Which is the world's largest exchange?

Binance is the world's largest cryptocurrency exchange. 1) Its daily trading volume exceeds US$20 billion, accounting for 27% of the world; 2) It has more than 100 million registered users; 3) It provides diversified services and innovative products; 4) It maintains its leading position through global compliance expansion.

The world's largest cryptocurrency exchange is Binance, which is leading the way in terms of transaction volume, user scale, market share, etc.

The following is a detailed analysis:

1. Binance - the core data of the world's largest exchange

• Trading volume:

  • Daily trading volume exceeds US$20 billion, accounting for 27% of the global market share.

  • Net inflows per month in February 2025 were US$5.323 billion, 4.33 times the total of the other nine leading exchanges.

• User Size:

  • More than 100 million registered users, the largest exchange in the world's largest user base.

• Products and Services:

  • Provide diversified services such as spot, futures, options, pledge, and lending.

  • Innovative products such as Launchpad (Singapore currency issuance) and Binance DEX (Decentralized Exchange).

• Compliance and expansion:

  • It received a US$2 billion investment in Abu Dhabi and obtained compliance licenses in Dubai, the UAE and other places.

2. Comparison of other top exchanges

Although Binance is dominant, the following exchanges also have global influence:

Exchange	Core advantages	Remark
OKX (Ou Yi)	Web3 has a strong layout and supports 500 currencies	Former OKEx, the Asian market has a great influence
Gate.io	The fastest coin listing speed (3.2 hours/sing currency)	In Q1 2025, BTC spot trading volume accounted for 31.6% of the world
Coinbase	The largest compliance exchange in the United States	Suitable for beginners, Nasdaq is available
Bybit	Strong derivative trading (100 times leverage)	Perpetual contracts lead in trading volume

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3. Reasons why Binance stays ahead

1. Low fees: Attract high-frequency traders.

2. Globalization layout: Establish compliant entities in multiple countries (such as the United Arab Emirates and Europe).

3. Innovation-driven: Continuously launch new functions (such as AI risk control, on-chain reserve certificate).

4. Liquidity advantages: Maintain high trading depth under extreme market conditions.

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