{"id":572605,"date":"2024-02-01T03:00:08","date_gmt":"2024-02-01T03:00:08","guid":{"rendered":"https:\/\/uniquehot.com\/?p=572605"},"modified":"2024-06-11T07:36:44","modified_gmt":"2024-06-11T07:36:44","slug":"binance-sets-new-record-spot-trading-volume-reaches-427-billion","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/","title":{"rendered":"Binance Sets New Record: Spot Trading Volume Reaches $427 Billion"},"content":{"rendered":"

According to a recent CoinGecko report, Binance, the world’s largest centralized exchange (CEX)<\/a> by trading volume, has retained its market leadership position in 2023.\u00a0<\/span><\/p>\n

Despite facing increased <\/span>regulatory scrutiny<\/span><\/a> and undergoing significant leadership changes, Binance maintained a market share of 43.7% and saw its spot trading volume rise to $427.1 billion in December 2023, representing a 37.5% month-on-month (MoM) increase.<\/span><\/p>\n

Binance Trading Volume Reached $3.8 Trillion In 2023<\/span><\/h2>\n

According to CoinGecko\u2019s <\/span>report<\/span><\/a>, Binance started the year with a commanding 63.5% market share but experienced a gradual decline throughout 2023, ending with a 43.7% market share in December.\u00a0<\/span><\/p>\n

While Binance still dominated the market with 52.6% of the total spot trading volume in 2023, the exchange’s relative market share decline was notable. In absolute terms, Binance generated $3.8 trillion in trading volume throughout the year.<\/span><\/p>\n

Related Reading: Analyst Compared Solana To Ethereum ICO Boom, What Does This Mean For SOL Price?<\/a><\/div>\n
\"Binance
Total trading volume of the top 10 DEXs in 2023. Source: CoinGecko<\/a><\/figcaption><\/figure>\n

As previously reported, Binance faced significant regulatory pressure throughout 2023, culminating in a settlement agreement in November that required the exchange to pay a <\/span>$4.3 billion fine <\/span><\/a>to the Department of Justice (DOJ) and the Commodity Futures Trading Commission (CTFC) for alleged financial breaches.\u00a0<\/span><\/p>\n

As part of the <\/span>settlement<\/span><\/a>, Binance’s CEO, Changpeng Zhao (CZ), also agreed to step down. Richard Teng has assumed the role of the company’s head, while CZ remains restricted from traveling outside the jurisdiction of the United States as the legal battle unfolds.\u00a0<\/span><\/p>\n

Upbit And OKX Follow Closely<\/span><\/h2>\n

Upbit, South Korea’s largest cryptocurrency exchange, managed to maintain its position as the second-largest centralized exchange in 2023, with a 9.5% market share and $687.0 billion in spot trading volume for the year.<\/span><\/p>\n

According to the report, <\/span>Upbit <\/span><\/a>benefited from the Kimchi Premium, which resulted in strong local demand and premium prices for crypto assets.\u00a0<\/span><\/p>\n

The exchange’s monthly spot trading volume hit a yearly high of $90.7 billion in December, with a 93.5% quarter-on-quarter (QoQ) increase.<\/span><\/p>\n

Related Reading: Shiba Inu Prints Rare Bullish Signal, Eyes This Price Target<\/a><\/div>\n

Conversely, <\/span>OKX <\/span><\/a>secured the third position among centralized exchanges in 2023, with a 6.7% market share and $485.9 billion in trading volume. Throughout the year, OKX experienced a steady increase in market share, starting at 5.1% in January and ending at 8.9% in December.\u00a0<\/span>The exchange’s trading volume in Q4 reached $177.9 billion, reflecting a notable 151.6% QoQ gain.<\/span><\/p>\n

Among the top 10 centralized exchanges, CoinGecko reports that MEXC recorded the highest growth in Q4 2023, with trading volume surging by 203.7% to $90.4 billion.\u00a0<\/span><\/p>\n

Bybit followed closely with a growth rate of 162.1% ($107.5 billion), while KuCoin experienced a growth rate of 161.2% ($49.2 billion). KuCoin regained its spot in the Top 10 in Q4 after briefly losing it in Q3, with a market share of 3.3% at the end of December.<\/span><\/p>\n

\"Binance\"
BNB’s price consolidation is above $300 on the 1-D chary. Source: BNBUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Binance Coin (<\/span>BNB<\/span><\/a>) has successfully maintained its position above the $300 threshold, with the current trading price standing at $304. This represents a 1.8% decrease in price over the past 24 hours.<\/span><\/p>\n

Featured image from Shutterstock, chart from TradingView.com\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

