Despite Binance’s decline in spot trading market share over the year, it still remains the largest cryptocurrency exchange by a wide margin. In second place to Binance’s 30% is Seychelles-based OKX, which has seen its market share grow to 8% in December from around 4% to start the year, according to CCData.

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• Source: https://www.coindesk.com/business/2023/12/11/binances-market-share-of-crypto-trading-tumbled-to-30-in-2023/?utm_medium=referral&utm_source=rss&utm_campaign=headlines