Cex

#CEX exchanges are convenient—you can quickly buy a token or participate in various rewarded activities. But there’s a hidden drawback: centralization. Your funds are managed by a private individual or company. During a bull market, everything seems fine, and problems can be brushed aside. But in a bear market, not everyone can handle the lack of massive financial flows, and it becomes clear who has actual reserves and who’s bought a new villa or yacht (looking at you, #FTX ). A recent example is the theft of $ETH worth $1.5 billion from #Bybit .
Yes, the exchange managed to handle it, buying back #Ethereum to ensure normal operations, proving they have sufficient reserves and can deal with challenges. But who can guarantee that a similar situation won’t lead to a collapse in the future? That’s why I use CEX for quick trades and speculation, but for long-term solutions, like storing crypto, I rely on non-custodial wallets or even hardware ones. For token swaps on the #TON network, I use STON.fi because I trust its reliability. Tools like staking and liquidity pools, also available on STON.fi, allow you to not just hold crypto but earn passive income from it.

The crypto world felt the chill of a market slowdown in early 2025, but Binance stayed warm at the top.

Even as trading activity dipped across the board, the exchange held its spot as the #1 centralized platform, proving once again why it’s the giant of the industry.
The Big Picture: A Quieter Quarter for Crypto
Crypto trading volumes took a hit globally in Q1 2025. The buzz that followed Trump’s inauguration last year faded, and total trading sank 12.5% compared to late 2024. Binance wasn’t immune – its quarterly volume dropped from
9.95 trillionto 8.39 trillion – but it still gobbled up over 36.5% of the entire market. Let’s just say, while others shivered, Binance kept its jacket.

Spot Market Drama: Winners and Losers
Spot trading (where people buy and sell crypto directly) slowed hard. The top 10 exchanges together handled
4.6 trillion,down13.158 billion to $51 billion. But here’s the twist: Binance actually gained a little ground, ending Q1 with 45% of the spot market.
Not everyone struggled. Underdogs like MEXC boosted their spot share from 6.1% to 8%, while HTX, Bitget, and Bybit inched up too. But most platforms? Let’s call it a rough quarter.

Coinbase’s Struggles: A Cautionary Tale

Binance’s biggest U.S. rival, Coinbase, had a bumpy ride. Its stock price tanked 30.6% to $172.23, and daily trading slowed to a crawl.

Investors seemed to hit pause, possibly spooked by the wider market jitters or regulatory headaches. For now, Coinbase clings to a 9% market share – enough for second place, but miles behind Binance.
Derivatives Dominance: Where Binance Really Shines
When markets get shaky, traders flock to derivatives (think futures and options) to hedge bets. Binance led here too, capturing 30.3% of the $21 trillion derivatives market.

The exchange’s balance between spot and derivatives trading impressed analysts, showing its ability to handle chaos without breaking a sweat.
Goodbye Hype, Hello Logic?
Remember the meme coin mania and AI token frenzy of 2024? Yeah, that’s over. TokenInsight’s report says the market’s finally acting “like an adult” – trading spread more evenly across exchanges, and wild speculation cooled off.

But new challenges loom, like U.S. tariff policies, which could keep crypto prices on edge in the coming months.

#Binance #Cex #data

#BinanceLeadsQ1 according to the latest market data, #BİNANCE has once again confirmed its dominance in the centralized cryptocurrency exchange market <t-22/>#Cex in the first quarter of 2025. The platform recorded an impressive trading volume in the spot market of 2.2 trillion US dollars, which is undeniable evidence of its leadership.