Binance Crypto Dominance Declines, Empowering Rivals Huobi And OKX

Binance Crypto Dominance Declines, Empowering Rivals Huobi And OKX


Bitcoinist
2023-05-12 14:00:53

Binance is now facing another major challenge as a recent study by research firm Kaiko revealed that rival exchanges Huobi and OKX benefited from Binance’s decision to curtail its zero-fee promotion. Subsequently, the crypto exchange saw its market share drop in the spot trading of digital assets. The study highlights the impact of Binance’s decision