Binance, the leading crypto exchange, has experienced a 20% drop in trading volume in September compared to the previous month.Binance's derivatives trading volume decreased by 21% to $1.25 trillion, the lowest level since October 2023.Crypto.com, a competing platform, saw a 40% surge in trading volumes during the same period.The decline in Binance's trading activity is attributed to increased competition and growing regulatory pressures.