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Binance Continues to Lead Spot Trading Volume Despite Market Correction

  • Binance, the world's largest crypto exchange, maintains its lead in spot trading volume despite a market correction.
  • While spot trading volume for cryptocurrencies has declined, Binance's share of spot volume has increased.
  • Binance's share of total Bitcoin spot trading volume rose from 33% to 49%, and its share of altcoin spot trading volume rose from 38% to 44%.
  • Binance has become the largest liquidity venue during periods of high market volatility.

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