#BinanceLeadsQ1 Binance led the cryptocurrency exchange market in Q1 2025, solidifying its dominance with a total trading volume of approximately $8.4 trillion. This impressive volume accounted for around 36.5% of the centralized exchange (CEX) market share, with spot trading volume reaching $2.2 trillion. Despite regulatory challenges and increased competition, Binance's strong performance was driven by innovative product offerings, improved security features, and a focus on user experience. The exchange also saw significant growth in its user base, with an average of 187,000 new users joining daily in early 2025