📊 Binance dominates other exchanges in 2024 with 44.1% market share. Over the past three months, the market rally has mainly benefited Coinbase and Upbit.

🛄 Coinbase gets over 80% of its trading volume from institutional traders , while Upbit caters to risk-seeking retail investors.

🏦 Bybit, OKX, and Bitget, which saw strong growth earlier this year , have seen market share declines since August.

🏦 Binance continues to dominate in many areas, with an average of $19 billion in daily trading volume in 2024 , almost five times that of Bybit for example with $4 billion.

⚓ Binance also offers over 1,200 trading pairs compared to less than 800 on most platforms. (KaikoData)