Binance Crypto Market Share Likely Fell After Zero-Fee Halt (1)

Binance it appears to have lost market share amid changes to its trading fee structure and a broader regulatory crackdown on the cryptocurrency universe by US officials.

The world's largest digital trading platform now controls around 50% of the spot market share, the lowest since April 2022, according to Dessislava Ianeva, a senior research analyst at Kaiko. Its market share has shrunk after the platform, which has no fixed headquarters and offers services around the world, in March removed zero-fee trading on certain pairs.

"We have to wait and see if this is a temporary or more sustainable change in trading patterns," Ianeva...

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