December 15, 2020, 6:30AM EST
• 5 min read

Binance continues to build its market dominance

Quick Take

  • Binance’s spot volume market share has grown from 55% in January to 60.7% in November.
  • Despite an overall reduction in exchange BTC and ETH holdings, year-to-date, Binance was able to grow both its BTC and ETH holdings by 19.6% and 27% respectively.
  • Moreover, Binance was able to more than double its market share for both Bitcoin and Ethereum futures to about 28%.

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