According to a recent CoinGecko report, Binance, the world’s largest centralized exchange (CEX) by trading volume, has retained its market leadership position in 2023.\u00a0 Despite facing increased regulatory scrutiny and undergoing significant leadership changes, Binance maintained a market share of 43.7% and saw its spot trading volume rise to $427.1 billion in December 2023, representing a 37.5% month-on-month (MoM) increase. Binance Trading Volume Reached $3.8 Trillion In 2023 According to CoinGecko\u2019s report, Binance started the year with a commanding 63.5% market share but experienced a gradual decline throughout 2023, ending with a 43.7% market share in December.\u00a0 While Binance still dominated the market with 52.6% of the total spot trading volume in 2023, the exchange’s relative market share decline was notable. In absolute terms, Binance generated $3.8 trillion in trading volume throughout the year. Related Reading: Analyst Compared Solana To Ethereum ICO Boom, What Does This Mean For SOL Price? As previously reported, Binance faced significant regulatory pressure throughout 2023, culminating in a settlement agreement in November that required the exchange to pay a $4.3 billion fine to the Department of Justice (DOJ) and the Commodity Futures Trading Commission (CTFC) for alleged financial breaches.\u00a0 As part of the settlement, Binance’s CEO, Changpeng Zhao (CZ), also agreed to step down. Richard Teng has assumed the role of the company’s head, while CZ remains restricted from traveling outside the jurisdiction of the United States as the legal battle unfolds.\u00a0 Upbit And OKX Follow Closely Upbit, South Korea’s largest cryptocurrency exchange, managed to maintain its position as the second-largest centralized exchange in 2023, with a 9.5% market share and $687.0 billion in spot trading volume for the year. According to the report, Upbit benefited from the Kimchi Premium, which resulted in strong local demand and premium prices for crypto assets.\u00a0 The exchange’s monthly spot trading volume hit a yearly high of $90.7 billion in December, with a 93.5% quarter-on-quarter (QoQ) increase. Related Reading: Shiba Inu Prints Rare Bullish Signal, Eyes This Price Target Conversely, OKX secured the third position among centralized exchanges in 2023, with a 6.7% market share and $485.9 billion in trading volume. Throughout the year, OKX experienced a steady increase in market share, starting at 5.1% in January and ending at 8.9% in December.\u00a0The exchange’s trading volume in Q4 reached $177.9 billion, reflecting a notable 151.6% QoQ gain. Among the top 10 centralized exchanges, CoinGecko reports that MEXC recorded the highest growth in Q4 2023, with trading volume surging by 203.7% to $90.4 billion.\u00a0 Bybit followed closely with a growth rate of 162.1% ($107.5 billion), while KuCoin experienced a growth rate of 161.2% ($49.2 billion). KuCoin regained its spot in the Top 10 in Q4 after briefly losing it in Q3, with a market share of 3.3% at the end of December. Binance Coin (BNB) has successfully maintained its position above the $300 threshold, with the current trading price standing at $304. This represents a 1.8% decrease in price over the past 24 hours. Featured image from Shutterstock, chart from TradingView.com\u00a0<\/p>\n","protected":false},"author":589,"featured_media":572606,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83379],"tags":[10768,86230,13291,86864,84195,17195,83605,11427,89186,86483,79524,79611,6664,1558,89072,86404,90855,87870,11587],"class_list":["post-572605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance-coin","tag-binance","tag-binance-ceo","tag-binance-coin","tag-binance-coin-bnb","tag-binance-crypto-exchange","tag-binance-dex","tag-binance-news","tag-bnb","tag-bnb-news","tag-bnb-price","tag-bnbusd","tag-bnbusdt","tag-crypto","tag-cryptocurrency","tag-mexc-exchange","tag-okx","tag-okx-dex","tag-okx-exchange","tag-upbit"],"acf":[],"yoast_head":"\nBinance Sets New Record: Spot Trading Volume Reaches $427 Billion<\/title>\n<meta name=\"description\" content=\"Binance has managed to retain its market leadership position in 2023, according to a recent CoinGecko report.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance Sets New Record: Spot Trading Volume Reaches $427 Billion\" \/>\n<meta property=\"og:description\" content=\"Binance has managed to retain its market leadership position in 2023, according to a recent CoinGecko report.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-01T03:00:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:36:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-26.jpg?fit=421%2C260\" \/>\n\t<meta property=\"og:image:width\" content=\"421\" \/>\n\t<meta property=\"og:image:height\" content=\"260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"Binance Sets New Record: Spot Trading Volume Reaches $427 Billion\",\"datePublished\":\"2024-02-01T03:00:08+00:00\",\"dateModified\":\"2024-06-11T07:36:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/\"},\"wordCount\":517,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-26.jpg?fit=421%2C260\",\"keywords\":[\"Binance\",\"Binance CEO\",\"Binance Coin\",\"Binance Coin (BNB)\",\"Binance crypto exchange\",\"binance dex\",\"binance news\",\"BNB\",\"BNB news\",\"BNB Price\",\"BNBUSD\",\"bnbusdt\",\"crypto\",\"cryptocurrency\",\"MEXC Exchange\",\"OKX\",\"OKX DEX\",\"okx exchange\",\"Upbit\"],\"articleSection\":[\"Binance Coin\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/\",\"url\":\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/\",\"name\":\"Binance Sets New Record: Spot Trading Volume Reaches $427 Billion\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-26.jpg?fit=421%2C260\",\"datePublished\":\"2024-02-01T03:00:08+00:00\",\"dateModified\":\"2024-06-11T07:36:44+00:00\",\"description\":\"Binance has managed to retain its market leadership position in 2023, according to a recent CoinGecko report.