A major cryptocurrency exchange, Binance, saw its spot trading volume surge to $1.12 trillion, its highest level since May 2021, growing for seven consecutive months, according to a CCData report.
In March alone, Binance witnessed a 121% surge in its spot trading volume, reaching $1.12 trillion, while its market share climbed by 1.04% to reach 44.1%. This surge follows Binance’s settlement of its case with the U.S. Department of Justice, where it paid a $4 billion fine.
CCData’s report also highlights Binance’s robust performance in derivatives trading, with volumes rising by…
