When it comes to talking about Bitcoin, Ethereum, USDT, DOGE, or just about anything in the crypto world, the name Binance almost always enters the conversation even before the sentence is finished.
“Want to buy Bitcoin? It’s on Binance.”
“Looking to trade USDT? Binance P2P has you covered.”
“Interested in Futures trading? Binance offers it.”
This kind of dominance in conversations reflects how deeply Binance has entrenched itself in the global crypto industry—especially in Eastern markets. In fact, the gap between Binance and its competitors is wide enough to be visibly measurable in both volume and user base.
Consistent Growth, Despite Product Fluctuations
Binance isn’t just sitting still. It constantly evolves—launching new features, catching trends, and pushing the boundaries of product development.
However, not every product manages to gain long-term traction. Some fade out after a brief period of popularity. This is often due to Binance’s rapid innovation cycle, not due to user dissatisfaction.
Futures Trading: Still on Top
If there's one number that shows Binance’s lead, it’s in Futures trading. In April 2025 alone, Binance recorded $1.04 trillion in Futures trading volume—breaking previous records of $962 billion in February and $683 billion in March. Even more impressive was January, which saw $1.08 trillion, partially fueled by Donald Trump's inauguration and expected pro-crypto policy shifts.
In terms of global dominance:
Binance accounted for 30.3% of the global derivatives market in the first three months of 2025.
On the Spot trading front, Binance controlled around 45% of the global market, maintaining its title as the world’s largest crypto exchange.
Why Do Traders Choose Binance?
From a Myanmar trader's perspective (and likely many others), it’s a mix of trust, convenience, and liquidity.
Most popular tokens are available on Binance with wide pair selections.
High liquidity ensures seamless execution.
UI/UX is beginner-friendly yet powerful for pros.
Customer support is fast and responsive.
And above all, it’s simply more trusted due to its global footprint and regulatory efforts.
Stronger Regulatory Collaboration
In recent times, Binance has shown more willingness to collaborate with governments on compliance and regulations. This has helped it earn trust from both regulators and users alike—ensuring a more stable operational environment moving forward.
Binance became the world’s largest crypto exchange in just a few years—and even after its 8th anniversary, it’s holding that position firmly. While no centralized exchange is immune to regulatory or political shifts, Binance's strong foundation and adaptability make it a reliable choice for most traders.
Still, it’s wise to remember: use exchanges as tools, not banks. Diversify your holdings and stay alert!
