Binance, the world’s largest cryptocurrency exchange by trading volume, provides a clear picture of which coins traders prefer the most. According to the latest market data, Bitcoin ($BTC ) remains the most purchased and traded cryptocurrency on the platform.
1. Bitcoin (BTC): The King of Volume
Trading Volume: Bitcoin consistently ranks at the top of Binance’s most traded coins list. Excluding stablecoins like USDT and USDC, BTC regularly holds the highest trading volume.
Why It’s Popular:
Market Leader: Bitcoin is the first and most widely recognized cryptocurrency.
Liquidity: Its high trading volume ensures minimal price slippage, especially in the BTC/USDT pair.
Universal Appeal: Both retail and institutional investors consider BTC a must-have asset in their portfolios.
2. Other Frequently Traded Cryptos
Ethereum ($ETH ): The second most traded coin on Binance, with the ETH/USDT pair being one of the most active in the market.
Binance Coin ($BNB ): The exchange’s native token, used for trading fee discounts, Launchpad participation, and other ecosystem benefits, also sees significant trading activity.
3. Indicators of Popularity
BTC, ETH, and BNB regularly dominate Binance’s “Most Traded” lists.
Strong price movements and deep liquidity make these coins attractive to both short-term traders and long-term investors.