October 17, 2019, 5:12AM EDT
• 2 min read

Binance recorded its second-best quarter ever, brought $186 million in profit

Quick Take

  • Binance brought in approximately $186 million in profits in Q3; up 56% from Q2
  • Cumulatively, Binance made more than $1 billion in a little over two years of existence
  • Based on the growing ratio between profit and spot volume, Binance appears to be diversifying its revenue streams

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