Binance extends market share for fourth consecutive month

The exchange market share increased from 59.4% in January to 61.8% in February. Binance had a 13.7% increase in its spot volumes to $504 billion, an all-time high market share for the exchange.

Following Binance in terms of trading volume in February 2023 was Coinbase with $39.9 billion, down 29% month-on-month, while Kraken was third with $19.3 billion, down 11%.