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Total trading volume at the top 10 CEX exchanges reached $833 billion, up 19% from $699 billion in October.

Binance

Cryptocoins Exchanges / Binance 148 Views

Total trading volume at the top 10 CEX exchanges reached $833 billion, up 19% from $699 billion in October.

Binance stays the most important change out there, accounting for $500 billion out of a total of $833 billion. After a period of pushing to succeed in new customers, Binance has shifted its operations to a “defensive” course. Some notable moves embrace:????

Scale back transaction fees of some necessary asset pairs (BTC, ETH, BUSD, RBIF…) to 0% and partially scale back transaction charges of different asset courses to retain customers.

Create events with engaging prizes to draw extra exercise on the change (World cup token, Fan token ...)

Reject venture investments (with FTX or Genesis…) but nonetheless actively help the development of the ecosystem via a market bailout of 1 billion USD.

https://preview.redd.it/hktzvc2tnt3a1.png?800&format=png&auto=webp&s=142a59d3950126bf6c2e3d753cb8febeefeb845b

submitted by /u/benjamiNNn00
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