoin making nearly half the entire trading volume, which comes as no surprise following Bitcoin’s recent price surge. 


According to adjusted volume on Coinmarketcap, Binance ranks first by over $1 billion compared to second and third placed OkEx and Huobi Global. 

Binance continues to dominate the market and shows no signs of slowing down following the recent news that all clients can now trade margin on the exchange. 

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