🗣 Data from DefiLlama shows that Binance received deposits totaling more than $24 billion in 2024
⏺ As a result of regulatory victories, historic price milestones, and the launch of Bitcoin exchange-traded funds in major markets, there has been a surge in the global adoption of digital assets, which is driving this growth.
⏺ Bybit and OKX are the next two exchanges in terms of inflows, with $8.2 billion and $5.3 billion, respectively. The following exchanges have witnessed net inflows of the largest amounts: BitMEX, Robinhood, and HTX.
⏺ In contrast, Bitstamp, Bitfinex, and Crypto.com have witnessed outflows of $2.75 billion, $1.77 billion, and $358.1 million, respectively.
⏺ When Binance's trading volume surpassed $100 trillion, it became the first centralized exchange (CEX) to do so.
⏺ As a result of regulatory victories, historic price milestones, and the launch of Bitcoin exchange-traded funds in major markets, there has been a surge in the global adoption of digital assets, which is driving this growth.
⏺ Bybit and OKX are the next two exchanges in terms of inflows, with $8.2 billion and $5.3 billion, respectively. The following exchanges have witnessed net inflows of the largest amounts: BitMEX, Robinhood, and HTX.
⏺ In contrast, Bitstamp, Bitfinex, and Crypto.com have witnessed outflows of $2.75 billion, $1.77 billion, and $358.1 million, respectively.
⏺ When Binance's trading volume surpassed $100 trillion, it became the first centralized exchange (CEX) to do so.