In recent months, crypto behemoth Binance saw a dip in its market share by approximately 15 percentage points.
Previously dominating 62% of the market in spot crypto trading volumes in February, Binance's share since slipped to an estimated 47% this month.
Despite this decline, Binance continued to be the world's premier spot crypto exchange, as per The Block's Data Dashboard.
"We have a significant chunk of the market share at present. The desire to acquire more isn't there," The Block reported Binance's Chief Strategy Officer Patrick Hillmann as saying.
Previously dominating 62% of the market in spot crypto trading volumes in February, Binance's share since slipped to an estimated 47% this month.
Despite this decline, Binance continued to be the world's premier spot crypto exchange, as per The Block's Data Dashboard.
"We have a significant chunk of the market share at present. The desire to acquire more isn't there," The Block reported Binance's Chief Strategy Officer Patrick Hillmann as saying.
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