Binance Trading Volume Reaches All-Time High Amid Bitcoin’s Price Surge
As the Bitcoin price skyrocketed close to $9000 on April 29, Changpeng Zhao, or CZ, announced that Binance, the world’s largest crypto exchange, has hit $11 billion in trading volume over the past 24 hours. This number is considered an all-time high for the exchange. According to CZ’s post, the last time the exchange came near $11 billion was in early 2018. Today they reached a new record in terms of trading volume. Crypto community is bullish Crypto traders responded positively about the exchange’s ATH volume. Some believe that the trading volume will increase even more in the days to come. Other major exchanges were reportedly having issues handling the high trading volumes during the Bitcoim pump. Some members of the crypto community have praised Binance for operating without any such problems. Bitcoin’s halving is happening in less than two weeks. As Cointelegraph reported earlier today, the media buzz around the halving event has grabbed people’s attention globally. All major trends surrounding Bitcoin’s price appear to be positive.
@cz_binance: RT @skewdotcom: 1/. FTX / Binance deal Below FTX and Binance volumes combined over the last quarter in the Bitcoin futures markets - trading > $1bln on a regular basis A force in the making that didn't even exit at the start of the year! https://t.co/9TaV8g2Lz1
Crypto derivatives trading volumes plunged 36% to $393 billion in June, the lowest they have reached in 2020, according to a new report by Cryptocompare. Crypto Market Volatility Surges, Sending Trading Volume on Binance to an All-Time High. Bitcoin and the entire crypto market saw intense bull-favoring volatility this morning that came about when BTC pushed from lows of $7,700 to highs of nearly $9,000, at which point it met some resistance that led it to decline slightly.. In the time since making this massive movement, the market has entered ... Daily Bitcoin trading volume has doubled over the last 24 hours at the Binance futures exchange. The derivative exchange allows traders to speculate on the price of Bitcoin against the US-dollar with up to 125X leverage. Since the launch of the Binance futures’ bitcoin derivatives market in mid-September, daily trading volume has been on a consistent upward climb. After spending most of its ... Fellow Binancians, As we strive towards continuing to improve the Binance ecosystem, we are excited to announce that OTC Portal crypto trading volumes will now count towards VIP tier requirements. Specifically, all OTC Portal volumes, which you can check here, will count as part of spot trading volumes (starting from 2020/07/20 4:00 AM UTC), and can help lower your trading fees on Binance. Binance Futures’ Role In BTC Trading Volumes. The first-ever and largest cryptocurrency by market cap remains the most frequently traded digital asset on futures platforms. As such, it’s worth exploring the performance and market shares of different exchanges. Data from the analytics company Skew indicates that three platforms have been leading in Bitcoin trading volume in the past several ... Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Binance trade volume and market listings The volumes of the quarter just ended are more than double those of the first quarter of the year, and 110% higher than the previous quarter, without including the derivatives trading volume. Taking bitcoin as an example, in the last 24 hours the volume of derivatives traded on the BTC/USD pair on Binance has been around $1.1 billion, compared ... Get Binance total trading volume, trading fees, pair list, fee structure, and other cryptocurrency exchange info. Find out the most actively traded coin on Binance. 🎉 Our October 2020 Monthly Cryptocurrency Report is here🎉 The rise of Bitcoin, total crypto market cap yearly-high & much more! EN . Language . English Deutsch Español Français Italiano język polski Limba română Magyar ... Binance US is a centralized cryptocurrency exchange located in United States. There are 52 coins and 105 trading pairs on the exchange. Binance US volume in the last 24 hours is reported to be at ₿3,127.83. The most active trading pair on Binance US exchange is BTC/USD. Binance US is established in year 2019.
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