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-26.jpg?fit=421%2C260\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-26.jpg?fit=421%2C260\",\"width\":421,\"height\":260,\"caption\":\"Binance\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Binance Sets New Record: Spot Trading Volume Reaches $427 Billion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/uniquehot.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Binance Sets New Record: Spot Trading Volume Reaches $427 Billion","description":"Binance has managed to retain its market leadership position in 2023, according to a recent CoinGecko report.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/","og_locale":"en_US","og_type":"article","og_title":"Binance Sets New Record: Spot Trading Volume Reaches $427 Billion","og_description":"Binance has managed to retain its market leadership position in 2023, according to a recent CoinGecko report.\u00a0","og_url":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-02-01T03:00:08+00:00","article_modified_time":"2024-06-11T07:36:44+00:00","og_image":[{"width":421,"height":260,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-26.jpg?fit=421%2C260","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"Binance Sets New Record: Spot Trading Volume Reaches $427 Billion","datePublished":"2024-02-01T03:00:08+00:00","dateModified":"2024-06-11T07:36:44+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/"},"wordCount":517,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-26.jpg?fit=421%2C260","keywords":["Binance","Binance CEO","Binance Coin","Binance Coin (BNB)","Binance crypto exchange","binance dex","binance news","BNB","BNB news","BNB Price","BNBUSD","bnbusdt","crypto","cryptocurrency","MEXC Exchange","OKX","OKX DEX","okx exchange","Upbit"],"articleSection":["Binance Coin"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/","url":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/","name":"Binance Sets New Record: Spot Trading Volume Reaches $427 Billion","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-26.jpg?fit=421%2C260","datePublished":"2024-02-01T03:00:08+00:00","dateModified":"2024-06-11T07:36:44+00:00","description":"Binance has managed to retain its market leadership position in 2023, according to a recent CoinGecko report.\u00a0","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-26.jpg?fit=421%2C260","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-26.jpg?fit=421%2C260","width":421,"height":260,"caption":"Binance"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Binance Sets New Record: Spot Trading Volume Reaches $427 Billion"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/uniquehot.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Binance Sets New Record: Spot Trading Volume Reaches $427 Billion","url":"http:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/binance-coin\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-26.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-26.jpg?fit=421%2C260"},"articleSection":"Binance Coin","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["binance","binance ceo","binance coin","binance coin (bnb)","binance crypto exchange","binance dex","binance news","bnb","bnb news","bnb price","bnbusd","bnbusdt","crypto","cryptocurrency","mexc exchange","okx","okx dex","okx exchange","upbit"],"dateCreated":"2024-02-01T03:00:08Z","datePublished":"2024-02-01T03:00:08Z","dateModified":"2024-06-11T07:36:44Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Binance Sets New Record: Spot Trading Volume Reaches $427 Billion\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/binance-coin\\\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/binance-coin\\\/binance-sets-new-record-spot-trading-volume-reaches-427-billion\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/shutterstock_download-2-26.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/shutterstock_download-2-26.jpg?fit=421%2C260\"},\"articleSection\":\"Binance Coin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"binance\",\"binance ceo\",\"binance coin\",\"binance coin (bnb)\",\"binance crypto exchange\",\"binance dex\",\"binance news\",\"bnb\",\"bnb news\",\"bnb price\",\"bnbusd\",\"bnbusdt\",\"crypto\",\"cryptocurrency\",\"mexc exchange\",\"okx\",\"okx dex\",\"okx exchange\",\"upbit\"],\"dateCreated\":\"2024-02-01T03:00:08Z\",\"datePublished\":\"2024-02-01T03:00:08Z\",\"dateModified\":\"2024-06-11T07:36:44Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-26.jpg?fit=421%2C260","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/572605"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=572605"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/572605\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/572606"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=572605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=572605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=572605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}