Since the beginning of 2025, the total spot trading volume on the cryptocurrency exchange Binance has reached $1.9 trillion. The exchange controls 43.66% of the total trading volume in the spot crypto market.
This is reported by Finway
According to data from analysts at CryptoQuant, Binance leads in spot trading volumes, holding the largest market share at $1.9 trillion. The total spot trading volume across the entire market is $4.56 trillion, with the majority attributed to Binance.
“The high liquidity of Binance contributes to more convenient trading, lower spreads, and better prices for traders,” noted CryptoQuant.
Experts emphasized that the spot trading volume on Binance exceeds that of its closest competitor, Crypto.com, by 3.6 times (12.12%). Additionally, Binance outperforms exchanges such as Bybit, Coinbase, OKX, and Upbit overall.
Significant Advantage of Binance in the Market
Currently, the trading volume on Binance’s spot market is eight times greater than that of Coinbase, indicating that the exchange continues to be the primary trading hub. According to analysts, a similar situation was observed at the beginning of 2024 when Binance’s trading figures also surpassed those of its competitors, and Bitcoin reached historical highs.
“Interestingly, at the beginning of 2024, Binance’s volume was 19 times greater than Coinbase’s, and now that difference has narrowed to eight times. Despite this, Binance maintains a significant advantage, even considering that Coinbase is the largest exchange in the U.S.,” analysts concluded.
Furthermore, CryptoQuant previously noted that the market is poised for rapid growth, which could lead to further increases in trading volumes.