Binance maintains its leading position in the crypto market

by in Cryptocurrency News

Binance

Binance is confidently holding the first place in the ranking of cryptocurrency exchanges both in terms of trading volumes and in terms of popularity among Internet users.

This platform is ahead of its competitors in terms of popularity in many countries.

According to SimilarWeb, more than 300 million users of the World Wide Web have visited the Binance website in the past 30 days. The average daily volume of spot trading in digital currencies on this exchange is just over $12.263 billion.

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Second place goes to Coinbase. The site of this trading platform was visited by 121 million Internet users in a month, the researchers found out.

Binance has had problems with regulators in many countries. Moreover, in Europe, the crypto-exchange was forced to temporarily suspend servicing investors until the settlement of contradictions with the states of the region.

In early May, the French authorities legalized the activities of Binance. The subsidiary of the exchange was included in the list of virtual service providers and received the right to serve investors.