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The CryptoDep platform recently published an analysis showing the market shares of the largest centralized cryptocurrency exchanges for July 2025.
According to the data, Binance maintained its lead with a market share of 39.8%. The MEXC platform came in second with a share of 8.6%, while Coinbase ranked third with a percentage of 5.8%.
As for the rest of the top ten exchanges, they shared a close market share of 45.8%, with each of their shares ranging between 5% and 7%, indicating strong competition in the market.
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