** New Trading Pairs Added (July 2025)**
Binance TH (by Gulf Binance) recently listed **SAHARA** with multiple trading pairs:
- **SAHARA/BNB**, **SAHARA/FDUSD**, **SAHARA/USDC**, and **SAHARA/USDT**
- Deposits/withdrawals opened on **July 7, 2025 (11:00 AM UTC+7)**
- Spot trading went live at **2:00 PM UTC+7**, followed by Easy Buy/Sell at **3:00 PM UTC+7**.
** Binance Dominates Mid-2025 Exchange Metrics**
According to **CryptoQuant**, Binance leads the crypto exchange landscape in:
- **Spot and futures trading volume**
- **Stablecoin reserves (USDT, USDC, FDUSD)**
- **On-chain activity**, especially during high volatility (e.g., altcoin rotations and TRON-based USDT transactions).
- **Capital inflows**, outpacing rivals like Coinbase (strong in institutional markets) and derivatives-focused platforms (OKX, Bybit).
** Competitive Landscape**
- **Coinbase**: Holds strength in **Ethereum-based institutional reserves** but lags in trading volume.
- **Mid-tier exchanges (OKX, Bybit, Bitget)**: Competitive in derivatives but lack Binance’s scale in user engagement.
** Key Takeaways**
- Binance continues expanding its **market reach** with new listings (like SAHARA) and maintains dominance in liquidity and user activity.
- Retail traders favor Binance for **low-fee stablecoin trades** and altcoin liquidity, while institutions still rely on Coinbase for ETH-heavy portfolios.
