Binance spot trading volumes hit a yearly high in March as Bitcoin and Ethereum rose to new highs.
The spot trading volume of Binance exchange hit the highest level since May 2021, following seven consecutive months of ascent, according to a new report from CCData.
According to an April 5 report by cryptocurrency analytics platform CCData, Binance’s spot trading volume increased by 121% to $1.12 trillion in March
The report said the combined market share of the exchange also increased by 1.04% to 44.1% in March.